UPDATE : Security operatives take over OSIEC headquartersFCT Man Fetes Friend At Home, Kills Him AfterwardsThe Forgotten Promise: Why Are We Shying Away from the National Pledge?Forbes: Dangote now 86th richest man as wealth surges by almost 100% to $23.9bnDigitization Of Nigeria Tax, FIRS successfully established a database for corporate taxpayers.
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Category: business news
$23bn refinery biggest risk of my life – Dangote
Alhaji Aliko Dangote has described his $23bn Dangote Refinery project as the “biggest risk” of his life, acknowledging the challenges he faced in bringing the venture to fruition. In an…
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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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CBN Clears $7bn Forex Backlog to Boost Investor Confidence
Governor of the Central Bank of Nigeria, Olayemi Cardoso, announced that the President Bola Tinubu-led Federal Government has cleared the outstanding $7bn foreign exchange backlog to various firms following a…
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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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KFC Unveils 5-in-1 Meal to Commence 2025
KFC has introduced a new 5-in-1 meal, offering customers an all-in-one experience of its signature menu items. KFC Chief Executive Officer, Satender Singh, in a statement, described the meal as…
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Guinness Nigeria Delivers 82.2% Revenue Growth In H1’25
Guinness Nigeria Plc has announced its unaudited financial results for the six months ended 31 December 2024 The company reported an 82.2% revenue increase, growing from ₦142.60 billion in H1'24…
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Increase in fuel price not our fault – Marketers
Dangote Refinery and Petroleum Products Marketers have shifted the blame for the recent premium motor spirit price hike to global crude oil prices as Nigerians lament its impact. Accordingly, the…
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