Business News

Oil marketers have differing views about the Dangote Petroleum Refinery's latest requirement that dealers pay in advance before removing products from the refinery in Lekki. NNPC Group CEO Mele Kyari,...

The Association of Distributors and Transporters of Petroleum Products has condemned the arbitrary charges that different unions have placed on its members, especially at the depots. During a walk in...

To promote equitable economic growth in the nation, the Federal Government increased the amount of single-digit loans available to small enterprises to N5 million. The statement was made on Friday...

A licence to build a new refinery has been approved by the Federal Government through the Nigerian Midstream and Downstream Petroleum Regulatory Authority. A company called Process Design and Development...

Through the Nigerian Electricity Regulatory Commission, the Federal Government has announced that, before the year is out, it will spend almost N2.4 trillion on power subsidies. This was revealed by...

Oil marketers have demanded that the Eleme road connecting to the refinery be completed as soon as possible after operations at the Port Harcourt refinery began. Under the auspices of...

Nigeria has enough water resources, according to the Federal Government, to produce 14,000 megawatts of power. This was said during the signing of a memorandum of understanding for sustainable development between...

The Federal Government has acknowledged that it spent N8.8 billion in 2024 to restore and rebuild transmission towers vandalised in different parts of the country. Ahmed Abdulaziz, the Managing Director...

The Port Harcourt refinery has finally started producing fuel after multiple delays. This was revealed on Tuesday by Olufemi Soneye, the spokesperson for the Nigerian National Petroleum Company Limited. He confirmed...

Dangote Cement Plc has declared its intention to offer its Series I bonds as part of its multi-instrument issuance program worth N300 billion. The business recently released a statement that...