In Historic Move, Nigeria Begins Crude Oil Sale in Naira To Dangote Refinery
Finance Minister Wale Edun has confirmed that the federal government’s Naira-for-crude deal with Dangote Refinery commenced October 1, 2024.
Finance Minister Wale Edun has confirmed that the federal government’s Naira-for-crude deal with Dangote Refinery commenced October 1, 2024.
Bismarck Rewane warns that sustained monetary tightening could discourage investments and slow down Nigeria’s economic growth.
Following a temporary disruption, Zenith Bank has restored its services across ATMs, mobile apps, POS terminals, and in-person banking nationwide.
As the price of Premium Motor Spirit (PMS), popularly known as petrol continues to rise despite supplies from Dangote Refinery, Chief Executive Officer of Pinnacle Oil & Gas Limited, Mr.
Dockworkers’ strike resolution brings relief to US economy, but cargo backlog of 54 queued ships remains to be cleared.
The IEA has projected global gas demand to increase by more than 2.5% in 2024, urging cooperation amid supply challenges.
Ade Adefeko says food is available in Nigeria but not affordable and blamed high costs on cyclical production and harvest.
AfDB president Adesina has called for strategic investment and innovation in wheat production to boost food security in Africa.
US SEC has charged Nigerian auditor Oyebola for aiding former Tingo CEO Mmobuosi in massive securities fraud worth $250m.
Emirates Airlines is seeking codeshare partnership with Nigerian airlines, aiming to enhance aviation connectivity and promote long-term flight services.
EU Commission is investigating YouTube, Snapchat, TikTok algorithms for amplifying systemic risks, and seeks transparency on content recommendation systems.
Nike’s quarterly sales growth has dropped 10.4% to $11.59 billion, amid increased competition and leadership transition challenges.
Oando has attained status as Nigeria’s first IOC with $4bn valuation, expanding operations to the Sao Tome and Principe EEZ.
Emirates has resumed flights to Nigeria with Flight EK-783 landing on Tuesday, marking its first return after a two-year suspension.
Qatar Airways plans to acquire 25% of Virgin Australia, potentially to reshape the Qantas-dominated Australian aviation market.
The NTSB has raised alarms about potential safety issues with Boeing 737 rudder components, affecting over 40 foreign airlines.
CBN Governor Cardoso has engaged with IMF and World Bank to develop strategies for inclusive growth and sustainable development in Africa.
The NSDC reported that the National Sugar Masterplan attracted $1bn in investments, creating over 15,000 jobs across five active project sites
NDIC MD Hassan has emphasised that well-capitalised banks are essential to achieving President Tinubu’s vision of a $1 trillion GDP.
Nigeria’s stock market has outperformed expectations, posting a 38.27% gain (N15.66 trillion) in capitalisation despite inflation, volatile exchange rates,
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