Business

Court Awards £20m Damages in Favour of Nigeria Against P&ID, Issues 28-Day Payment Deadline 

This follows the country’s victory in an $11 billion judgment debt which was heard in October.

1 year ago

At Budget Defence Session, NNPC Tells Senate That Port Harcourt Refinery Will Start Operations December, Warri Q1 2024

"The situation we have in Niger Delta in terms of security is a calamity. We don't have that anywhere in…

1 year ago

Cardoso: Regulation Key To Sound Financial System, Reduction Of Operational Excesses in Nigeria

Chike-Obi restated the commitment of the banking sector to partner with the federal government towards achieving economic growth.

1 year ago

Aviation Industry Players Blame High Taxes For Lack Of Investments 

Recent revelations from IATA ranked Lagos and Abuja airports as the two most expensive in the world, said Taiwo Oyedele.

1 year ago

Only Investors Who Know How To ‘Game the System’ Stay in Nigeria, Says Atedo Peterside

This follows the recent exit of Proctor & Gamble, GlaxoSmithKline Consumer Nigeria Plc and Sanofi-Avantis Nigeria Limited from the market.

1 year ago

Game Changer For Nigeria’s Oil Industry As $20bn Dangote Refinery Receives First Crude Shipment

Dangote has said the 650,000 bpd refinery’s priority is to supply petrol to Nigeria before exporting elsewhere.

1 year ago

Nigeria’s Central Bank Chief Cardoso Approves New CBN Service Charter

The document clearly outlines the bank's mandates, vision, mission, and core values as well as lists services offered by the…

1 year ago

NNPC Seals Deals to Deliver LNG To Domestic, International Gas Markets

Both parties agreed to work together to chart a roadmap for the project development that will lead to an investment…

1 year ago

Nigeria, Kuwait Sign Bilateral Aviation Agreement

The agreement marks a pivotal moment in the diplomatic relations between Nigeria and Kuwait, said the Ministry of Aviation.

1 year ago

AfDB, AFC Sign $350 Million Long-term Credit Line For Africa’s Infrastructure Development

“These projects play a pivotal role in closing Africa’s infrastructure deficit and creating new opportunities for economic growth and prosperity...”

1 year ago