Business
Dangote Refinery Refutes Claims of Fuel Loading Delay, Urges Marketers to Pay Directly
Dangote Petroleum Refinery has clarified that it is not responsible for any challenges experienced by members of the Independent Petroleum Marketers Association of...
Nestle Nigeria Records N255 Billion Pre-Tax Loss in First Nine Months of 2024 Due to Rising Finance and FX Costs
Nestle Nigeria Plc reported a pre-tax loss of N255.38 billion for the first nine months of 2024. This marks a sharp increase of...
Ghana Eyes Cheaper Fuel Import from Dangote Refinery, Aiming to Cut $400M Monthly European Imports
Ghana plans to source petroleum products from Nigeria’s Dangote Petroleum Refinery once it operates at total capacity, potentially ending its $400 million monthly...
Northern Nigeria Enters Second Week of Blackout Following Power Line Failure
Northern Nigeria has faced a power outage for a week following a major line failure on October 22. The blackout was triggered by...
South Africa’s Pick n Pay Exits Nigeria Over Inflation and Economic Challenges
South African retailer Pick n Pay will exit Nigeria by selling its 51 per cent stake in a joint venture with A.G. Leventis....
Starlink Reverses Price Hike in Nigeria After NCC Directive
Starlink, Elon Musk’s satellite internet provider, has reversed a recent price hike in Nigeria following regulatory action by the Nigerian Communications Commission (NCC)....
Sky Mali and Air Senegal Partner to Introduce New Flight Routes Connecting Mali, Burkina Faso, and Côte d’Ivoire
Sky Mali and Air Senegal have announced a partnership to introduce new flight routes connecting major cities in West Africa. The lines would...
Mainpower Takes Over Electricity Distribution In Enugu State, Replaces EEDC
MainPower Electricity Distribution Limited has officially replaced the Enugu Electricity Distribution Company (EEDC) as the electricity distributor in Enugu State. The handover took...
Benin Ships Fourth Tanker of Nigerien Oil to Singapore
Benin has shipped its fourth tanker of Niger’s crude oil onward to Singapore, “Front Coral,” a tanker carrying 155,000 cubic meters set sail...
BRICS GDP Growth to Hit 4% by Q4 2024, Exceeding Global Average of 3.2% – Putin
Russia’s President Vladimir Putin said on average, by the end (Q4) of 2024, the BRICS nations’ Gross Domestic Product (GDP) growth rate is...
Cooking Gas, Kerosene Prices Increase in September —NBS Report
The National Bureau of Statistics (NBS) has reported significant increases in the prices of cooking gas and kerosene across Nigeria for September 2024....
Nigerians Express Safety Concerns After Benin CNG Explosion Critically Injures Three, Causes Amputation of Victim’s Foot
An explosion at the NIPCO gas station in Aduwawa, Benin City, Edo State, has prompted widespread reactions from Nigerians concerned about safety standards....