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Business

488 articles
BUSINESS

Emefiele: 20 Banks Face Probe Over Forex Deals

The probe instituted by the Economic and Financial Crimes Commission (EFCC) into the use of foreign…

Adedoja Adesoji January 8, 2024
BUSINESS

Power Companies Need N2trn Capital Investment to Perform, Says Presidential Aide

Nigerian electricity companies are short of an estimated N2tn ($2.5bn) in capital and need new investors…

Adedoja Adesoji January 5, 2024
BUSINESS

‘Paga’s Downtime Unprecedented’

A fintech company, Paga, has said since it started operation 12 years ago, it has not…

Adedoja Adesoji January 5, 2024
BUSINESS

EFCC Raids Dangote Group’s Headquarters in Lagos

Operatives of the Economic and Financial Crimes Commission (EFCC) on Thursday raided the headquarters of the…

Adedoja Adesoji January 4, 2024
BUSINESS

Most Marketers Can’t Afford Petrol Trucks – IPMAN

The Independent Petroleum Marketers Association of Nigeria has said that its members cannot afford to purchase…

Adedoja Adesoji January 4, 2024
BUSINESS

Nova Merchant Bank Appoints Oyedeji as New MD/CEO

Oyedeji’s appointment which takes effect from today, has been approved by the Central Bank of Nigeria…

Adedoja Adesoji January 2, 2024
BUSINESS

Dangote Refinery Awaits 5th 1 Million Barrels of Crude

Dangote Refinery is awaiting the delivery of the fifth one million barrels of crude from the…

Adedoja Adesoji January 2, 2024
BUSINESS

NRC to Restore Freight Train, Increase Trips in 2024

The Nigerian Railway Corporation (NRC) has announced the restoration of passenger and freight trains as well…

Adedoja Adesoji January 2, 2024
BUSINESS

Port Harcourt Refinery Begins Test-Run, Rivers, 11 Others Get Supply Soon

The Nigerian National Petroleum Company Limited, NNPCL, has commenced the supply of crude oil for the…

Adedoja Adesoji January 1, 2024
BUSINESS

Bloomberg Predicts Naira ‘ll Record Worst Performance in 25 Years

Bloomberg, a US-based media organisation, on Friday, predicted that the naira will decline further in 2024.…

Adedoja Adesoji December 30, 2023
BUSINESS

Dangote Ranks Second Best Performing Sub-Saharan African Company

Dangote Group has emerged as the second-best performing company in Sub-Saharan Africa in 2023. In a…

Adedoja Adesoji December 30, 2023
BUSINESS

We’ll Maintain N3,500 Cement Price from January — BUA

BUA Group makes additional N3.3bn grant to fight COVID-19Executive Chairman/Founder of BUA Group, AbdulSamad Rabiu Alhaji…

Adedoja Adesoji December 29, 2023