Business
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Julius Berger Nigeria Plc Sees 72% Earnings Surge in H1 2024, Secures Major Road Project Funding
Julius Berger Nigeria Plc reported a significant 72% rise in earnings for the first half of 2024, with its after-tax...
Read moreDetailsDangote Refinery Shifts Focus to Domestic Oil, Reduces US Crude Imports
Nigeria's Dangote mega-refinery has significantly increased its use of domestic oil, cutting back on imports from the United States. According...
Read moreDetailsNigeria Begins Migration to IPv6 to Enhance Cybersecurity and Boost Digital Economy
The federal government of Nigeria has initiated efforts to migrate from Internet Protocol version 4 (IPv4) to Internet Protocol version...
Read moreDetailsFidelity Bank Fined ₦555.8m for Data Breach by National Data Protection Commission
The National Data Protection Commission (NDPC) has imposed a ₦555.8 million fine on Fidelity Bank for violations of its customers'...
Read moreDetailsAbiodun Expresses Doubts Over Government’s Zero Import Duty Policy on Food
Abiodun Olorudero, Managing Partner at Prasino Farms, has raised concerns about the effectiveness of the federal government's recent policy of...
Read moreDetailsNigeria Targets $2 Billion Through Domestic Dollar-Denominated Bond
Nigeria is seeking to raise as much as $2 billion through the issuance of dollar-denominated bonds to domestic investors, as...
Read moreDetailsMTN Group Posts First Loss Since 2016 Following Naira Devaluation Impact
MTN Group has reported its first loss since 2016, driven largely by the devaluation of the Nigerian naira, which has...
Read moreDetailsGold Reaches Record High as Oil Prices Decline
Gold surged to a record high on Friday, reaching $2,500.16 an ounce, as global stock markets showed mixed results. European...
Read moreDetailsNNPC Cracks Down on Oil Theft, Seizes 63 Illegal Refineries in a Week
The Nigerian National Petroleum Company (NNPC) Limited has reported a significant crackdown on oil theft operations, resulting in the seizure...
Read moreDetailsDangote Refinery Refutes Claims of Fixed Petrol Price of ₦600/Litre
The Dangote Refinery has dismissed recent reports suggesting a fixed petrol price of ₦600 per litre, describing such announcements as...
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