Business
Latest Business news
Operators lament, say Inflation forcing hotels to shut down
The high rate of inflation in NIgeria is taking its toll on hotels, forcing them to shut down operations, industry ...UBA plans subsidiary in Saudi Arabia, restates commitment to investment in Africa
Africa’s Global Bank, United Bank for Africa Plc, has set the wheels in motion to expand its operations in the ...Dangote refinery to IPMAN: NNPC hasn’t authorised sale of petrol to marketers
The Dangote Petroleum Refinery says it has not received any payment from the Independent Petroleum Marketers Association of Nigeria (IPMAN) ...We stand by our advice to Nigerian government on subsidy removal, says IMF
The International Monetary Fund (IMF) says its advice on foreign exchange (FX) rate and subsidy removal was necessary for Nigeria’s ...How cartels manipulate prices in poultry, packaging sectors – FCCPC
The Federal Competition and Consumer Protection Commission (FCCPC) has revealed how cartels in the poultry and packaging industries manipulate the ...Our refinery has 500m litres of PMS to end scarcity — but retailers aren’t buying, ...
Aliko Dangote, founder of the Dangote Group, says the Dangote Petroleum Refinery currently has over 500 million litres of premium ...NNPC increases pump price to N1,025 in Lagos, N1,050 in Abuja
The Nigerian National Petroleum Company (NNPC) Limited has again increased the price of premium motor spirit (PMS), also known as ...Oyebanji presents N375bn budget for 2025 after zero borrowing in 2024
The Ekiti State Governor, Mr Biodun Oyebanji has presented a budget estimate of N375,790,077,618.15 for the 2025 fiscal year. The ...Tony Elumelu to co-chair the New African Summit, at the 2024 Future Investment Initiative in ...
The Chairman of the United Bank for Africa Plc, Tony Elumelu will co-chair the New African Summit at the ...Hardship bites harder as North enters 8th day without electricity
Residents, business owners, hospital administrators, and others in Northern Nigeria have expressed concern as the region marks its eighth consecutive ...