Category: blog

Air Peace has introduced new boarding procedures for its passengers

Air peace unveils streamlined boarding policy to reduce congestion. The new arrangement according to the spokesman of the airline, Dr. Ejike Ndiulo will accord priority to military personnel, passengers with…

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W’Bank to Approve Nigeria’s $632m Loan Request

The World Bank is set to approve fresh loans totaling $632m to Nigeria on Monday amid mounting concerns over the country’s rising debt profile. The loans are to support critical…

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February Foreign Exchange Reserve Drops by $1.3bn

Nigeria’s foreign exchange reserves fell by $1.31bn in February 2025, reflecting sustained external pressures amid the recent appreciation of the naira. Data from the Central Bank of Nigeria showed that…

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NNPCL Reduces Petrol Price to ₦860 Per Litre

Some retail outlets belonging to the Nigerian National Petroleum Company Limited have adjusted the petrol pump price to N860 per litre. PUNCH Online observed that while there is no official…

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We Have Enough Petrol To Meet Local Needs ― Dangote

Aliko Dangote, president of Dangote Industries Limited (DIL), has revealed that his company, the Dangote Petroleum Refinery, has enough Premium Motor Spirit (PMS, otherwise known as petrol) in storage to…

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Dangote Refinery Reduces Diesel Price, by N55 to N1,020

Dangote Petroleum Refinery & Petrochemicals has reduced the cost of its diesel product to N1,020 per litre, down from N1,075 per litre at the gantry price, in an effort to…

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Dangote Refinery exports two cargoes of jet fuels to Saudi Arabia

Dangote Petroleum Refinery recently achieved a significant milestone by successfully exporting two jet fuel cargoes to Saudi Aramco, the world’s largest oil producer and a leading integrated oil and gas…

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BUA Foods grows revenue by 109% to N1.53tr

BUA Foods Plc, has recorded full year 2024 revenue of N1.53 trillion representing 109 per cent. The company’s operational efficiency, and strategic expansion efforts have continued to drive remarkable financial…

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Cadbury Reports N10.4billion Loss for 2024

Cadbury Nigeria Plc has reported a loss after tax of N10.4bn for the year ending December 31, 2024, representing a 45 per cent reduction compared to the N19.1bn loss recorded…

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Nigeria’s current account surplus hits $6b

Nigeria recorded a $6 billion current account surplus in the first half of 2024 as impact of several economic reforms begin to pay off, the Central Bank of Nigeria (CBN)…

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