Business & Economy - Page 105

Capital market

NNPCL Revenue Hits ₦6 Trillion in May as Oil Output Inches Up

The Nigerian National Petroleum Company Limited (NNPCL) posted ₦6.008 trillion in revenue for May 2025, marking a slight increase from the ₦5.972 trillion recorded in April. The rise follows steady gains in crude oil and condensate production, which climbed to 1.63 million

July 1, 2025

Business & Economy

NAHCO seals handling extension deals with three international carriers, touts N300bn revenue target

The Nigerian Aviation Handling Company Plc (NAHCO Aviance) says it has sealed the extension of handling contracts with three international carriers, the company’s Group Managing Director, Mr Indranil Gupta, has disclosed. According to the News Agency of Nigeria (NAN), the international carriers are

December 31, 2024

Business & Economy

Dangote: Ardova signs bulk purchase agreement with Nigeria’s crude refining behemoth

Ardova Plc, one of Nigeria’s major integrated downstream oil and gas businesses, has agreed to a bulk purchase framework with Dangote Refinery. Its Head of Brands and Corporate Communications, Mr Grant Onome, said in a statement on Monday that the framework

December 31, 2024

Business & Economy

Investors gain N987bn as NGX opens positive By RUKAYAT ADEYEMI

The Nigerian stock market, on Monday, opened the week positive with a gain of N987 billion or 0.99 per cent. Investors’ interest in MTN Nigeria, BUA Foods, FBN Holdings, among other advanced equities, were the primary drivers of the overall market’s

December 31, 2024

Business & Economy

NCC-approved new telecom tariffs to take off this January, Commission announces

The Nigerian Communications Commission (NCC) has approved a long-awaited telecom tariff hike, ending over a decade of lobbying by major operators, including MTN Nigeria, Airtel and 9Mobile, with new rates for calls, SMS and internet bundles billed to take effect this

December 29, 2024

Business & Economy

Energy expert tasks FG on pump price reduction, urges NNPC to complete PH, Warri, Kaduna refineries’ refurbishment

Dr Maurice Ibe, an Oil and Gas Industry Consultant has tasked the Nigerian National Petroleum Company Limited (NNPC Ltd.) to ensure that the four government refineries are functioning at full capacity. In an interview yesterday – Saturday, December 28 – with the

December 29, 2024

Business & Economy·Opinion

Notes from Atlanta: Tinubu’s Buharization of the NNPC, by Farooq A. Kperogi

After the sustained, unwarranted personal attacks I endured for eight years from northerners for unswervingly calling out what I called the “embarrassingly undisguised Arewacentricity of Buhari’s appointments” in a February 2, 2019, column titled “Even Ahmadu Bello Would Be Ashamed of Buhari’s Arewacentricity,” I

December 28, 2024

Business & Economy

Budget 2025: Financial expert urges FG to divert N113bn for vehicles to infrastructure

A financial expert, Prof. Uche Uwaleke, has urged the federal government to divert the N113bn provided in the 2025 budget proposal for purchase of vehicles to infrastructural projects. Uwaleke, a Professor of Capital Market, is also the Director, Institute of Capital

December 28, 2024

Business & Economy

Manufacturers seek Sanwo-Olu intervention over ‘ill-timed’ sealing of water factories

The Manufacturers Association of Nigeria (MAN) has appealed to the Governor of Lagos State, Mr Babajide Sanwo-Olu, to use his good offices to order the immediate reopening of some closed water factories in the State. The Director General of MAN, Mr

December 28, 2024

Business & Economy

Despite recent destruction of N5bn fake goods by agency, Abia traders accuse NAFDAC of protecting same product fakers

In what looks like a fightback after the Enugu zone of the National Agency for Foods, Drug Administration and Control (NAFDAC), carpeted the Eziukwu market in Aba as a base for the production of adulterated drugs, the management of the market

December 27, 2024

Business & Economy·News

We have enough fuel supplies in the country, IPMAN assures, cautions against ‘panic buying’ this yuletide, thereafter

The Independent Petroleum Marketers Association of Nigeria (IPMAN), has assured Nigerians that there are enough fuel supplies in the country to meet citizens’ energy needs this yuletide and going forward, urging them to, therefore, avoid panic buying. Chinedu Ukadike,, IPMAN Publicity Secretary,

December 23, 2024

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Business & Economy - Page 105

NNPCL Revenue Hits ₦6 Trillion in May as Oil Output Inches Up

NAHCO seals handling extension deals with three international carriers, touts N300bn revenue target

Dangote: Ardova signs bulk purchase agreement with Nigeria’s crude refining behemoth

Investors gain N987bn as NGX opens positive By RUKAYAT ADEYEMI

NCC-approved new telecom tariffs to take off this January, Commission announces

Energy expert tasks FG on pump price reduction, urges NNPC to complete PH, Warri, Kaduna refineries’ refurbishment

Notes from Atlanta: Tinubu’s Buharization of the NNPC, by Farooq A. Kperogi

Budget 2025: Financial expert urges FG to divert N113bn for vehicles to infrastructure

Manufacturers seek Sanwo-Olu intervention over ‘ill-timed’ sealing of water factories

Despite recent destruction of N5bn fake goods by agency, Abia traders accuse NAFDAC of protecting same product fakers

We have enough fuel supplies in the country, IPMAN assures, cautions against ‘panic buying’ this yuletide, thereafter

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