Dangote Refinery to Start Selling Petrol to Local Marketers by August — Report
Dangote Refinery is increasing its production of Premium Motor Spirit (PMS), commonly known as petrol, with plans to supply the…
Emzor to Begin Production of Pharmaceutical Ingredients in Nigeria to Reduce Drug Costs – Official
Emzor Pharmaceutical Industries Limited, a leading indigenous pan-African manufacturer and distributor of medicines and surgical equipment, has announced plans to…
ECOWAS Single Currency’ll Boost W’African Economy – Edun
The Minister of Finance, Edun, stated that the single-currency ECO would promote economic growth and development in the West African…
CBN Warns of Penalties for Banks Refusing Mutilated Naira Notes
In a statement on Thursday, Solaja Olayemi, the acting director of currency operations at the Central Bank of Nigeria (CBN),…
Binance: Crypto Platforms Implement 7.5% VAT on Transactions
Cryptocurrency firms operating in the country have started implementing a 7.5 percent Value Added Tax on all transactions on their…
Nigerians Spent an Alarming ₦16 Trillion on Generators and Fuel in 2023 – Power Minister Adelabu
Nigeria’s Minister of Power, Adebayo Adelabu, revealed that Nigerians spent a staggering N16.5 trillion on diesel, petrol, generators, and related…
Africa’s richest man Aliko Dangote says Dangote Cement contributed more in taxes in 2023 than Nigeria’s banking sector.
Aliko Dangote, president of the Dangote Group, has warned that the Central Bank of Nigeria’s (CBN) recent interest rate hike…
ShopRite Mall Closes Operation In Abuja, Cites Financial Condition, Business Climate
Retail Supermarkets Nigeria Limited, owners of Novare Wuse Central Mall, known as ShopRite in Abuja, has announced plans to close…
Apple Overtakes Microsoft As World’s Most Valuable Company
Apple has reclaimed its position as the world’s largest public company, overtaking Microsoft, which had held the title since January.…
MultiChoice has just recorded the worst financial performance in the company’s history.
MultiChoice’s financial statements for the year ending 31 March 2024 reveal a significant downturn, with the company recording a R4.1…