Dangote Turns Down NNPC Offer To Increase Stake In Refinery
The President of the Dangote Group, Alhaji Aliko Dangote, on Wednesday said that the group turned down requests by…
Category: Business
SEC Raises Alarm Over Influx Of Ponzi Schemes On Social Media, Warns Public
The Securities and Exchange Commission (SEC) has cautioned the public against increasing promotion of unregistered online investment schemes on…
Nigeria’s Reliance On Local Crude Supplies Booms, Imports Fell In April
Nigeria’s crude oil imports for domestic refining dropped in April 2026, as the country also recorded a drop in…
Otedola Acquires Additional N43bn FirstHoldCo Shares
The Chairman of First HoldCo Plc, Femi Otedola, acquired additional shares of the company on Wednesday, valued at approximately N43.41…
EV Overhaul Drags Honda To First Operating Loss Since 1957
Honda announced Thursday its first operating loss since 1957 after a major overhaul of its electric-vehicle strategy in the…
India Bars Sugar Exports Until September
India, one of the world’s largest sugar producers, has banned exports of the key commodity until the end of…
Iran War, Oil Top Agenda As BRICS Meet In India
BRICS foreign ministers, including those from Iran and Russia, met in New Delhi on Thursday, where India warned of…
US Relaxes Visa Bonds For World Cup Fans
The United States said Wednesday it would ease its system of demanding bond payments from visa applicants for certain…
NUC, World Bank Ink $65m Performance Contract With Six Varsities
The National Universities Commission on Wednesday signed additional $65m performance contracts with Vice-Chancellors of six participating universities under the…
Turkey, Armenia To Restart Direct Trade
Turkey and Armenia will formally resume trade relations after a 33-year freeze as part of a rapprochement between the…