Business
Naira Holds at N1600 as Dollar Weakens Globally
The Nigerian naira continued to trade around N1600 to the dollar in official markets, while parallel market rates hovered between N1620 and N1630. Despite minor gains, the currency…
Business
Business
Walcot Group Secures Strategic Oil Blocks in Angola, Expanding Nigeria’s Energy Footprint
In a significant move for Nigeria’s energy sector, Walcot Group has successfully acquired rights to three oil blocks in Angola, marking a pivotal step in its pan-African expansion…
Business
Nigeria Becomes 77th Shareholder of European Bank for Reconstruction and Development
Nigeria has officially joined the European Bank for Reconstruction and Development (EBRD) as its 77th shareholder, marking a significant step in its economic development strategy. The country applied…
Business
Guinness Nigeria Posts N20.1 Billion Pre-Tax Profit in Q2 2024
Guinness Nigeria Plc has reported a pre-tax profit of ₦20.1 billion for the second quarter ending December 31, 2024, marking a remarkable turnaround from the ₦8.2 billion loss…
Business
Tajudeen Abbas: The Golden Underdog from Zazzau – Our Legislator of the Year 2024 (National Category)
By Dayo Israel, National Youth Leader, All Progressives Congress (APC) “Excuse me, excuse me,” said Senator Abdullahi Adamu, our then National Chairman. “Please stop calling him ‘Mr. Speaker’—he…
Business
Dangote Refinery Clarifies NNPCL Partnership, Refutes Liquidity Challenge Claims
The Dangote Petroleum Refinery has addressed reports about its partnership with the Nigerian National Petroleum Company Limited (NNPCL), clarifying the terms of a 20% equity stake sale valued…
Business
NNPC Confirms Port Harcourt Refinery Operations Are Active
The Nigerian National Petroleum Company Limited (NNPC Ltd) has affirmed that the Old Port Harcourt Refinery is operational, with loading activities in progress. Group Chief Executive Officer, Mele…