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Banks place Nestoil under receivership over $1bn debt
Police have sealed off the corporate headquarters of Nestoil Limited in Victoria Island, Lagos, after the company was placed under ...NNPC will revamp existing downstream infrastructure – Ojulari
Bayo Ojulari, group chief executive officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, says the company will revamp ...Transcorp Group delivers strong growth across business lines in Q3 2025
The Transnational Corporation Plc, Transcorp Group or the Company, Africa’s leading listed conglomerate, has announced its unaudited Q3 2025 ...UBA’s final business series for 2025 holds November 6
Africa’s Global Bank, United Bank for Africa (UBA) Plc, is set to host another impactful edition of its quarterly UBA ...CBN pumps $1.25bn into fuel import, others
The Central Bank of Nigeria has released a total sum of $1.259bn to oil sector players for the importation of ...NRC: Warri-Itakpe train service resumes October 29
The Nigerian Railway Corporation (NRC) says the Warri-Itakpe train service will resume operations on Wednesday, October 29, after a temporary ...Nigeria’s crypto transactions hit $50bn in one year – SEC
The Securities and Exchange Commission (SEC) says Nigeria’s cryptocurrency market has recorded $50 billion in transactions between July 2023 and ...Govt introduce law mandating public officials to fly Nigerian airlines on international routes
Festus Keyamo, minister of aviation and aerospace development, has proposed a bill, “Fly Nigerian Act”, that will mandate government officials ...Dangote Refinery plans refining capacity increase to 1.4 millions barrels per day
The Dangote Refinery has said it plans to expand its crude oil refining capacity from 650,000 barrels per day ...World Bank to invest $14bn in agric
The World Bank plans to deploy as much as $14 bn to boost global agribusiness by 2030 through a new ...
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