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THE price of Liquefied Petroleum Gas, LPG, otherwise known as cooking gas has risen to N14,150 for 12.5kg cyclinder, about 38 per cent Year-on-Year, YoY, against N10, 323.33 it sold…
The Federal Government, on Sunday, announced that testing has commenced on the 700 megawatts Zungeru Hydroelectric Power Plant ahead of the evaluation of electricity from the facility to the national…
The Edo Refinery has received a total of 15,000 barrels of crude oil in 2024 for production from the Oza Oil Field operated by Decklar Resources Inc. and its co-venturer,…
The Lekki Deep Seaport LFTZ Enterprises Limited has revealed impressive statistics, stating that the port received 75 vessels, including Nigeria’s first LNG-powered vessel and the largest ship ever to navigate…
Foreign portfolio investor asset purchases exceeded $1 billion in February, bringing total receipts so far this year to at least $2.3 billion, Hakama Sidi Ali, a spokeswoman for the central…
Nigerian banks have begun a keen struggle for the survival of the fittest in their different categories, as they strive to raise their respective capital base in line with the…
Okomu Oil Palm Company Plc has reported a pre-tax profit of N33.84 billion in FY 2023, representing a 44% growth from N23.52 billion in FY 2022. According to the group’s…
Banks in the country face the fresh hurdle to raise their minimum capital requirements to N500 billion and N200 billion for their International and national operations, the Central Bank of…
Nigeria’s Dangote oil refinery is poised to slash the annual $17 billion gasoline importation from Europe to Africa, placing additional stress on European refineries threatened by rising competitive forces. A…
President Bola Tinubu has urged Nigerians to support locally-made products to bolster the value of the naira, as the government intensifies efforts to curb foreign exchange speculation and stabilize the…