Business

Mr Soneye emphasised that market forces determine domestic pump prices.

Dangote refutes NNPC's statement on refinery petrol price

"But today, for this initial 16.8 million litre that was given to us, it was at the rate of N898,”...

Mr Soneye said by the end of Saturday, at least 300 trucks will be stationed at the refinery's fuel loading...

The organisers said this year’s summit seeks to encourage greater high-level commitment to addressing challenges facing Africa’s food systems.

The experts said the cost of crude oil refining, and other factors will still influence the final price of petroleum...

The government said this initiative marks a significant milestone in Nigeria's journey towards energy self-sufficiency and economic growth.

“Our businesses and citizens are under massive pressure from rising costs, inflation, and a struggling economy.”

CBN outlined that acquirers must now route all PoS transactions from merchant and agent locations through a CBN-licensed PTSA.

As of the end of the last financial year, he held 20.1 million shares directly in Neimeth and 450 million...

The development is coming months after NERC barred NBET from entering into new electricity

The summit, themed “Collaborative Action for Growth, Competitiveness, and Stability”, is set to bring together key stakeholders from both public...

The agreements commit both countries to collaboration in critical sectors, including governance, climate change, education, health, and the economy.

The market capitalisation, having opened at N55.576 trillion, added N178 billion or 0.32 per cent to close at N55.754 trillion.

The rename was done via a special resolution dated 11 June 2024 by the board of the company.

GTCO's net profit margin for the period stood at 65 per cent, compared to 41.7 per cent in the same...

“The appointment of Chukwuma Nweke underlines once again, UBA’s commitment to upholding the highest governance and operational leadership,” said Chairperson...

The funds raised from this dollar bond will be directed toward critical infrastructure projects and development programmes.

FBN Holdings also listed its other entities and businesses not included in the sale.

Mr Elumelu emphasised that without reliable electricity, Nigeria’s industrial and social development would remain constrained.

This comes months after the Senate ordered the recovery of N10 billion spent on NIPOST subsidiaries and the CAC wound...

This move, he said, will significantly reduce the tax pressure on households.

This is not a buy, sell or hold recommendation but a stock investment guide.

Finance minister Wale Edun says claims by Atiku and other critics on VAT are false.

The “sale is in alignment with the company’s strategy to optimise its portfolio within the group,” FBN Holdings said.