Business activity in Nigeria reached its lowest point in seven months this June, according to the latest Purchasing Managers’ Index (PMI) report from Stanbic IBTC Bank....
Ardova Plc, a leading indigenous energy company, and global lubricants giant Shell International have joined forces to launch the inaugural “Power Conference.” The event, themed “Powering...
A recent study conducted by the African Export-Import Bank (Afreximbank) has underscored the critical role of intra-African trade in fostering economic growth across the continent. Published...
Nigeria’s arts and entertainment sector contributed N728.80 billion to the national economy in the first quarter (Q1) of 2024. This represents an increase from the N576.67...
A fire outbreak occurred on Wednesday at the Dangote Petroleum Refinery in the Lekki Free Zone, Lagos. The incident, which took place at the refinery’s effluent...
The Asset Management Corporation of Nigeria (AMCON) has reported a 212% increase in profits to N108.43 billion in 2023 from N34.73 billion in the corresponding period....
Shane Harris, the Managing Director of ExxonMobil Nigeria, has reaffirmed the company’s commitment to its operations in Nigeria. Addressing the speculation surrounding ExxonMobil’s proposed divestment of...
Devakumar Edwin, Vice President of Oil and Gas at Dangote Industries Limited (DIL), has accused International Oil Companies (IOCs) in Nigeria of undermining the operations of...
Economic experts are optimistic about the potential of Nigeria’s Free Trade Zones (FTZs) to boost the nation’s economy significantly. According to recent analysis, these zones could...
In a historic move, Dangote Refinery is set to ship low-sulfur straight-run fuel oil (LSSR) from Nigeria to Singapore this week, its entry into the Asian...
