Category: Business

Video: I withdrew $10m just to look at it, says Dangote

Aliko Dangote, Africa’s richest man, says he withdrew $10 million just to look at it and convince himself that he is rich. Speaking at the Mo Ibrahim governance...

Fire destroys building, shops in Lagos (See photos)

A fire outbreak has destroyed multi-million naira worth of valuables at a building housing multiple shops on Shonola street in Aguda-Ogba area of Lagos on Saturday....

Petrol

NNPC expresses commitment to zero gas flare regime

The Nigerian National Petroleum Corporation (NNPC) has expressed its commitment to a zero gas flare regime for every new gas project, even as it trains its sights on...

Kaduna govt pledges support for AKK Pipeline Project

The Abuja-Kaduna-Kano (AKK) gas pipeline project received a major boost on Thursday as the Kaduna State Government pledged to join forces with the Nigerian National...

SML

International expert faults Shell, ENI on OPL 245 oil block valuation

Oil giants, Shell and ENI suffered another setback today in Milan, Italy as a renown international expert, Mr. Stephen Rogers, from the esteemed Athur D Little firm in...

FIRS targets N750b from millionaire tax debtors

The Federal Inland Revenue Service (FIRS) expects to pull in about N750 billion from about 55,000 millionaire tax debtors. This was made known on Monday in Abuja by the...

Exxon

ExxonMobil targets $3b from sale of Nigeria oil, gas fields

Oil major, Exxon Mobil, is planning to sell a suite of oil and gas fields in Nigeria as it focuses on new developments in the United States (U.S.) shale and Guyana,...

Revenues: FG determined to improve it – Udoma

  The Minister of Budget and National Planning, Senator Udoma Udo Udoma, on Tuesday in Abuja, emphasised that the Federal Government is determined to improve its...

Buhari revokes licences

BMO hails new diversified production-based economy

The Buhari Media Organisation (BMO) has congratulated Nigerians for the consolidation of President Muhammadu Buhari’s policy direction geared towards a diversified...

Innoson

Meet Kano cars, Innoson’s local competitor

It just so happens that Innoson Vehicle is not the only local vehicle assembling company operating in the country. Another company was already in existence before...