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Category: Business

BusinessNews

Dangote Refinery receives another one million barrels of crude

NEWS BAR NGJanuary 6, 2024

  Dangote Petroleum Refinery, on Thursday, received the fifth crude oil shipment of one million barrels of Bonny Light supplied…

FG will set policies that will transform energy sector
BusinessNews

FG will set policies that will transform energy sector

NEWS BAR NGJanuary 5, 2024January 6, 2024

Victoria Mgbanwa The Special  adviser to President Bola Tinubu on energy, Olu Verheijen, said the Federal Government will set policies…

BusinessNews

NNPC, IPMAN: We Have No Plan to Increase Petrol Prices

NEWS BAR NGJanuary 4, 2024

    •Independent marketers say members unaware of savings from subsidy removal   •Plan own refineries in Lagos, Calabar  …

World Bank says 17.5 Nigerians will benefit from renewable energy project
BusinessNews

World Bank says 17.5 Nigerians will benefit from renewable energy project

NEWS BAR NGDecember 18, 2023

Victoria Mgbamwa The World Bank has revealed that 17.5 million poor Nigerians are expected to benefit from the World Bank…

321,867 SMEs get $1.4bn funding in six years – W’Bank
BusinessNews

321,867 SMEs get $1.4bn funding in six years – W’Bank

NEWS BAR NGDecember 10, 2023

No fewer than 321,867 Micro Medium and Small enterprises have enjoyed wholesale funding of $1.4bn in six years, the World Bank…

Dangote Set to Flood African Market with Refined Petroleum Products, Sending Jitters
BusinessNews

Dangote Set to Flood African Market with Refined Petroleum Products, Sending Jitters

NEWS BAR NGDecember 9, 2023

  • Company says NNPC to supply next four cargoes in three weeks • Final shipment to come from ExxonMobil.…

CBN to Freeze Bank Accounts without BVN, NIN from March 2024
BusinessNews

CBN to Freeze Bank Accounts without BVN, NIN from March 2024

NEWS BAR NGDecember 2, 2023

  The Central Bank of Nigeria (CBN) yesterday said it has become mandatory for all Tier-1 bank accounts and wallets…

AfCFTA, UBA sign $6bn MoU to fund SMEs
BusinessNews

AfCFTA, UBA sign $6bn MoU to fund SMEs

NEWS BAR NGDecember 2, 2023December 2, 2023

  One of Nigeria’s Tier One Lenders, United Bank for Africa says it has signed a $6bn Memorandum of Understanding…

FCT Minister announces reduction of (C-of-Os) fee
BusinessNews

FCT Minister announces reduction of (C-of-Os) fee

NEWS BAR NGNovember 25, 2023

Wunmi Semudara The Minister of the Federal Capital Territory, Nyesom Wike, has announced a cut back of about 3.5million from…

36 states, FCT, has outstanding liability of N1.72TN
BusinessFinanceNews

36 states, FCT, has outstanding liability of N1.72TN

NEWS BAR NGNovember 25, 2023November 25, 2023

Wunmi Semudara The  state house in the aftermath of the National Economic Council, has revealed that thirty-six states of the…

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