The landscape of Nigeria’s petrochemical industry is undergoing a transformation as the Dangote Refinery commences production at its polypropylene facility in Lagos. The development represents a...
Shipping operators have raised concerns over rising port charges in Nigeria and warned that excessive costs will push businesses to neighbouring countries. Following a 15 percent...
The Aliko Dangote Foundation has launched its 2025 Annual National Food Intervention Project, committing N16 billion to provide food relief for one million vulnerable Nigerians across...
Seplat Energy Plc has launched a $650 million Senior Notes offering as part of its broader strategy to refinance existing debt and optimize its capital structure....
Oando Plc has secured an important foothold in the Caribbean energy market after its subsidiary, Oando Trading, was named the preferred bidder to lease the refinery...
Transnational Corporation Plc grew profit after tax (PAT) by 188% from N32.6 billion in 2023 to N94.1 billion in the financial year ended December 31, 2024....
Nigerian manufacturers are grappling with a historic surge in operational costs due to soaring inflation, currency depreciation and escalating energy prices that is squeezing their profit...
The stock prices of U.S automakers surged on Wednesday following President Donald Trump’s announcement to delay new tariffs on vehicles imported from Mexico and Canada for...
Dangote Sugar Refinery Plc has reported a pre-tax loss of N192.6 billion for the year ended December 31, 2024. This was more than the N73.7 billion...
President Bola Ahmed Tinubu has approved the appointment of Shamsedeen Babatunde Ogunjimi as the new Accountant General of the Federation. The appointment, which was confirmed today,...
