Business
-
Nigeria’s oil output excluding condensate rises by 4% to 1.737m bpd
Nigeria’s oil output, including condensate, increased month-on-month, MoM, by 4 per cent to 1.737 million bpd in January 2025, from…
Read More » -
Foreign portfolio investments increase 126.8% to N396.4bn
Foreign Portfolio Investments, FPIs, inflows through the Nigerian stock market grew by 126.8 % at the end of December 2024 to…
Read More » -
Banks’ borrowing from CBN rises 395% to N4.7trn
Banks’ borrowing from the Central Bank of Nigeria, CBN, rose sharply by 395.2 percent week-on-week (WoW) to N4.72 trillion last week…
Read More » -
CAP’s profit rises 69% to N2.64bn in 2024
Chemical and Allied Products (CAP) Plc, a manufacturer and distributor of paints and coatings, said it recorded a 69 percent year-on-year,…
Read More » -
Port charges to go up 15% as NPA pushes for efficiency
In a move to enhance the competitiveness of the nation’s ports, the Nigerian Ports Authority (NPA) said it has secured approval…
Read More » -
PwC launches sustainability academy
PwC Nigeria has announced the launch of it Sustainability Academy, one of the diverse offerings at the PwC Nigeria Business School.…
Read More » -
Dangote refinery exports two cargoes of jet fuel to Saudi Arabia
Dangote Petroleum Refinery has exported two jet fuel cargoes to Saudi Arabia’s Aramco, the world’s largest oil producer and a…
Read More » -
Oil producers divert 500,000bpd meant for local refineries – PETROAN
The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has alleged that oil producing companies diverted 500,000 barrels of…
Read More » -
Apapa gridlock resurgence looms as truck owners decry biased port access
The Association of Maritime Truck Owners (AMATO) has raised concerns over the potential return of severe gridlock in Apapa due to…
Read More »