Business

$300,000 Guarantee Secures Release of Ship Detained by Dangote

The Federal High Court in Lagos has ordered the release of the oil tanker MT Stena Sunshine, which was allegedly detained without legal basis...

Warri Refinery Shuts Down After $897m Revamp, NNPCL Faces Backlash

The Nigerian National Petroleum Company Limited (NNPCL) is facing widespread criticism following revelations that the $897.6 million spent on the Warri Refinery revamp has...

Cardoso: Inflation is Nigeria’s Most Disruptive Economic Challenge

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has identified inflation as the most disruptive force against the economic welfare of...

50kg Bag of Rice Now N58,000 as Smuggled Supplies Rise

The price of a 50kg bag of rice has dropped significantly to N58,000 in parts of Nigeria, following a surge in rice imports from...

World Bank appointment thrills Dangote

The President and Chief Executive of the Dangote Group, Aliko Dangote, has expressed gratitude over his appointment to the World Bank’s Private Sector Investment...

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