Business & Economy - Page 23

Dangote Petroleum Refinery has reaffirmed its commitment to ensuring steady and uninterrupted supply of Premium Motor Spirit (PMS) and Automotive Gas Oil (diesel) nationwide, with a daily production capacity exceeding the domestic demand. Speaking on the development, Group Chief Branding and Communications

The Naira on Friday extended its gain, closing the trading week stronger at N1,421.73 to the dollar at the official foreign exchange market. Data from the Central Bank of Nigeria (CBN) showed that the local currency appreciated by N15.23 or 1.07 per

MTN Nigeria Communications Plc has released its financial results for the nine months ended September 30, 2025, signaling a remarkable recovery and demonstrating robust operational momentum. The company successfully reversed a massive prior-year loss, restored positive financial positions, and declared an interim

Zenith Bank Plc has released its Group financial results for the nine months of the year,ending 30th September 2025, recording a profit before tax of N917.4 billion and profit after tax of N764.2 billion for the period. This resilient performance also shows Gross

By Tosin Adeoti When Bokku Mart posted that ad, the one where the influencer smiled into the camera and joked about shopping “without any Omo Igbo cheating me”, it was a mirror held up to a country that has grown too comfortable

A new report by Quartus Economics has called on the Central Bank of Nigeria (CBN) to introduce higher denominations of N10,000 and N20,000 notes, citing the sharp decline in the value of the naira and its effect on cash transactions. The report

President Bola Tinubu has approved the introduction of a 15 per cent ad-valorem import duty on petrol and diesel entering Nigeria, a policy move the government says is aimed at protecting local refineries and stabilising the downstream petroleum market. The new directive,

The Federal Ministry of Industry, Trade and Investment, in partnership with the United Kingdom’s Department for Business and Trade, has commenced a nationwide sensitisation exercise to educate Nigerian exporters on the business opportunities available in the UK market. The initiative kicked off

The British Virgin Islands (BVI) Commercial Court has delivered a significant ruling in favour of Access Bank Plc, granting the Nigerian lender summary judgment exceeding $220 million against businessman and former Seplat Energy chairman, Dr. Ambrosie Bryant Chukwueloa Orjiako, his wife, and

Stakeholders have called for greater accountability in the management of public water infrastructure, power and waste management in Nigeria. The stakeholders, drawn from trade unions and Civil Society Organisations (CSOs), made the call at the National Public Utilities Summit held on Wednesday