Business

President of the United States (US), Joe Biden, said, "I'm blocking the deal of Nippon Steel acquisition of U.S. Steel."US President, Joe Biden. Photo: @POTUSThe US President said, experts determined…

The almost $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel has been rejected by President Joe Biden.US President, Joe Biden. Photo: @POTUSThe decision affirms…

Today, 27th December, 2024 at the NCAA Annex in Lagos, the Chairman of Air Peace, Allen Onyema, publicly accepted the enforcement actions initiated by the NCAA against his airline, stating…

China, Nigeria renew currency swap agreementReported by XinhuaCentral Bank of Nigeria (CBN)China's central bank on Friday said that it has renewed a bilateral currency swap agreement with the Central Bank…

Japan Airlines (JAL) has reportedly been struck by cyber attack which has resulted to some flights being delayed.Japan Airlines Boeing 787 planes. Photo: Daniel Slim/AFPJAL has been battling "malfunctions in…

The top 100 richest people in the world according to Bloomberg:Alhaji Aliko DangoteElon Musk, $444B (US)Jeff Bezos, $244B (US)Mark Zuckerberg, $207B (US)Larry Ellison, $190B (US)Bernard Arnault, $176B (France)Larry Page, $170B…

Press Release (Full)Port Harcourt Refinery fully operationalRecently revived Port Harcourt RefineryThe attention of the Nigerian National Petroleum Company Limited (NNPC Ltd.) has been drawn to reports in a section of…

Dangote Hails Tinubu on Impact of Crude for Naira Swap DealDangote Refinery...As Dangote Refinery partners MRS to sell PMS at N935 per litre nationwide at its retail outletsForemost entrepreneur and…

The Central Bank of Nigeria (CBN) has granted BDCs temporary access to Nigerian Foreign Exchange Market (NFEM) from December 19, 2024, to January 30, 2025, with a weekly cap of…

Press Statement (Full)Addressing NNPCL's MisinformationDangote RefineryWe have received numerous inquiries from the media and other concerned stakeholders seeking clarification on a recent report attributed to the Nigerian National Petroleum Company…

President of Faso, Head of State, Captain Ibrahim Traore, has inaugurated the Faso Tomato Company (SOFATO) in Yako which "specializes in the processing and marketing of tomato-derived products".Burkina Faso: Captain…

Bonga North will be a subsea tie-back to the Shell-operated Bonga Floating Production Storage and Offloading (FPSO) facility which Shell operates with a 55% interest.ShellThe Bonga North project involves drilling,…

Updated penalty on inappropriate cash disbursement practices by Deposit Money Banks (DMBs).Central Bank of Nigeria (CBN)The Central Bank of Nigeria (CBN) has warned, for "any illicit flow of mint banknotes…

Here are Positive Notes from President Tinubu's Job Creation & MSMEs Reforms.President TinubuSee below:

Here are positive notes from President Tinubu's N200 Billion Manufacturing Sector MSMES Support Fund.President TinubuSee below:

Here are positive notes from President Tinubu's reforms agenda.Presidency NigeriaSee below:

Here are positive notes from President Tinubu's oil sector reforms.Presidency NigeriaSee below:

State House Press Release (Full)President Tinubu celebrates Shell and Partners' $5 billion Deepwater investment as milestone for Nigeria's energy sectorPresident Tinubu celebrates Shell and Partners' $5bn Deepwater investmentPresident Bola Ahmed…

Nigeria's Crude production to increase by 30,000bpd'Nigeria's Crude production to increase by 30,000bpd' - PresidencyAs Vice President Kashim Shettima launches Oriental Energy's FPSO facility in Dubai, says it's symbol of…

According to Nigerian Bank, Access Bank: "We are pleased to announce that @accessbank_sa has signed a binding agreement to acquire a 100% equity stake in South Africa-based Bidvest Bank, marking a…