Latest Business News

Dele Alake presents gold bars to Tinubu, says first transaction added $5m to foreign reserves

  Dele Alake, minister of solid minerals development, has presented refined gold…

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Dangote Refinery alleges IOCs plotting company’s failure

  Vice President, Oil and Gas at Dangote Industries Limited (DIL), Devakumar…

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Shell reiterates commitment to Nigeria’s development, wins FRCN award

  Shell Petroleum Development Company of Nigeria Limited (SPDC) has reaffirmed its…

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FG approves N21bn for DisCos to meter electricity consumers

  The Nigerian Electricity Regulatory Commission (NERC) has approved the sum of…

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Otedola returns to top position as FirstBank’s majority shareholder

Billionare businessman Femi Otedola has regained the position of majority shareholder of…

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Price of cooking gas increased by 63% in one year, says NBS

  The National Bureau of Statistics (NBS) says the price of 12.5…

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Nvidia overtakes Microsoft, becomes world’s most valuable company

  Nvidia, a graphics card-making firm, overtook Microsoft to become the world’s…

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FG summons 80 private jets owners over import duty payment

  The Nigerian Customs Service has begun a fresh move to clamp…

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Fraudulent transactions: Otedola, Zenith Bank opt for out-of-court settlement

  Femi Otedola, the chairman of FBN Holdings and majority shareholder of…

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$4.3bn Train 7 project 67% complete — NLNG

Nigeria LNG Limited (NLNG) has emphasised its commitment to delivering economic benefits…

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