In Bid to Bolster Economic Reforms, Support Businesses, Edun Presents Stabilisation Plan to Tinubu
The Minister of Finance and Coordinating Minister of the Economy , Mr. Wale Edun has presented the Accelerated Stabilisation and…
Category: Business
Dangote Eyes $30 Billion in Total Revenue from His Businesses by End of 2024
Founder of the Dangote Group and Africa’s richest person, Alhaji Aliko Dangote, has disclosed that by the end of 2024…
Flour Mills of Nigeria Records 49% Rise in Revenue to N2.3tn
Flour Mills of Nigeria Plc (FMN), a food and agro-allied company has recorded 49 per cent increase in revenue to…
Dangote: Those Benefitting from Massive Fuel Imports Discouraging Construction of Refineries
Africa’s richest person and Chairman of the 650, 000 bpd Dangote Refinery near Lekki, Lagos state, Aliko Dangote, has argued…
After Diesel Exports, Dangote’s $20 Billion Refinery Ships First Jet Fuel Cargo To Europe
* Anticipates curbed naphtha flows in push for petrol productionNigeria’s Dangote refinery, located in the outskirts of Lagos, has exported its…
NNPCL, ExxonMobil Reach Settlement Agreement on $1.28bn Oil Assets’ Divestment, Deal Nears Completion
Nigerian National Petroleum Company Limited (NNPCL) and ExxonMobil, finally, agreed on a settlement deal yesterday for the $1.28 billion assets’…
Dangote Refinery Mulls Lagos, London Stock Exchange Listings
The Dangote refinery is aiming for a dual listing on the London and Lagos bourses, a senior executive at the…
Dangote Refinery to Begin Export of 10ppm Diesel in June, Gets NMDPRA’s Approval to Refine Petrol
Nigeria’s 650,000 barrels per day Dangote refinery will start exporting diesel conforming to European specifications along with gasoline (petrol) sales…
Buoyed by 93.62% Non-oil Contribution, GDP Grew by 2.98% in Quarter 1
*Oil sector contributed 6.38%, production rose to 1.57mbpd Nigeria’s Gross Domestic Product (GDP) growth rate slowed to 2.98 per cent,…
Naira Appreciates on Official, Parallel FX Mkts Ahead of MPC Meeting
The naira appreciated by N90 on the parallel segment of the foreign exchange (FX) market yesterday, as it closed at…