Business

Ibom Air Expands Fleet with Two New Aircraft As Governor Eno Unveils Bold Development Plans

Ibom Air’s fleet has expanded by 2 aircraft as Akwa Ibom Governor Umo Eno pledges key development projects by year-end.

1 week ago

10 Nigerian Banks’ Interest Income Soars By 148% Amid MPR Hikes, Totals N12.24tn In 2024

Access, Zenith, 8 other banks reported a record N12.24 trillion in interest income amid the Central Bank’s policy hikes.

1 week ago

NNPC, ONHYM Advance African Atlantic Gas Pipeline Project Amid Regional Collaboration

NNPC and Morocco's ONHYM has advanced the $26 billion African Atlantic Gas Pipeline, emphasising regional collaboration and energy security.

2 weeks ago

TotalEnergies CEO Applauds NUPRC’s Efforts in Restoring Investor Confidence in Nigeria’s Upstream Sector

TotalEnergies CEO has praised NUPRC's Komolafe for restoring investor confidence, discussing billion-dollar investment and regulatory consent in Nigeria's oil sector.

2 weeks ago

Nigeria Sets January 28, 2025, as Launch Date for $5 Billion Africa Energy Bank in Abuja

The federal government has set January 28, 2025, as the deadline for the $5 billion Africa Energy Bank's operations.

2 weeks ago

Top Nigerian Banks Report N4.15trn Profit, Surging Over 100% Amid Economic Challenges

Nigeria’s leading banks, including Zenith and GTCO, has achieved N4.15trn profit before tax, over 100% increase from 2023.

2 weeks ago

Emirates Offers Free Transit Visas To Nigerian Passengers Following Flight Resumption

Emirates is offering free 48-96 hour transit Dubai visas to Nigerian passengers who are purchasing tickets in November

2 weeks ago

Indigenous Oil Firms Say IOC Divestments Could Unlock 500 Million Barrels Of Oil In Nigeria, Demand Policy Reforms

Indigenous operators have called for improved infrastructure and financial support to capitalise on IOC divestment opportunities.

2 weeks ago

Dangote: We Have The Capacity To Meet Nigeria’s Demands For All Petroleum Products

Dangote Refinery says it has robust capacity to supply enough petrol, diesel, and aviation fuel as Nigeria demands

2 weeks ago

Nigeria Secures N2.8 Billion Google Grant to Advance AI Talent and Innovation

Nigeria and Google have partnered to fund AI talent and support startups with a N2.8bn grant from Google

2 weeks ago