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Category: Business

At $78.50/Barrel, Oil Price Climbs Above Nigeria’s Budget Benchmark
BusinessNews

At $78.50/Barrel, Oil Price Climbs Above Nigeria’s Budget Benchmark

NEWS BAR NGJune 14, 2025June 14, 2025

*Israel, Iran conflict escalates *JP Morgan sees $130/barrel in worst-case scenario Oil price yesterday experienced its fastest one-day jump in…

In First Move Toward Openness, Ojulari-led NNPC Releases Company’s Operational Data for April
BusinessNews

In First Move Toward Openness, Ojulari-led NNPC Releases Company’s Operational Data for April

NEWS BAR NGJune 13, 2025

n what appears to be a renewed move at transparent operations, the Nigerian National Petroleum Company Limited (NNPC) yesterday released…

Recapitalisation: Banks in Race to Scale CBN’s Hurdle
BusinessNews

Recapitalisation: Banks in Race to Scale CBN’s Hurdle

NEWS BAR NGJune 7, 2025June 7, 2025

*Apex bank upbeat With exactly 296 days to the March 31, 2026, deadline set by the Central Bank of Nigeria…

Zenith Bank wins Global Finance’s “Best Bank in Nigeria” Award for 2025
BusinessNews

Zenith Bank wins Global Finance’s “Best Bank in Nigeria” Award for 2025

NEWS BAR NGJune 6, 2025June 13, 2025

Bukola Afeni Zenith Bank Plc has once again recognized as a leader in Nigeria’s financial services sector, having been named…

BusinessNews

Alumnus Donates N500m to Alma Mater

NEWS BAR NGJune 5, 2025June 5, 2025

Victoria Mbangwa A former law student of Olabisi Onabanjo University (OOU), Mr. Olufemi Okenla, has donated a total of N500…

Oando Secures $375m AfreximbankFacility to Power Upstream Growth
BusinessNews

Oando Secures $375m AfreximbankFacility to Power Upstream Growth

NEWS BAR NGJune 5, 2025June 5, 2025

OandoPlc, one of Nigeria’s leading indigenous energy solutions companies with primary and secondary listings on the Nigerian and Johannesburg Stock…

NCS Suspends Planned Grounding of Private Jets over Import Duty Debts
BusinessNews

NCS Suspends Planned Grounding of Private Jets over Import Duty Debts

NEWS BAR NGJune 5, 2025June 5, 2025

The Nigeria Customs Service (NCS) has suspended the grounding of about 60 foreign registered private jets operating in the country…

We’ve Negotiated 300% Pay Rise for Members, Says PENGASAN
BusinessNews

We’ve Negotiated 300% Pay Rise for Members, Says PENGASAN

NEWS BAR NGJune 3, 2025June 3, 2025

The leadership of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASAN) said it has been able to…

Niger Wants Dangote Group’s Partnership to Unlock Crude Oil Potential
BusinessNews

Niger Wants Dangote Group’s Partnership to Unlock Crude Oil Potential

NEWS BAR NGJune 2, 2025June 2, 2025

With its proven expertise in the energy sector, the Dangote Group is well-positioned to contribute significantly to the exploration and…

TotalEnergies Strikes Deal to Sell Interest in Bonga Oilfield for $510m
BusinessNews

TotalEnergies Strikes Deal to Sell Interest in Bonga Oilfield for $510m

NEWS BAR NGMay 30, 2025May 30, 2025

French oil major, TotalEnergies, yesterday announced plans to sell its participation in the Bonga oilfield to a subsidiary of Shell…

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