Business

Marketers lament Rising Diesel price, may hit N1,500/litre, 75% filling stations closed Oil marketers in the country have stated that about 75 per cent of filling stations across the country are...

London Stock Exchange Recognises Orjiako’s Achievements at Seplat The London Stock Exchange on Wednesday lauded the many achievements of the pioneer Chairman of Seplat Energy Plc, Dr ABC Orjiako. Seplat Energy,...

Elon Musk Reveals Why He May Pull out of Twitter Deal Elon Musk has threatened to pull his $44 billion Twitter buyout, accusing the company of hiding information about the number...

Blackouts to Worsen as 20 Power Plants Encounter Major Problems Nigeria's reoccuring power outages currently being experienced across the country may linger on for a while as findings have shown that...

Dangote Refinery to showcase Nigeria’s Energy Outputs to Global Market  The coming on stream of the 650,000 barrels-per-day Dangote Petroleum Refinery will guarantee availability of high quality environmentally compliant products...

Naira loses by 0.12%, Sells at N419.50 to Dollar The Naira on Thursday, fell at the Investors and Exporters window, exchanging at N419.50 to the dollar, a 0.12 per cent depreciation,...

Wema Bank Records Impressive Growth in Q1, Emerges Most Profitable  The Nigerian banking sector recorded impressive growth in the first quarter of the year, recording a 23.24% year-on-year increase in...

Dairy Leader FrieslandCampina WAMCO Announces 1-for-1 bonus at 49th AGM Dairy leader, FrieslandCampina WAMCO Nigeria PLC has announced a 35% revenue growth and 1-for-1 bonus at its 49th Annual General...

Excitement In Shareholders’ Camp As Firstbank Sheds NPL Burden  With a significant cut in its impairment charges (which translates into a clean loan book) in its 1Q, 2022 results, after...

IMF Warns Nigeria As Fuel Subsidy Set to Escalate The International Monetary Fund (IMF) has warned that with the latest reports of Nigeria’s fuel subsidy payout averaging N500 billion monthly,...