Business
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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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NNPCL reduces petrol price to ₦1,030/L for marketers
The Nigerian National Petroleum Company Limited (NNPCL) has announced a reduction in the price of Premium Motor Spirit (PMS) from…
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Port Harcourt Refinery halts operations days after resumption
The Port Harcourt Refining Company (PHRC) has unexpectedly ceased crude oil processing, just three days after the Nigerian National Petroleum…
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Products lifted from P’Harcourt refinery on Tuesday were not newly refined- Host community
A pall of doubt has been cast on the claims made by the Nigerian National Petroleum Company Limited (NNPCL) on…
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Former Bank of China Chairman get suspended death sentence for corruption
The former chairman of the Bank of China, Liu Liange, has been handed a suspended death sentence with a two-year…
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Port Harcourt refinery dispatches 1st batch of petroleum products today (video)
The Port Harcourt Refinery is set to dispatch its first batch of petroleum today, Tuesday, November 26, 2024 after it…
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Dangote refinery slashes petrol price to ₦970
The Dangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS), better known as…
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