Business News

Oil marketers have welcomed the resumption of operations at the Port Harcourt Refinery, which had been dormant for years, costing Nigeria billions of dollars in foreign exchange. The Nigerian National...

The Nigerian National Petroleum Company Limited confirmed this to our correspondent on Tuesday. Despite previous delays, the Port Harcourt refinery has successfully initiated fuel production operations. NNPC spokesperson, Olufemi Soneye,...

On Sunday, Dangote Refinery announced that it had reduced the wholesale price of petrol to N970 per liter for marketers, signifying a decrease from the previous price of N990 per...

The naira broke through the N2,180 barrier and began Thursday’s session at the lower end of its range against the British pound sterling. The pound was trading at N2,188/£1 on...

The Osun State Government has initiated legal suit seeking damages of three billion naira against MTN Nigeria Communications PLC, a prominent telecommunications company, on grounds of alleged defamation. The state...

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has finally agreed in a new agreement with Dangote Refinery to supply 60 million litres of Premium Motor Spirit (PMS), commonly known...

The Federal Government has highlighted 10 ongoing projects in Niger State issuing ultimatum to contractors handling the construction to move to site without further delay and ensure quality and speedy...