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NNPCL supported Dangote refinery establishment with $1bn loan – Official
The Nigerian National Petroleum Company Limited has said it secured a $1bn loan backed by crude oil to support the ...World Bank plans $1.65bn loans for Nigeria next year
The World Bank is set to decide on three major loan projects for Nigeria in 2025, totalling $1.65bn, as part ...EFCC re-arraigns defunct Bank PHD ex-MD, Francis Atuche, others for forgery
The Lagos Zonal Directorate of the Economic and Financial Crimes Commission on Monday re-arraigned a former Managing Director of the ...Dangote refinery extends export to three African countries
The Dangote refinery has exported Premium Motor Spirit (petrol) to Cameroon, Angola, Ghana, and South Africa in the past few ...N2.7tn debt: Nationwide electricity blackout imminent as gas producers cut supply to Gencos
Wholesale gas-producing companies have stopped the supply of natural gas to power generation companies for electricity production over the non-payment ...Cocoa price hits N15m per ton, says CRIN ED
The Executive Director, Cocoa Research Institute of Nigeria (CRIN), Ibadan, Dr Patrick Adebola, has said that the price of cocoa ...National grid collapses again for 12th time in 2024
Nigerians were on Wednesday plunged into darkness following another collapse of the national power grid. A tweet via the official ...OPEC appoints Ademola Adeyemi-Bero as chairman board of governors for 2025
The Organisation of the Petroleum Exporting Countries (OPEC) has appointed Ademola Adeyemi-Bero as the chairman of its board of governors ...Nigerians groan as cash scarcity compounds hardship
A resurgence of widespread and intense cash rationing by banks have compounded the severe economic challenges confronting Nigerians driven by ...Nigeria far from fighting institutional corruption –World Bank
The World Bank and other stakeholders have urged the government to fight institutional corruption as it is the only guarantee ...