Power Generation Peaks at 5,713MW, Highest in Four Years, Says TCN
New statistics by the Transmission Company of Nigeria revealed that power generation climbed to 5,713.60 megawatts on Tuesday. The latest…
Category: Business
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has banned 60,000 litres petroleum tankers from operating on Nigerian roads,…
Lagos Traffic Radio Acquires High-Tech Cameras for Live Incidents Motorbike Reports
Lagos Traffic Radio 96.1FM has enhanced its operations with the acquisition of cutting-edge Insta360 One RS cameras to support live…
Plateau Set to Rejuvenate Energy Sector, Signs MoU with Investor to Mobilise Finance
The Government of Plateau State, in partnership with PUTTRU, Africa’s frontline energy investment facilitating platform has signed a Memorandum of…
Naira Fights Back, Rises to N1,493 at Official Rate
The Naira rose to N1,493 in the official foreign exchange market on Thursday. According to data published by the Central…
JUST IN: Power Outage Strikes Presidential Villa, as Vandals Attack, Steal Cable
Power supply to some parts of the Presidential Villa, Maitama, Wuse, Jabi, Lifecamp, Asokoro, Utako, and Mabushi have been disrupted.…
Osun to Host SDG Creatives Conference 2025, Targets Skill Acquisition
Creativity, innovation, and culture will take centre stage as the Osun State SDG Creatives Conference 2025 kicks off from 28th…
EFCC Drags Honeywell Chairman, Otudeko, Ex-FBN MD to Court for Alleged Theft of N12.3bn
The Economic and Financial Crimes Commission (EFCC) has filed a 13-count criminal charge against the Chairman, Honeywell Group, Chief Oba…
Petrol Production at Dangote Refinery Crashing Importation from European Market, Says OPEC
The Organisation of the Petroleum Exporting Countries (OPEC) says the production of petroleum products by the Dangote Petroleum Refinery has…
Kyari Calls for Forensic Audit of Funds Spent by NNPCL as Remitted Money Hits ₦10tn
The Nigerian National Petroleum Company Limited (NNPCL) has remitted ₦10 trillion to the federation account, making it the highest taxpayer…
NERC Transfers Full Electricity Regulatory Oversight to Four States
The Nigerian Electricity Regulatory Commission has completed the transfer of regulatory oversight to four states. NERC made this known on…
FBN Holdings Plc & Two Others Top Trading as Market Capitalisation Closes at N64.5 trl
The Nigerian Exchange Ltd. (NGX) All-Share Index and Market Capitalisation appreciated by 1.80 per cent each, to close the week…
Nigerian Navy Destroys Illegal Refineries, Seizes 35,000 Litres Of Crude in Ondo
The Nigerian Navy Forward Operating Base (FOB) in Igbokoda has dismantled nine illegal refining sites and destroyed 20,000 litres of…
Ardova, Heyden Parley Dangote Refinery to Provide Affordable Petrol for Nigerians
Propelled by the economic relief provided by President Bola Ahmed Tinubu’s crude-for-naira swap initiative, two prominent players in Nigeria’s downstream…
Ardova Oil & Gas Moves to Drop Oil Price Further, Signs Bulk Purchase Deal with Dangote Refinery
The price of petrol also known as premium motor spirit (PMS) is expected to further drop as Ardova Plc, one of…
Warri Refinery Now Operating at 60% Capacity, Says Kyari
The 125, 000 barrels per day Warri Refinery is now operating at 60 per cent capacity. This was revealed by…
Sportsbet.io Appoints Jimmie Akinsola, Navy Kenzo Ambassadors
Sportsbet.io, the world’s favourite crypto sportsbook, is celebrating the holiday season with two more blockbuster additions to its roster of…
Excitements for Dealers, Consumers at LG Electronics Annual Summit as Latest Hitech Commercial Air Conditioner Makes Grand Arrival
LG Electronics, a global pioneer in household and commercial electronics, has unveiled its latest advancements in HVAC technology at the…
Japanese Ambassador, Business Community Applaud Dangote Refinery Deployment of Modern Technology
The Dangote Refinery and Petrochemicals complex has been hailed as an astonishing masterpiece, showcasing Nigeria’s technological advancements on the global…
Seplat Energy Seals Mobil Oil Acquisition, Inherits Over 1,000 Staff, 500 Contractors
Seplat Energy Plc, a Nigerian energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, is…
Ogun State Commends Dangote Cement Over CSR Projects as N25m Project Kicks-off
It was a moment of excitement for the 17 host communities to Dangote Cement, Ibese Plant in Ogun State as…
Nestlé & Swiss Consulate Upskill Nigerian Youth for Best Job Opportunities
For the thirteenth consecutive year, Nestlé Nigeria has empowered more than twenty young Nigerians through the Technical Training program in…
Dangote Refinery in Partnerships with Neptune Oil Exports PMS to Cameroon
In a landmark move for regional energy integration, Dangote Refinery and Neptune Oil jointly announced the first-ever export of Premium…
Abuja Jeweler, Makems Thrills Fashion Lovers with Latest Designs at Jewelry Exhibition
Makems jewelry, an Abuja-based jewelry-making company in Nigeria, has unveiled some of the latest product at the its annual jewelry…
Nestlé Professional Champions Displays in Providing Nutrition with Maggi Soya Chunks
Nestlé Professional, the Out of Home business arm of Nestlé Nigeria and a provider of food solutions, recently introduced the…
Nestlé Nigeria Expands Empowerment Initiative to Support Women Entrepreneurs in Calabar
Nestlé Nigeria has expanded its Nestlé Empowering Rural Women in Nigeria Initiative to include 50 more female retailers in Calabar,…
JUST IN: Port Harcourt Refinery Begins Crude Oil Processing, Trucks to Load Soon, Says NNPCL
The Port Harcourt Refining Company (PHRC) Ltd in Rivers State has commenced crude oil processing. This is according to the…
Konga Yakata Black Friday Shopping Wraps-up on Saturday with Great Discounts
Excitement is reaching a fever pitch among shoppers as the Konga Yakata Black Friday shopping fiesta enters its final week.…
Two-Thirds Nigerian Households Lack Money for Healthy Food, Says NBS Survey
Lack of money has left two-thirds of households in Nigeria grappling with the reality of not being able to provide…
Dangote Pavilion Turns Focal-Point at Kano Fair as Stakeholders Laud Dangote Sponsorship
The pavilion of the Dangote Group at the ongoing 2024 Kano International Trade Fair has become Mecca of a sort,…