The Dangote Petroleum Refinery is awaiting up to 12 million barrels of crude oil from the United States. The refinery resorted to crude importation as local supply challenges hindered the …
Business
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BusinessNews
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Borno State Governor, Professor Babagana Umara Zulum, has called for the strengthening of cross-border trade between Nigeria and the Republic of Cameroon, highlighting its role in fostering greater unity and …
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The World Bank and the International Monetary Fund (IMF) have called on the Central Bank of Nigeria (CBN) to remain steadfast in controlling inflation. Nigeria’s inflation rate increased to 34.8 …
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Nigeria’s telecommunications industry faced a tough year in 2023, as operating costs for telecom companies skyrocketed by 50.92%, rising from ₦2.09 trillion in 2022 to ₦3.16 trillion. This sharp increase …
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Governor Ahmad Aliyu of Sokoto State has commiserated with the victims of the unfortunate inferno at the Kara market timber shade that destroyed property worth millions of Naira. The Governor, …
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The Nigerian Shippers’ Council (NSC) has unveiled plans to implement the International Cargo Tracking Note (ICTN) by the second quarter of 2025 under the Federal Ministry of Marine and Blue …
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U.S. President Donald Trump told the World Economic Forum on Thursday that businesses should make their products in the United States if they want to avoid facing a tariff. Appearing …
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The Nigerian Economic Summit Group has revealed that the country has the potential to record 5.5 per cent growth in the Gross Domestic Product on the back of sustained reforms. …
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A 43-year-old man, Sunday Ozimede, has been arraigned before the Federal High Court in Lagos State for allegedly hacking into Moniepoint Microfinance Bank’s vault and stealing N1.1 billion. Ozimede is …
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Nigeria’s total public debt rose to N142.3 trillion as of September 30, 2024, representing an increase of 5.97% (N8.02 trillion) compared to N134.3 trillion in June 2024. This is according …