Business

Otedola invests $100m in Dangote Refinery

Otedola invests $100m in Dangote Refinery

  Nigerian billionaire businessman and Chairman of First HoldCo, Femi Otedola, has announced plans to invest $100 million in the…
CBN retains interest rate at 26.5%

CBN retains interest rate at 26.5%

  The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR)…
Dangote projects $100bn revenue milestone before 2030

Dangote projects $100bn revenue milestone before 2030

President and Chief Executive of Dangote Group, Aliko Dangote, has expressed confidence that the conglomerate could surpass its projected $100…
Dangote slashes aviation fuel price to N1,650

Dangote slashes aviation fuel price to N1,650

  Dangote Petroleum Refinery has reduced the price of aviation fuel, also known as Jet A1, from N1,750 to N1,650…
Dangote slashes aviation fuel price to N1,650

Dangote slashes aviation fuel price to N1,650

  Dangote Petroleum Refinery has reduced the price of aviation fuel, also known as Jet A1, from N1,750 to N1,650…
BOI, IFC sign Abuja arena partnership

BOI, IFC sign Abuja arena partnership

The Bank of Industry (BOI) and the International Finance Corporation (IFC) have entered into a partnership agreement to support the…
Lagos sanctions 15 loan firms

Lagos sanctions 15 loan firms

  The Lagos State Government has sanctioned 15 money lending companies for violating operational regulations and engaging in practices considered…
CBN unveils revised foreign exchange manual

CBN unveils revised foreign exchange manual

  The Central Bank of Nigeria has released the fourth edition of its Foreign Exchange Manual, introducing updated rules aimed…
World Bank limits comments over Nigeria loan debate

World Bank limits comments over Nigeria loan debate

  The World Bank has restricted comments on its Instagram page following intense reactions from Nigerians over a proposed $1.25…
Onyema decries oil dependence, blames it on tourism stagnation

Onyema decries oil dependence, blames it on tourism stagnation

The Chairman of Air Peace, Allen Onyema, has said Nigeria’s heavy reliance on crude oil revenue has stifled the growth…
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