Business

NUPRC Moves To Expedite $1.3bn ExxonMobil Asset Sale To Seplat Energy Plc

The transaction between ExxonMobil and Seplat Energy Plc, started over two years ago but has not yet been concluded.

5 months ago

FBN Holdings’ Plans To Raise N300bn Suspended Amid First Bank CEO’s Resignation

Adeduntan's resignation as First Bank CEO has triggered speculation as FBN Holdings ditches plans for a capital raise.

5 months ago

Shettima: Naira Will Continue To Appreciate Against Dollar

Nigeria's Vice President Shettima has lauded Tinubu’s leadership, attributing the naira’s rebound to his strategic governance.

5 months ago

CBN Governor Cardoso Announces Partnership with International Money Transfer Companies To Double Remittances To Nigeria

The CBN has created a remittance task force to improve the naira’s strength, and it will report directly to Governor…

5 months ago

‘False, Mischievous’: Dangote Debunks Report On High Sulphur Diesel

Dangote Group says that the diesel it produces is better than 80% of what is imported into Nigeria.

5 months ago

NNPC, First E&P Kickstart Oil Production At OML 85, Expect 7.3m Barrels Annually

NNPC CEO Kyari says the commencement of oil drilling at Madu Field is a significant milestone for Nigeria.

5 months ago

CBN Successfully Subdues Attack On Naira, Makes Room For Economic Growth

Analysts have applauded the naira’s reform policies as the official FX market recorded $12.66 billion turnover in three months.

5 months ago

First Bank CEO Adeduntan Resigns 

First Bank’s three term CEO, Adesola Adeduntan, has resigned in order for him to pursue other interests.

5 months ago

Dangote Refinery Getting a Third of Its Crude from US, Set to Shake West African Supply Market

As well as processing domestic feedstock, Dangote Refinery is equipped to process other African crudes and from further afield.

6 months ago

LCCI Urges CBN to Intensify Forex Market Reforms to Strengthen Naira and Curb Inflation

LCCI has called on CBN to sustain its policy reforms in the foreign exchange market to attract more foreign exchange…

6 months ago