Business

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Dealers, others frustrated plans to slash cement price – BUA Chair

Dealers, others frustrated plans to slash cement price – BUA Chair

Abdul Samad Rabiu, chairman of BUA Cement, says his company’s intention to slash the price of cement from N4,500 to…
Electricity: Nigeria’s Discos generate N3.95tn as revenue in five years

Electricity: Nigeria’s Discos generate N3.95tn as revenue in five years

Nigeria’s electricity distribution companies collectively generated about N3.95 trillion in revenue between 2019 and the first quarter of 2024. This…
How IPPG declines sale of 460,000bpd crude to Dangote refinery

How IPPG declines sale of 460,000bpd crude to Dangote refinery

Oil producers, under the aegis of the Independent Petroleum Producers Group, have warned against being forced to sell crude oil…
Five banks budget $1.20bn for cybersecurity

Five banks budget $1.20bn for cybersecurity

Financial institutions that have started raising capital have stated that they will allocate $1.20bn from the proceeds to invest in…
Prices of Garri, Fufu, and others drop as Nigeria’s food inflation falls – NBS

Prices of Garri, Fufu, and others drop as Nigeria’s food inflation falls – NBS

The reduction in the prices of Garri, Akpu(fufu), milk, and other items pushed Nigeria’s food inflation to fall by 39.53…
Crude sales in Naira to Dangote Refinery, others will crash petrol price – Marketers

Crude sales in Naira to Dangote Refinery, others will crash petrol price – Marketers

Nigeria’s oil marketers have said the sale of crude oil to Dangote Refinery and other local refineries in Naira would…
IPMAN lacks power to speak for us – Dangote Refinery disowns N600/L claims

IPMAN lacks power to speak for us – Dangote Refinery disowns N600/L claims

Dangote Refinery has denied fixing the company’s petrol price. In a statement signed by Anthony Chiejina, Group Chief Branding and…
Azman Air suspends operation, orders staff to proceed on leave

Azman Air suspends operation, orders staff to proceed on leave

Nigerian airline, Azman Air has suspended operation as it told entire staff members to embark on compulsory leave without pay.…
Heritage Bank: NDIC reimburses 82.36% of customers, commences debt recovery

Heritage Bank: NDIC reimburses 82.36% of customers, commences debt recovery

The Nigeria Deposit Insurance Corporation (NDIC) said it has reimbursed 82.36 per cent of the customers of the defunct Heritage…
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