Nigeria’s GDP to record improved growth by 2026 – Wale Edun
Mr Wale Edu, the Minister of Finance and Coordinating Minister of the Economy, has expressed optimism that Nigeria's Gross Domestic Product (GDP) will record an improved performance by 2026. Edun…
Dangote Refinery debunks selling PMS to NNPCL at N898 per liter
By Kayode Ogunwale Dangote Refinery Dangote Petroleum Refinery and Petrochemicals has issued a firm response regarding the recent allegations of selling petrol to the Nigerian National Petroleum Corporation Limited (NNPCL)…
Sigh of relief as Dangote refinery launches Euro-V petrol …Promises no more importation of polypropylene as from October
L-R: Vice President, Oil & Gas, Dangote Industries Limited, Devakumar Edwin; President/CE, Dangote Industries Limited, Aliko Dangote, holding a sample of newly refined PMS; Group Executive Director, Commercial Operations, Dangote…
Dangote refinery rolls out petrol
Dangote Refinery After over a year of its launch in May 2023, Dangote Refinery, on Tuesday, rolled out its first Premium Motor Spirit (PMS), also known as petrol, from its…
FG, States, LGAs Share N1.358 trillion revenue in July 2004
FAAC A total sum of trillion naira has been disbursed to the federal, state and local government areas for July. The revenue distribution was announced at the August 2024 meeting…
CBN re-introduces a publication of key economic reports
By Kayode Ogunwale The Central Bank of Nigeria (CBN) has reintroduced the publication of several key economic reports, reaffirming its commitment to fostering transparency and accountability in the Nigerian economy.…
OPEC says Dangote refinery’s diesel, jet fuel supplies to disrupt Europe’s oil & gas industry …It is a big plus to Nigeria’s economy
By Kayode Ogunwale Dangote Refinery The Organisation of Petroleum Exporting Countries, OPEC, has said supplies from Nigeria-based world's largest single-train Dangote Refinery and Petrochemicals will put pressure on the performance…
CBN Reaffirms Commitment to Provide Liquidity Support to FX Markets
By Kayode Ogunwale In the latest testament to the Central Bank of Nigeria’s (CBN) ongoing commitment to support the proper functioning of the foreign exchange market by enhancing liquidity when…
CBN approves Unity Bank, Providus Bank merger ahead of banking recapitalisation
By Kayode Ogunwale The Central Bank of Nigeria (CBN) has granted approval for Unity Bank Plc and Providus Bank Limited merger. The merger approval is a significant step towards enhancing…
Nigeria Embarks on Agricultural Transformation with the Greener Hope National Agricultural Mechanisation Programme
By Kayode Ogunwale L-R: Minister of State for Agriculture and Food Security, Dr. Aliyu Sabi Abdullahi, CON, Executive Chairman, ORIGIN Tech Group, Prince Samuel Joseph Samuel, Minister of Agriculture and…