September 3, 2024 By Okafor Joseph Afam After over a year of anticipation since its official launch in May 2023, the Dangote Refinery has finally rolled out its first batch
Read MoreThe naira showed signs of recovery against the U.S. dollar on Monday, September 2, 2024, both at the official and parallel markets. At the official Nigerian Autonomous Foreign Exchange Market
Read MoreBy Okafor Joseph Afam In a severe blow to residents of Ogun State’s border communities, the price of fuel has surged to an alarming N2000 per litre, plunging the area
Read MoreThe Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced the commencement of Liquefied Natural Gas (LNG) shipments to Japan and China on a Delivered Ex-Ship (DES) basis. Olufemi Soneye,
Read MoreThe Central Bank of Nigeria (CBN) has lifted the suspension on lending to banks and set the interest rate at 31.75%. This decision was announced on August 24, 2024, by
Read MoreBy Okafor Joseph Afam | August 23, 2024 Lagos, Nigeria – In a significant shift that could redefine the dynamics of Nigeria’s oil and gas industry, the Dangote Refinery, Africa’s
Read MoreState oil company, the Nigerian National Petroleum Company Ltd (NNPCL) has reported a record-breaking net profit of N3.3 trillion for the 2023 financial year. This marks a substantial 27.6% increase
Read MoreThe Nigerian currency, the naira, closed flat against the American dollar on Monday, August 19, 2024 to begin the week without a gain nor loss. The domestic currency traded at
Read MoreLagos, Nigeria—Union Bank, one of Nigeria’s most noteworthy and trusted financial institutions, has received another significant recognition with its recent attainment of the Payment Card Industry Data Security Standard (PCIDSS)
Read MoreKyari, who was addressing the Senate Ad-Hoc Committee investigating alleged economic sabotage in the Nigeria Petroleum Industry at the National Assembly on Wednesday, stated that the refining business is a
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