Business

The Onne Multipurpose Terminal (OMT) has recorded a significant achievement with the arrival of MSC Dorine V, the first vessel under MSC’s Iroko Service to sail directly from China and …

Four years into the federal government’s “Decade of Gas” initiative, Nigeria’s ambition to become a gas-powered economy by 2030 is far from being realised. Despite vast reserves, weak policy execution, …

A new World Bank report has revealed that less than half of Nigeria’s social safety-net benefits reach poor citizens despite billions spent annually on welfare programmes. According to the report …

The Central Bank of Nigeria (CBN) and the Federal Ministry of Finance have rolled out a new economic initiative called the Dis-Inflation and Growth Acceleration Strategy (DGAS). This plan aims …

Nigeria’s gross profit from crude oil and gas sales fell sharply by N824.66 billion in 2024, even as total oil revenue and production increased, according to the Budget Implementation Report …

Thyssenkrupp Uhde Fertilizer Technology (UFT), a subsidiary of thyssenkrupp Uhde, has entered into a strategic agreement with Dangote Fertiliser Limited (DFL) to license its advanced UFT Fluid Bed Granulation Technology …

As part of its strategies to boost market share and deepen customers’ loyalty, the Pan-African Conglomerate, Dangote Industries Limited (DIL) and companies under the Group are set to headline the …

The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has stated that Small and Medium Enterprises will pay less tax in January 2026 when the new …

Industrialists from Northern Nigeria have welcomed the Federal Government’s decision to impose a 15 per cent import duty on petroleum products, noting that the measure is a strategic move aimed …

As part of its bold moves aimed at reducing greenhouse gas emissions and improving energy security, Africa’s leading cement manufacturer, Dangote Cement Plc has disclosed it has so far co-processed over …