Business

Dangote Refinery Ramps Up Imported Crude Stock, Second Shipment Leaves US for Nigeria

It is estimated to reach the country around mid-March.

7 months ago

Naira Devaluation: MTN Nigeria Declares N137 Billion Loss In 2023

The telecoms group said demand for its services was resilient despite the challenging operating conditions

7 months ago

South African Billionaire, Wiese, Says Business Exodus From Nigeria Won’t Last

“How do you ignore an economy like this? Sooner or later the big players will enter again.”

7 months ago

Citing Breach Of Regulatory Provisions, CBN Revokes Licences Of 4,173 BDCs

Cardoso also said the CBN will settle the outstanding FX liabilities of the remaining five banks in a few days

7 months ago

Mohammed Anchau: If There’s Positive Interface With Binance, Naira’s Value Will Be Restored

He said even though the recent decision to ban Binance is a right move, there are still concerns about its…

7 months ago

Meta To End Payments To Australian News Publishers, Sparks Regulatory Tensions

Meta defended its decision, emphasizing that links to news articles constitute only a fraction of users' feeds

7 months ago

Nigeria Civil Aviation Regulator Forces Foreign Airlines To Release Lower Ticket Inventory

While Lufthansa, British Airways among others have complied, Air France failed to comply with the directive so far.

7 months ago

NUPRC Releases Regulatory Divestment Framework For Exiting International Oil Companies

Komolafe said the NUPRC wouldn’t block companies who want to divest, but will always insist on due process

7 months ago

Nigeria Lacks Sufficient Reserves To Tackle FX Demands In The MarketPlace, Says Economist Esili Eigbe

“I think it is important that Nigeria begins to look at serious physical consolidations.”

7 months ago