Business
MRS Oil Lowers Petrol Price To N935 Per Litre Across Stations
In the spirit of Yuletide MRS Oil crashes petrol prices across all stations following a new partnership with Dangote refinery.
24 December 2024
Category: Business
Business
Saipem Secures $900 Million Offshore Oil Contract
Saipem, in partnership with AVEON Offshore and KOA Oil & Gas, wins a $900 million contract from Shell for Nigeria’s Bonga North Project
23 December 2024
Business
Rising Floods Deepen Nigeria’s Food Security Crisis, FAO Warns
Floods affecting 29 Nigerian states have displaced 200,000 people and submerged 1.3 million hectares of land worsening food insecurity
21 December 2024
Business
Oando Reports N3.2 Trillion Revenue Amid Operational Challenges in Q3 2024
Oando PLC shows resilience in Q3 2024, achieving 36% revenue growth despite a 5% production cut due to vandalism.
20 December 2024
Business
Nigeria’s Diaspora Remittances Increases By 61% in One Year
Technical advancements and a weakened Naira boost Nigeria’s diaspora remittances, improving living standards for many low- and middle-income.
19 December 2024
Business
CBN Slams Restriction On PoS Transactions
The CBN introduces new regulations limiting PoS transaction volumes to curb economic sabotage and promote a cashless economy.
18 December 2024
Business
World Bank Approves $500 Million For Nigeria’s Rural Roads
The World Bank and Nigerian government propose a $600 million fund to improve rural roads, with 80% of Nigeria’s rural roads reportedly in deplorable condition.
17 December 2024
Business
Cash Scarcity Persists Despite Cash In Circulation At All Time High
Despite cash in circulation at an all time high, Nigerians face pervasive cash scarcity, compelling the CBN to act by slapping fines on banks selling mints to currency hawkers.
16 December 2024
Business
Fintech Association of Nigeria Charged with Driving Innovation, Collaboration, and Financial Inclusion
Fintech Association of Nigeria has been urged to foster collaboration with the government, strengthen risk management and drive innovation
16 December 2024
Business
Access Bank Acquires 100% Equity Stake in Bidvest Bank Limited
Access Bank strengthens its South African presence by acquiring Bidvest Bank, aligning with its vision to be Africa’s gateway to global markets
14 December 2024
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