Federal government to spend N2.4tn on power subsidies by year-end
The Nigerian government is set to spend N2.4 trillion on electricity subsidies in 2024, with a significant increase expected in ...
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Tag: Business
UBA expands into France as Nigerian president visits Macron
UBA’s business agreement in France, witnessed by Presidents Tinubu and Macron, cements its role in global banking and innovation In ...
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Dana Air CEO leaves Nigeria amidst refund crisis for passengers and staff
Dana Air CEO Jacky Hathiramani leaves Nigeria amid growing complaints from passengers and staff over unpaid refunds and wages, leaving ...
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Port Harcourt refinery begins operations, processing 60,000 barrels daily
The Port Harcourt Refinery now processes 60,000 barrels daily, a key step in Nigeria’s energy independence and economic growth journey. ...
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Nigeria’s oil production hits 1.8m bpd as NUPRC aligns with NNPC’s figures
Nigeria’s oil production rose to 1.8m bpd in October, a 16.56% increase, aligning with NNPC figures. Efforts underway to hit ...
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Dangote cement to issue N300bn bonds for debt refinancing and working capital
Dangote Cement has announced plans to issue its Series I bonds under a N300bn multi-instrument programme to refinance debt and ...
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Nigeria’s power plants lose N30.5bn due to grid failures, call for urgent reforms
Nigeria’s power plants recorded N30.5bn in losses from grid failures between 2022-2024, with ongoing collapses threatening energy stability. ...
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UBA Business Series highlights strategies for sustainable business growth
The UBA Business Series empowers entrepreneurs with actionable strategies for building businesses that thrive amid challenges Building enduring businesses demands ...
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Dangote refinery resumes US crude purchases amid local supply challenges
Dangote Refinery resumes US crude imports after a three-month halt, spotlighting local supply gaps and its pivotal role in reshaping ...
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NNPC explains delays in Port Harcourt refinery completion
NNPC explains why the Port Harcourt Refinery is yet to begin operations, citing challenges in the brownfield rehabilitation process and ...
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