Business

Forex operators blame crisis for high petrol price

The cost of locally refined petrol in Nigeria is higher than imported petrol due to dollar-denominated charges on both refined products and crude oil...

Aba Disco Applies For 123% Increase In Electricity Tariff

Aba Power Limited Electric (APLE) has submitted an application to the Nigerian Electricity Regulatory Commission (NERC) seeking approval to increase electricity tariffs in its...

Equinor Finalises Nigeria Exit, Sells Agbami Stake for $1.2b

Equinor (EQNR.OL), the Norwegian oil and gas giant, has officially exited Nigeria after completing the sale of its assets in the country for up...

Otedola sacks Ani-Mumuney as First Bank’s global head of marketing

Folake Ani-Mumuney was asked to resign as First Bank’s global head of marketing and corporate communications by Femi Otedola, the chairman of the holding...

Minister Calls for Export-Driven Economy to Address Nigeria’s Challenges

The Minister of Industry, Trade, and Investment, Jumoke Oduwole, has emphasized exports as Nigeria’s most critical pathway to economic recovery, unveiling strategic plans to...

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