Business

CIPMN to Enforce Mandatory Certification for Project Managers from April 1

The Chartered Institute of Project Managers of Nigeria (CIPMN) has announced plans to activate its enforcement mechanism on mandatory certification for all project managers...

Dangote Announces Seaport and Cement Plant Projects in Ogun State

Africa’s richest man, Aliko Dangote, has unveiled plans to build a seaport and expand cement production in Ogun State, marking a significant boost to...

ECOWAS, WAIFEM Strengthen Partnership for Economic Growth

The Economic Community of West African States (ECOWAS) Commission and the West African Institute for Financial and Economic Management (WAIFEM) have reaffirmed their commitment...

President Tinubu Pledges Support for Fintech Companies as Flutterwave Seeks Listing on Nigerian Exchange

President Bola Tinubu has pledged his administration’s support for financial technology (fintech) companies that provide payment infrastructure services for Nigerians and Africans. The President...

CBN Governor Advocates Stronger Economic Ties with Middle East, Diaspora Community

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has called for stronger economic relations with the Middle East and Nigeria’s...

President Tinubu Commends NNPCL for Re-Opening Warri Refinery

President Bola Tinubu has commended the Nigerian National Petroleum Company Limited (NNPCL) for the successful reopening of the Warri Refining and Petrochemical Company (WRPC), describing the development as a significant milestone in his administration’s drive to boost local refining capacity and ensure energy security for Nigerians.

NNPCL Reduces Petrol Price to N965 Per Litre in Abuja Amidst Competitive Pressures

The Nigerian National Petroleum Company Limited (NNPCL) has implemented another reduction in the pump price of petrol at its retail outlets in Abuja, bringing the price down to N965 per litre from the previous N1,030 per litre.

CBN Reports Nigeria’s Economy Growth in Q3 2024

The Nigerian economy recorded a growth rate of 3.46% in the third quarter of 2024, with total output rising to ₦20.115 trillion, up from 3.19% (₦18.285 trillion) in the preceding quarter. This marked the third consecutive quarterly expansion, fueled by significant contributions from the non-oil sector.

NNPC Exports First Cargo of Low-Sulfur Fuel Oil from Port Harcourt

The Nigerian National Petroleum Company Limited (NNPC) has launched a new chapter in Nigeria’s energy landscape by selling its first cargo of low-sulfur straight-run...

Fire Guts Trademore Estate Market in Abuja

An early morning fire has destroyed the only market in Trademore Estate, Lugbe, Abuja. The blaze reportedly began around 3:30 am shortly after the Abuja...

Presidency: Nigeria’s Oil Refineries Set for Full Privatisation

The Presidency has announced plans to privatise Nigeria’s state-owned oil refineries in Port Harcourt, Warri, and Kaduna as part of ongoing reforms under President...

NNPCL Commences Global Sales of Utapate Crude Oil Blend

The Nigerian National Petroleum Corporation Limited (NNPCL) has announced the commencement of international sales of its latest crude oil grade, the Utapate crude oil...

EXPORT-FREE ZONES ATTRACT OVER $300 BILLION, GENERATE MASSIVE JOBS

Nigeria’s Export Free Zones have attracted over $300 billion in investments as of January 2024, generating N650 billion in government revenue and creating more...

IPMAN Claims Inability to Load Petrol from Dangote Refinery Despite ₦40 Billion Paid to NNPCL

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has announced that its members are unable to load petrol from the Dangote Refinery in Lagos,...

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