Business
Dangote Refinery Targets 600 Vessels Annually as Operations Expand
The Chief Executive Officer of Dangote Refinery and Petrochemical Company, David Bird, has revealed that the $20 billion facility is scaling up its...
Dangote Cement Leads Nigeria’s First Commercial Paper Listing on NGX
Nigeria’s capital market marked a new milestone as the Nigerian Exchange Limited (NGX) admitted its first commercial paper listings, with Dangote Cement Plc...
Customs at Tin Can Port Achieve Significant Revenue Growth in January
Nigeria’s Tin Can Island Port Command of the Customs Service recorded about ₦145.9 billion in revenue for January, marking a significant rise from roughly...
United Nigeria Airlines Strengthens Measures to Combat Bird Strikes
United Nigeria Airlines has engaged with the Federal Airports Authority of Nigeria to address a recent surge in bird strike incidents that have...
Nigeria’s Power Sector Under Strain as Unpaid Electricity Bills Hit N6 Trillion
Power generation companies in Nigeria have warned that outstanding unpaid electricity bills have surged to around N6 trillion, creating severe financial pressure on the...
Nigeria Faces Rising Pressure as World Bank Debt Surges
Nigeria’s borrowing from the World Bank’s concessional lending arm has reached a new high of $18.7 billion, reflecting the government’s growing reliance on external...
Nigeria’s Slowing Inflation Strengthens Case for Interest Rate Reduction
Nigeria’s headline inflation eased unexpectedly in January, dropping to 15.10 per cent, slightly below analysts’ predictions of around 19 per cent. The latest data show...
Lagos Airport Fixes Stopped Clocks Following Social Media Alert
At Murtala Muhammed International Airport in Lagos, several wall clocks that display times for major world cities were recently repaired after a pilot...
