Galaxy Backbone woos banks after CBN directive
The Federal Government-owned Galaxy Backbone has intensified efforts to attract banks, fintechs and other financial…
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Dangote Cement approves N45 dividend, targets 80m tonnes
Shareholders of Dangote Cement Plc have approved a final dividend of N45 per ordinary share…
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Oil firms decry multiple taxes, seek PIA review as Nigeria joins IEA
Indigenous oil producers have warned that Nigeria’s upstream petroleum sector is being weighed down by…
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Dangote beats US, ships N757bn jet fuel to Europe – Report
Dangote Petroleum Refinery exported about 466,000 metric tonnes of jet fuel to Europe in June,…
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FG boosts power supply at FUTI with 1.6MW solar mini grid
The Federal Government has commenced the construction of a 1.6-MWp/1.5 MWh solar mini-grid at the…
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FG warns marketers against using old stock to justify high petrol prices
The Federal Government has warned petroleum marketers against using profits from previously acquired expensive fuel…
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UPDATED: Tony Elumelu to step down as UBA chair, bank names successor
United Bank for Africa Plc has announced that its group chairman, Tony Elumelu, will retire…
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Customs exceeded 2025 revenue target despite waivers – CG
The Nigeria Customs Service on Monday said it surpassed its 2025 revenue target by 10.24…
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New Lagos mini-grid will unlock businesses, jobs — Senator
The senator representing Lagos East Senatorial District, Adetokunbo Abiru, has said the newly commissioned 504-kilowatt-hour…
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7,942 oil service permits, 49 licences granted in Q1 — Report
Nigeria issued 7,942 oil and gas industry service permits and 49 upstream monitoring licences in…