For returning to profitability, a leading ratings agency, GCR Ratings, has revised the outlook of Nigerian Breweries Plc to stable from evolving. Similarly, the national scale long-term and short-term ...

The Nigerian Shippers Council (NSC) has reaffirmed its commitment to fighting against corruption in Nigeria’s maritime ecosystem, pledging closer collaboration with the Independent Corrupt Practices ...

Dangote oil refinery is on a buying spree as it has been running at around 80 per cent since mid-March, according to industry monitoring group, IIR. The 650,000 barrels per day is still far from ...

TotalEnergies said on Thursday it agreed to sell its 12.5 per cent stake in the Bonga oilfield offshore Nigeria to Shell, the field’s operator, for $510 million. The deal for the OML 118 Production ...

An Abuja-based non-profit organisation (NGO), Women Enterprise Alliance (WenA), has introduced a pitch competition known as WenA SCALE for entrepreneurs in the Small and Medium Enterprises (SMEs) ...

Nigeria is planning to launch four lithium processing plants worth more than $800 million before the end of 2025, the Minister of Solid Minerals, Mr Dele Alake, has disclosed. He noted that $600 ...

A Nigerian conglomerate, MSM Group, has expressed its desire to acquire one of the most strategic power assets in the country, Geregu Power plant. The firm is showing interest in the power and energy ...

Employees of Egbin Power Plc were recently celebrated by the power generation firm for their unwavering dedication, innovation, and exceptional performance. The company gathered all its members of ...

Top Nigerian financial institution, Stanbic IBTC Bank, is targeting to raise home ownership from less than 1 per cent in the country to 5 per cent in the next few years. This was disclosed by the ...

The trio of United Bank for Africa (UBA), Fidelity Bank, and Access Holdings led the activity chart of the Nigerian Exchange (NGX) Limited by volume last week, accounting for 1.942 billion shares ...

The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Central Bank of Nigeria (CBN) over its perceived failure to disclose the details of any direct payments to ...

About N710.08 billion ($443.8 million) was lost to gas flaring in four months by oil and gas companies operating in Nigeria, the latest flare data released by the National Oil Spill Detection and ...