Sunday, 29 December, 2024

Category: Business


The Senate has raised concerns over 1.5 billion dollars approved in 2021 for the turn-around maintenance of the Port Harcourt Refinery with little or no result. Senator Opeyemi Bamidele, Chairman of the Senate Ad Hoc Committee to Investigate the Alleged Read more…


The Senate has questioned the $1.5bn approved in 2021 for the turn-around maintenance of the Port Harcourt Refining and Petrochemical Company with little or no result. It also vowed to probe allegations of sabotage to the supply of crude oil Read more…


Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has detailed the federal government’s ambitious plan to rejuvenate the economy while prioritising the welfare of its citizens. Edun, at a recent television interview, underscored the government’s commitment to food Read more…


Media Statement Abuja, Nigeria Yesterday, Bloomberg Philanthropies announced a transformative $600 million gift to four historically Black universities: Charles R. Drew University of Medicine & Science, Howard University College of Medicine, Meharry Medical College, and Morehouse School of Medicine. Additionally, Read more…


The Dangote Petroleum Refinery and other domestic refineries have yet to start the purchase of crude oil in naira as directed by President Bola Tinubu. It was that the $20bn plant and other local refineries in Nigeria had yet to Read more…


The Airline Operators of Nigeria, AON, lauded the judiciary on Tuesday for upholding justice and nullifying the purported sale of Nigeria Air to Ethiopian Airlines. The operators said this in a statement signed by its president, Dr Abdulmunaf Sarina, in Read more…


Former President Olusegun Obasanjo has said that those benefiting from the lucrative business of fuel importation are going to make efforts to frustrate the Dangote Petroleum Refinery. Obasanjo stated this in the wake of allegations by the President of the Read more…


Justice Akintayo Aluko of the Federal High Court in Lagos yesterday granted bail in the sum of N50 million to two alleged hackers, Timothy Oluwabukola and Anthony Odemerho, who were accused by the police of allegedly hacking into MTN Nigeria Communication Read more…


By Uzo Ugwunze Governor Chukwuma Soludo of Anambra State has commissioned several projects built by a United States based Anambra Philanthropist, High Chief Hamilton Ezeonu(Ikemba Nnobi) who came back to invest on infrastructural and human capital development in his community, Read more…


Petroleum marketers have blamed the current scarcity of petroleum products on the alleged shady deals between the Nigerian National Petroleum Company Limited, NNPCL, Depots and Petroleum Products Marketers Association of Nigeria, DAPPMA, and the regulatory agency, Nigerian Midstream and Downstream Read more…


The Minister of Digital Economy, Bosun Tijani, has denied directing telecom companies in the country to tamper with networks as the nationwide protests began on Thursday. Nigerians using MTN, Airtel and other networks began to complain on social media about Read more…


Economic and commercial activities gradually picked up in the commercial cities of Onitsha and Nnewi, as well as Awka, the capital of Anambra State, as residents shunned the ongoing #EndBadGovernance protest across the country. Our correspondent reports that residents stayed Read more…