Category: Business
Petrol import debts:NNPCL demands refund of N4.7trn from FG
The Nigerian National Petroleum Company Limited (NNPC) is seeking a refund of N4.71 trillion from the Federal Government to cover outstanding debts incurred for...
Japan invests $500m to boost power supply in Ogun – Minister
The Japanese International Cooperation Agency (JICA) has invested $500 million to boost power supply in the Ogun and Lagos axis. The Minister of Power, Mr Adebayo...
Investors Scramble for Fidelity Bank’s Offers
Investors are literally scrambling for shares of Fidelity Bank Plc as the leading commercial bank’s capital raising continues to gather momentum among all...
Dangote recants , says NNPC supplies 60% of its crude
Dangote Refinery might have started mending it’s relationship with the Nations oil conglomerate ,Nigeria National Pstdplrum Corporation,NNPCL, as it has...
Dangote refinery big plus for Nigeria’s economy-OPEC
says refinery’s diesel, jet fuel supplies will disrupt Europe’s oil & gas industry The Organisation of Petroleum Exporting Countries, OPEC, has said that...
Union Bank Graduates 116 new Management Trainees
Union Bank of Nigeria, one of Nigeria’s foremost financial institutions, has added to its growing list of qualified personnel with the recent graduation of 116...
We have done nothing to sabotage any Refinery,Kyari,CEO,NNPC Ltd
*Refining business is a straightforward business. You must secure (a source for) your feedstock and you must find a market. This is basic and this determines what...
CBN Approves merger of Providus,Unity Banks
The management of two funancial Institutions,Unity Bank and Probidus bank has announced their merger. This is contained in a statement Tuesday jointly signed by...
Fuel Queues:Hunger protest triggers shortage in supply,push up prices
Photo Caption: Jerry can surface at filling stations Oil marketers have explained that the reappearance of queues at filling stations in many states is because of...
NNPC Ltd: An All-round Asset to Nigeria
By Olufemi Soneye In its editorial of 2nd August, 2024, the BusinessDay newspaper, characteristically, launched another scurrilous and baseless attack on the...
