Nigeria’s non-operational refineries have incurred N127.326 billion in salaries and employee benefits over two years, despite being completely inactive. The Kaduna, Port Harcourt, and Warri refinery...
Mars Inc. has announced its acquisition of Kellanova, the maker of popular brands such as Cheez-It, Pringles, and Pop-Tarts, for an estimated $36 billion. The deal,...
Dangote Refinery has issued a strong denial against claims that it has set the price of Premium Motor Spirit (PMS) at N600 per litre, dismissing the...
The long-awaited launch of the Port Harcourt refinery has been postponed once again, making it the sixth delay for a project that was initially scheduled to...
BUA Cement Plc has seen a significant drop in its market value, losing over 20% in just two days following the release of its disappointing first-half...
The alcoholic drinks market in 2023 saw a total volume decline globally for only the third time in 15 years, data analytics firm Euromonitor International can...
Google’s multi-billion dollar agreement with Apple has come under intense scrutiny following a U.S. antitrust verdict that has shaken the tech industry. The Justice Department’s recent...
Business activity in Nigeria has taken a significant hit as steep price pressures have driven the Purchasing Managers’ Index (PMI) down to 49.2 in July, the...
Tomato prices across Nigeria have dropped sharply by 58% as the new harvest season begins, offering much-needed relief to families who have struggled with soaring food...
The Dangote Group has issued a statement to clarify recent reports concerning its crude oil supply arrangements with the Nigerian National Petroleum Corporation (NNPC). Contrary to...
