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…
Category: Business
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…
BPP is committed to handling all procurement processes, set to partner with EFCC
Bukola Afeni The Director General, Bureau of Public Procurement(BPP) Mamman Ahmadu FNIQS said the Bureau’s officers are very committed in…
Aviation Stakeholders Fret over Recent Aircraft Incidents across the Country
Aviation industry stakeholders have expressed deep concern over the many aircraft incidents in recent time, insisting that the development is…
Naira Continues to Weaken against Dollar, Official Window N1,520.40/$1, Parallel Market N1,535/$1
The Naira yesterday continued to decline at both the official window and the parallel market, closing at N1,520.40/$1, a N42.29…
In FT Interview, Cardoso Says Investors Getting Comfortable with Nigeria’s FX Market
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has said investors have become more comfortable with…
Oyedele: Presidential Committee Proposes Exemption of 95% of Informal Sector from Taxes
The Presidential Fiscal Policy and Tax Reforms Committee (PFPTRC) set up early this year by President Bola Tinubu has hinted…
Standard Bank Report Predicts $5.1bn Capital Inflows in Second Half of 2024
*Foresees exchange rate to settle at N1,219.32/$ *Says heightened geopolitical uncertainties may reduce foreign portfolio inflows *RenCap estimates N4.1tn additional…