Recognizing the need for enhanced logistics infrastructure and digital integration to support e-commerce growth in Nigeria, Glovo, in partnership with the Ministry of Communications, Innovation and...
Fitch Ratings has announced the withdrawal of Dangote Industries Limited’s National Long-Term Rating and senior unsecured rating of ‘B+(nga)’ due to unresolved debt refinancing concerns. The...
The Lagos State Government has signed a Memorandum of Understanding (MoU) with Lafarge Africa Plc to address the state’s mounting waste challenges through sustainable waste management...
Dangote Peugeot Automobiles Nigeria Limited (DPAN), the official manufacturer and marketer of Peugeot vehicles in Nigeria, has commenced local assembly of the GT variant of the...
Negotiations for the $60 billion merger between Japan’s Nissan Motor Co. and Honda Motor Co. collapsed on Thursday following disagreements over control. Despite the breakdown, both...
A growing number of importers are bypassing Lagos ports for Togo, Ghana and Benin as escalating charges at Nigerian ports disrupt their operations. According to people...
The Nigeria Customs Service (NCS) has suspended the implementation of the 4 percent Free-on-Board (FOB) import levy following concerns raised by businesses over the additional financial...
Dangote Petroleum Refinery and Petrochemicals has reduced the price of diesel to N1,020 per litre, down from N1,075 per litre as part of its continued efforts...
VFD Group Plc grew profit after tax from ₦0.75 billion in 2023 to ₦10.41 billion in the 2024 financial year despite the challenging operating environment. The...
The Nigerian Ports Authority (NPA) has implemented a 15% tariff adjustment in port rates and dues for the first in 32 years. The decision aimed at...
