Business

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that the country’s technical crude oil production potential now stands at 2.24 million barrels per day (bpd). Speaking at the 2025…

The 13th-month pay is often seen as a well-deserved holiday bonus. While it’s tempting to spend it on short-term pleasures, there are ways to use this windfall to secure your…

The Nigerian economy is on the verge of a transformation with the need to rebase the country’s Gross Domestic Product (GDP) and Consumer Price Index (CPI). Dr. Tayo Aduloju, Chairman…

The eagerly anticipated price cut in petroleum products following Dangote Refinery’s recent ex-depot price reduction is not expected to immediately translate into lower pump prices nationwide, according to the Petroleum…

Dangote Petroleum Refinery has entered into a bulk purchase agreement with Heyden Petroleum and Ardova Plc to ensure a steady supply of affordable Premium Motor Spirit (PMS) across Nigeria. This…

In 2024, the issuance of commercial papers and corporate bonds saw a notable decline, as the high-interest rate environment led to a decrease in the number of instruments issued and…

As Nigeria sets its sights on growing its economy to a $1 trillion value by 2030, the Federal Government (FG) has been advised to transition to an assets-based financing model,…

First Bank Nigeria Plc has issued a statement refuting the claims that it and other banks have complied with the recent court ruling that lifted the Mareva injunction on the…

On January 2, 2025, Minister of Aviation Festus Keyamo celebrated a breakthrough: a Nigerian court allowed Export Development Canada (EDC) to repossess a CRJ 1000 aircraft from Arik Air. This…

Max Air has been temporarily suspended for three months following a serious safety incident involving one of its Boeing 737 aircraft, registration number 5N-MBD. The aircraft suffered a nose wheel…