Dangote stated this at a tour of the Refinery complex by the Zambia government delegation, led by the country’s minister of Energy, Makozo Chikote held at the weekend. Dangote disclosed that the oil r...
He also called for massive investment in oil and gas to power the country’s industries and ensure energy security.Elumelu spoke on the sidelines of the Heirs Energies Leadership Forum 2025, with the t...
Analysis of the CBN data showed that a significant portion of the N5.24 trillion, N4.74 trillion, or 90.4 per cent, was held outside the banking system, reflecting the continued dominance of cash tran...
The African Development Bank (AfDB), in its 2025 Macroeconomic Performance and Outlook (MEO) report has revealed that Africa’s economic performance is showing signs of improvement but remains vulnerab...
The steady appreciation of the naira was as a result of about $8 billion the federal government spent to keep it up to its current levels, Bismarck Rewane, the MD/CEO of Lagos-based Financial Derivati...
The stock market has been on the uptrend for the fifth consecutive week and this movement was driven by investors taking positions for portfolio rebalancing, prompted by pressured sell-offs across var...
Singapore-listed Olam Group on Feb 24 said it will sell a 44.58 per cent stake in its agricultural products business Olam Agri for US$1.78 billion (S$2.35 billion) to Saudi Agricultural and Livestock ...
The Centre for the Promotion of Private Enterprise (CPPE) has commended the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) for its decision to pause rate hikes. Dr. Muda Yusuf, C...
Nigeria has become notorious for serial building collapses to the extend that virtually no month elapses without one incident of collapse structure or the other with the associated loss of lives and p...
The Director-General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, has urged members of the global trade body to use the platform for dialogue and to engage on the issues contributin...
