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Category: Business

In Renewed Commitment to Nigeria’s Energy Sector, Shell Confirms Investment in Bonga North Deep-water Project
BusinessNews

In Renewed Commitment to Nigeria’s Energy Sector, Shell Confirms Investment in Bonga North Deep-water Project

NEWS BAR NGJune 19, 2025June 19, 2025

In a renewed commitment to Nigeria’s energy sector, Shell Nigeria Exploration and Production Company has confirmed its capital investment in…

BusinessNews

China Grants Full Tariff Exemption to African Nations in Landmark Trade Initiative

NEWS BAR NGJune 17, 2025June 18, 2025

Esther Salifu In a transformative move to bolster economic ties with Africa, China has announced the elimination of all tariffs…

Dangote Fulfills Pledge to ‘Shakedown’ Downstream Sector, Set to Begin Fuel Distribution Nationwide
BusinessNews

Dangote Fulfills Pledge to ‘Shakedown’ Downstream Sector, Set to Begin Fuel Distribution Nationwide

NEWS BAR NGJune 16, 2025June 16, 2025

Africa’s richest man, Aliko Dangote yesterday fulfilled a promise to significantly ‘shakedown’ the downstream petroleum sector, with the company announcing…

Regulatory Forbearance: CBN Directs First Bank, Others to Suspend Dividend Payments, Bonuses
BusinessNews

Regulatory Forbearance: CBN Directs First Bank, Others to Suspend Dividend Payments, Bonuses

NEWS BAR NGJune 15, 2025June 15, 2025

The Central Bank of Nigeria (CBN) has directed First Bank and other banks under regulatory forbearance to temporarily suspend dividend…

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…

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