Business
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Port-Harcourt Refinery is not shut down – NNPCL
The Nigerian National Petroleum Company Limited (NNPCL) has said that the Port Harcourt Refinery is still functional. There have been…
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Port Harcourt refinery shuts down again
Less than a month after the Port Harcourt Refining Company resumed operations with fanfare, the facility is out of commission…
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Three Nigerians listed by Forbes among wealthiest black Americans
Three Nigerians have made the Forbes List of the most powerful, impactful and wealthiest Black Americans in 2024. The Nigerians…
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Dangote Refinery cuts petrol price to N899.50k/litre
Dangote Petroleum Refinery has reduced the price of Premium Motor Spirit (PMS), also known as petrol, to N899.50 per…
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Man slumps and d!es in front of a fuel station in Ogun
A 45-year-old man, Alani Rasaq, lost his life after he slumped in front of a fuel station opposite Fire…
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CBN pegs daily withdrawal on POS at N100k
The Central Bank of Nigeria (CBN) has pegged the daily withdrawals on point-of-sale (PoS) terminals at N100,000 per customer. In…
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Bill to ban use of dollars, others in Nigeria scales first reading at Senate
A bill seeking to outlaw the use of foreign currency in Nigeria has scaled first reading at the Senate. The…
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Optiva CEO honored with U.S. President’s Lifetime Achievement Award
The Chief Executive Officer of Optiva Capital Partners, Dr. Jane Kimemia, has been conferred with the U.S. President’s Lifetime Achievement…
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Billionaire Mango clothing chain founder falls of cliff, d!es
The billionaire founder of fashion chain Mango, Isak Andic, has passed away in a mountain accident. The 71-year-old businessman reportedly…
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Lagos businesswoman jailed for 17 years for N57.6m fraud
A Lagos State High Court in Ikeja has convicted and sentenced a businesswoman, Oluremi Phillips, to 17 years imprisonment for…
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Cash shortage gets worse, bank workers blame CBN
Access to Naira has continued to be a challenge for Nigerians in the last few weeks, even as the Association…
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Naira loses gains, falls to N1,745/$1 at parallel market
The Naira has lost the massive gain recorded last week as it is now trading at approximately N1,745 to a…
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Naira records gain against dollar
On Thursday, the Naira recorded a significant gain against the American dollar at the official foreign exchange market. According to…
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P’Harcourt refinery operational, but won’t reduce product prices — PENGASSAN
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has confirmed that the Port Harcourt refinery is…
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Holcim announces plan to exit Nigeria after selling 83% stake in Lafarge
Swiss building materials giant, Holcim, has announced its decision to sell its Nigerian business to Huaxin Cement Ltd., a Chinese…
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