Tag: Business
First Bank eyes expansion into Ethiopia, Angola, Cameroon, and Cote d’Ivoire as financial systems in Africa open new opportunities for growth. As financial systems across Africa continue to evolve, First Bank is looking to capitalise on the...
GSMA Intelligence reveals that businesses are prioritising revenue growth and cybersecurity in their digital transformation strategies, with rising investments. A new report by GSMA Intelligence highlights a significant shift in enterprise priorities as digital transformation continues to...
Breaking News
Airtel Nigeria CEO says tariff increase is inevitable amid rising costs
Airtel Nigeria CEO Dinesh Balsingh cites a 300% rise in operational costs, saying gradual tariff adjustments are essential for quality service. The Chief Executive Officer...
Dangote refinery boosts Nigeria’s domestic oil supply, despite rising imports from US
Dangote Refinery's 2024 performance increased Nigeria’s domestic oil supply while imports of US oil rose, highlighting shifting global oil trade dynamics. In 2024, the Dangote...
Nigerian Breweries lists 20.7bn shares on Nigerian exchange limited
Nigerian Breweries Plc officially lists 20.7bn shares on the Nigerian Exchange Limited, increasing total outstanding shares to 30.98bn. Nigerian Breweries Plc has officially listed 20.7...
Polaris Bank champions education for all with continued support for out-of-school children
Polaris Bank continues its commitment to reducing out-of-school children in Nigeria by empowering 50,000 students by 2028 through educational support. Polaris Bank and its partners...
Petrol prices soar in Nigeria amid refinery challenges
Nigerian petrol prices hit historic highs, sparking economic turmoil. Hopes for cheaper fuel from local refineries remain unfulfilled. Nigerians are grappling with unprecedented petrol prices...
Dangote refinery cuts petrol prices, responds to market forces
Dangote Refinery reduces petrol prices to N899.50 per litre, sparking a new price war in Nigeria’s oil and gas sector, driven by market...
Glo unveils flexible data roaming bundles for Nigerian travellers
Glo introduces flexible and affordable data roaming bundles for Nigerian travellers, enabling seamless communication across 40 countries. Nigerians travelling abroad for business or leisure can...
Nigeria restores national grid after collapse amid N2.7tn gas supply debt crisis
Nigeria’s national grid restored to 3,624.34MW after a collapse, as FG intervenes to tackle a N2.7tn gas supply debt threatening power supply. Nigeria's national grid...
Dangote refinery exports first petrol shipment to Cameroon
Dangote Refinery and Neptune Oil export first shipment of petrol to Cameroon, boosting regional energy integration and economic ties. The Dangote Petroleum Refinery and Neptune...
Jim Swartz highlights importance of Nigerian content development
Jim Swartz of Chevron stresses the importance of Nigerian content development for the nation’s growth in the oil and gas sector during the 2024...
Nigerian stock market records N63bn loss as trading ends lower
The Nigerian equity market experienced a decline on Monday, reversing recent gains with a loss of N63bn in market value, despite a positive year-to-date...
Dangote refinery seeks court amendment to correct defendant name in suit against NNPCL
Dangote Refinery requests court approval to amend its suit against NNPCL, correcting the name of the second defendant to reflect the proper entity. The Dangote...
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