Business
PETROAN Orders Nationwide Meter Checks Over Fuel Under-Dispensing
The Petroleum Products Retail Outlets Association of Nigeria (PETROAN) has directed its members across the country to immediately inspect their fuel dispensing […]
Category: Business
Business
TotalEnergies, AMNI Move Ahead With Ima Gas Field Development
TotalEnergies and its Nigerian partner, AMNI, have taken the Final Investment Decision (FID) to develop the Ima offshore gas field in Nigeria, […]
Business
China Accelerates AI Infrastructure Buildout as US Competition Intensifies
China is rapidly expanding its artificial intelligence infrastructure as competition with the United States intensifies, with Beijing investing heavily in data centres, […]
Business
BREAKING: CBN Cuts Interest Rate to 23% From 26.5%
The Central Bank of Nigeria (CBN) has cut its benchmark interest rate from 26.5 per cent to 23 per cent, marking […]
Business
Afreximbank, ATDC Sign $500m Deal to Boost Intra-African Trade
The African Export-Import Bank (Afreximbank) and the Africa Trading and Distribution Company (ATDC) have signed a US$500 million Global Credit Facility aimed […]
Business
Dangote Plans Over $10bn Power Investment to Tackle Africa’s Electricity Crisis
President of the Dangote Group, Aliko Dangote, has announced plans to invest more than $10 billion in Africa’s power sector, saying the […]
Business
Dangote Refinery Opens N2.15tn IPO at N525 Per Share
The Dangote Petroleum Refinery has officially opened its much-anticipated Initial Public Offering, IPO, giving Nigerians and other investors the opportunity to own […]
Business
US IRAN WAR: Oil Prices Surge Past $108 as Saudi Pipeline Shutdown Threatens Global Supply
Global oil prices surged on Monday after Saudi Arabia shut down a major crude pipeline following drone attacks, while fresh strikes and […]
Business
Dangote: N100,000 Refinery Investment Could Turn Investors Into Millionaires
Aliko Dangote, President of Dangote Industries Limited, has said investors who buy shares in his petroleum refinery could potentially make significant gains […]
Business
Dangote Refinery IPO Gets Global Backing as Africa Eyes Wider Ownership
The planned initial public offering of Dangote Petroleum Refinery and Petrochemicals is receiving growing international attention, with prominent business and political leaders […]