Business

Geregu, Siemens Sign Agreement to Raise Nigerian Firm’s Overall Power Generation Capacity to 1,200mw

Nigeria’s foremost power generation solutions provider, Geregu Power Plc and Siemens Energy have signed a Memorandum of Understanding (MoU) to…

4 months ago

OPEC+ To Extend Deep Oil Cuts Into 2025 Amid Low Prices, Demand Concerns

OPEC+ has decided to extend deep oil output cuts into 2025, with Nigeria reaffirming its commitment to Declaration of Cooperation.

4 months ago

Economic Stabilisation Package Underway to Support Nigerian Businesses, Says Finance Minister Wale Edun 

Finance Minister Wale Edun says President Tinubu has achieved relative economic stability in Nigeria.

4 months ago

Oando Plc Records N74.7bn Profit After Tax, 71% Turnover Increase In 2023 Financials

Oando has announced a profit after tax of N74.7 billion for 2023, reflecting a turnaround from the previous year's loss.

4 months ago

Senate Halts CBN Act Amendment Public Hearing To Allow For Further Consultations

The Senate has postponed public hearing on CBN Act changes amidst widespread criticism and calls for broader consultations

4 months ago

CBN Permits IOCs to Sell 50% of Repatriated Export Proceeds to Authorised FX Dealers

CBN has allowed for 50% balance of export proceeds to be sold to authorised dealers if unused after 90 days.

4 months ago

British Airways Unveils Luxury Lounge At Lagos Airport

British Airways has opened a luxury lounge in MM1 Lagos, collaborating with Akoje Gallery to showcase Nigerian art.

4 months ago

Tengen Holdings Expands Investment in Access Holdings with N1.01bn Acquisition

Tengen Holdings has increased its investment in Access Holdings, acquiring approximately 59.403 million shares valued at N1.01 billion.

4 months ago

Dangote Refinery Sends First Jet Fuel Shipment To Europe Amid Rapid Production Expansion

Nigeria's Dangote refinery has dispatched its first jet fuel cargo to Europe.

4 months ago

Aviation Leaders To Convene in Dubai for 80th IATA AGM

Dubai will host the World Air Transport Summit (WATS) directly following the IATA AGM, addressing pivotal aviation sector concerns.

4 months ago