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Category: Business

NUPRC to Raise Nigeria’s Active Oil Rigs to 50 by End of 2025, Says Komolafe
BusinessNews

NUPRC to Raise Nigeria’s Active Oil Rigs to 50 by End of 2025, Says Komolafe

NEWS BAR NGMay 15, 2025May 15, 2025

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed plans to raise the active oil rigs in Nigeria’s petroleum sector…

Engineers are Key to National Development, Says Shettima at NIMechE Distinguished Lecture
BusinessNews

Engineers are Key to National Development, Says Shettima at NIMechE Distinguished Lecture

NEWS BAR NGMay 14, 2025May 15, 2025

Esther Salifu Vice President Kashim Shettima has emphasized the critical role of mechanical engineers in shaping Nigeria’s development, calling them…

Ojulari: NNPC to Resume Drilling in Kolmani Field, Issues with Dangote Refinery Resolved
BusinessNews

Ojulari: NNPC to Resume Drilling in Kolmani Field, Issues with Dangote Refinery Resolved

NEWS BAR NGMay 13, 2025May 13, 2025

Contrary to insinuations that Nigerian National Petroleum Company Limited (NNPC) had halted the exploration of crude oil in the northern…

AGRA, Nestlé,  TechnoServe Unveils  Landmark Climate-Smart Project to Empower 25,000  Farmers
BusinessNews

AGRA, Nestlé,  TechnoServe Unveils  Landmark Climate-Smart Project to Empower 25,000  Farmers

NEWS BAR NGMay 12, 2025May 12, 2025

The Agriculture Development Agency (AGRA), Nestlé Nigeria, and TechnoServe, have launched a programme – “Strengthening Farmers’ and SMEs’ Resilience through…

Tony Elumelu receives prestigious award from Gabonese President for Championing African Development
BusinessNews

Tony Elumelu receives prestigious award from Gabonese President for Championing African Development

NEWS BAR NGMay 6, 2025May 6, 2025

Bukola Afeni The Founder of the Tony Elumelu Foundation and the Group Chairman, United Bank For Africa Plc, Mr. Tony…

Zenith Bank, Nine Others Begin 2025 on Positive Momentum, Report N1.83 Trillion Profit in Q1
BusinessNews

Zenith Bank, Nine Others Begin 2025 on Positive Momentum, Report N1.83 Trillion Profit in Q1

NEWS BAR NGMay 4, 2025May 4, 2025

Zenith Bank Plc and nine other Deposit Money Banks (DMBs) commenced 2025 on a positive momentum, generating an estimated N1.83…

CBN Grows Operating Income to N15.23 Trillion, Assets Hit N117.60 Trillion in 2024
BusinessNews

CBN Grows Operating Income to N15.23 Trillion, Assets Hit N117.60 Trillion in 2024

NEWS BAR NGMay 3, 2025May 3, 2025

*Records N38.8bn profit, recovers from N1.15tn loss in 2023 *Court refuses to stop apex bank E-naira trademark usage The Central…

Fashion Fiesta: Delphino Runway Showcase lights up Abuja
BusinessNews

Fashion Fiesta: Delphino Runway Showcase lights up Abuja

NEWS BAR NGMay 1, 2025May 1, 2025

Bukola Afeni Delphino Runway lit up the city  of Abuja with glitz, glamour, and creativity and fashion excellence on April…

REA Signs Deals with 8 Renewable Energy Firms to Expand Energy Access
BusinessNews

REA Signs Deals with 8 Renewable Energy Firms to Expand Energy Access

NEWS BAR NGApril 29, 2025April 29, 2025

The Rural Electrification Agency (REA)  yesterday held the first grant signing ceremony under the World Bank-funded Distributed Access through Renewable…

Seplat’s Revenue Hits N1.2 Trillion, Gross Profit Rises to N535bn in Q1
BusinessNews

Seplat’s Revenue Hits N1.2 Trillion, Gross Profit Rises to N535bn in Q1

NEWS BAR NGApril 29, 2025April 29, 2025

Seplat Energy Plc, yesterday announced its audited results for the three months ended March 31, 2025, recording a revenue of…

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