Dangote Refinery petrol unit offline amid catalyst leaks, repairs to last two weeks
The petrol-producing unit at Nigeria’s 650,000 barrel-per-day Dangote refinery has been taken offline due to catalyst leaks and other technical issues. The repa...
Business & Money · Page 53
Nigerian Govt issues regulations for digital money lenders, defaulters to get N100m fine
The Nigerian government has unveiled the Electronic, Online, or Non-Traditional Consumer Lending Regulations (Consumer Lending Regulation) 2025, which addresses...
Small business owners accuse Nigerian Govt of deception over unpaid MSME grants
Small business owners and artisans who showcased their products at the 8th National MSME Clinic in Calabar have accused the Federal Government of failing to rel...
WFP: US releases $32.5m to provide food for 764,205 IDPs in Nigeria
The United States has approved the release of $32.5 million in funding to the World Food Programme, WFP, Nigeria. The US embassy in Nigeria disclosed this in a...
NMDPRA holds publich hearing with three states to be linked by gas pipeline
The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has held a public hearing in Abia State on the application submitted by a company...
Price of CNG increases in Nigeria as marketers give reasons
More worries for Nigerians as prices of Compressed Natural Gas have increased across filling stations in the country. Taofeek Lawal, the spokesperson of NIPCO,...
BPE to list two Discos, GenCo in NGX, privatise 91 FG assets
The Bureau of Public Enterprise has announced a plan to list two electricity distribution companies and one generation company on Nigerian Exchange Limited. Thi...
Price of cooking gas reduces in Nigeria
The average price of Liquefied Petroleum Gas, known as cooking gas, has dropped on a month-on-month basis. This is the case, as the price of 12.5 kilogrammes of...
NNPCL seals partnership with Nigerian firms on contracts for petroleum licences
Nigerian National Petroleum Company Limited has secured a partnership with Nigerian private oil and gas firms on a production sharing contract for petroleum pro...
Titan Trust ceases operation after Union Bank merger
Nigeria’s commercial bank, Titan Trust Bank, has been absorbed into Union Bank. The merger was announced on Monday in a statement by the bank’s Head of Brand an...
Tinubu’s economic policies tough but necessary – MAN
Manufacturers Association of Nigeria, MAN, has stated that even though the current economic policies of President Bola Tinubu’s administration have brought toug...
Nigerian bank recapitalisation: GTCO increases GTBank’s paid-up capital to N504bn
Guaranty Trust Holding Company has announced that it has increased its investment in its banking subsidiary, Guaranty Trust Bank Limited (“GTBank”), to N504 bil...