Finance & Economy - Page 47

Dangote Sugar Refinery, NASCON Allied, Dangote Rice To Merge

Aliko Dangote Criticises Fuel Importers For Blocking African Refinery Development

Aliko Dangote, Africa’s richest man and owner of the $20 billion Dangote Refinery, has accused fuel importers of preventing African governments from constructing new refineries. In an interview with CNN’s Eleni Giokos

Emmanuel Ochayi

6 months ago

Finance & Economy

Tinubu’s One Year In Office: FG Pays Off N4.5 Trillion Ways And Means

The Nigerian government has disclosed that it has reduced the N7.3 trillion Ways and Means it inherited with the payment of the sum of N4.8 trillion. Minister of Finance and Coordinating Minister

Admin

6 months ago

Finance & Economy

NACCIMA Faults CBN’s Monetary Policies, As Inflation Keeps Rising

National President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Dele Kelvin Oye, has observed that the current Monetary policies adopted by the Central Bank of Nigeria

Victor Ezeja

6 months ago

Business·Latest News·Oil & Gas

Nigeria’s Oil GDP Growth Slows To 5.7% In Q1 2024

Nigeria, Africa’s largest oil producer, faces a significant challenge as its oil Gross Domestic Product (GDP) growth slows to 5.7 percent in the first quarter of 2024. The country, which relies heavily

Emmanuel Ochayi

6 months ago

Dangote Refinery To Begin Crude Oil Production By End Of 2024, Seeks Local Oil Supply Solutions

Business·Latest News·Oil & Gas

Dangote Refinery To Begin Diesel Exports In June, Gets NMDPRA’s Approval To Refine Petrol

The Dangote Refinery, Africa’s largest, is set to commence the export of diesel meeting European standards in June, alongside the introduction of gasoline into the Nigerian market. This development was confirmed by

Emmanuel Ochayi

6 months ago

Business·Latest News·Oil & Gas

Nigeria Customs Seizes 17,580 Litres Of Petrol In Less Than 60 Days

The Nigeria Customs Service, Federal Operations Unit, Zone D, has announced the interception of 17,580 litres of premium motor spirit (PMS) valued at N12.7 million. This operation took place between April and

Emmanuel Ochayi

6 months ago

Dangote Refinery: Fueling Nigeria's Economic Resurgence or Monopoly Menace?

Business·Latest News·Oil & Gas

Dangote Refinery Raises Diesel Prices To N1,100 Amid Naira’s Decline

Dangote Petroleum Refinery has increased the price of its Automotive Gas Oil (diesel) from N940/litre to N1,100/litre due to the recent depreciation of the naira against the US dollar. The refinery’s decision,

Emmanuel Ochayi

6 months ago

Business·Finance & Economy

Banks’ Recapitalisation Will Strengthen Nigeria’s Economy – UBA GMD

Group Managing Director of United Bank for Africa PLC, Mr Oliver Alawuba, has underscored the critical role of banks’ recapitalisation in strengthening Nigeria’s economy. Prime Business Africa recalls that the Central Bank

Victor Ezeja

6 months ago

Financial Inclusion Key To Realising Nigeria's $1trn Economy Target - Cardoso

Business·Finance & Economy·Latest News

CBN Raises Benchmark Interest Rate To 26.25%

The Central Bank of Nigeria has increased the benchmark interest rate by 150 basis points to 26.25 per cent. This was the decision of the Monetary Policy Committee (MPC) of the CBN

Victor Ezeja

6 months ago

Oil & Gas·Opinion

Dangote To The Rescue

For the first time in about 25 years, Nigerians heard a truly comforting fuel news. The owner of Dangote Refinery, the man himself, Aliko Dangote, assured that Dangote Refinery operations were finally

MARCEL MBAMALU

6 months ago

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Finance & Economy - Page 47

Aliko Dangote Criticises Fuel Importers For Blocking African Refinery Development

Tinubu’s One Year In Office: FG Pays Off N4.5 Trillion Ways And Means

NACCIMA Faults CBN’s Monetary Policies, As Inflation Keeps Rising

Nigeria’s Oil GDP Growth Slows To 5.7% In Q1 2024

Dangote Refinery To Begin Diesel Exports In June, Gets NMDPRA’s Approval To Refine Petrol

Nigeria Customs Seizes 17,580 Litres Of Petrol In Less Than 60 Days

Dangote Refinery Raises Diesel Prices To N1,100 Amid Naira’s Decline

Banks’ Recapitalisation Will Strengthen Nigeria’s Economy – UBA GMD

CBN Raises Benchmark Interest Rate To 26.25%

Dangote To The Rescue

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