Business

NIPCO, a diverse Nigerian energy conglomerate, has been added as a new strategic shareholder to Savannah Energy PLC, a British independent energy company. According to a statement, the new investor…

The Nigeria Customs Service (NCS) Port and Terminal Multipurpose Ltd (PTML) Command has reported that the Lagos Port has achieved a noteworthy income milestone, bringing in N350 billion in just…

In an attempt to increase operational effectiveness and boost energy generation, the Niger Delta Power Holding Company (NDPHC) has started routine maintenance at its 430 megawatt Geregu Power Plant. Siemens…

Over $50 billion worth of cryptocurrency transactions passed through Nigeria between July 2023 and June 2024, according to Dr. Emomotimi Agama, Director-General of the Securities and Exchange Commission (SEC). This…

On Sunday, Air Peace Ltd. started operating a direct route between London Heathrow Airport and Nnamdi Azikiwe International Airport (NAIA), Abuja. The London Heathrow service was inaugurated 19 months after…

Aliko Dangote, the president and chief executive of Dangote Industries Limited, has said that his refinery will increase its daily production capacity from 650,000 barrels to 1.4 million barrels per…

Memorandums of Understanding (MOUs) have been signed by the Central Bank of Nigeria (CBN) and the Bank of Angola to facilitate the exchange of technical assistance aimed at strengthening financial…

As part of its endeavors to enhance marine operations and economic growth, the Federal Government has started port upgrading projects in states other than Lagos. This was revealed by Adegboyega…

According to Mr. Tony Elumelu, the founder of the Tony Elumelu Foundation, the organization has empowered 24,000 young African entrepreneurs to date, with more than 600 of them hailing from…

According to its total assets and gross revenues, TAJBank Limited has emerged as the leading participant in the Non Interest Banking (NIB) subsector. This comes just five years after the…