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Category: Business
NNPC uncovers additional 165 illegal refineries in one week
Amid the fight against oil theft and vandalism, the Nigerian National Petroleum Company Limited has said it uncovered an additional 165 illegal refineries in various…
Naira remains flat against dollar at forex market
The naira traded flat against the dollar at the official foreign exchange market.FMDQ data on Wednesday showed that the naira exchanged at N1,507.83 against the…
Heritage Bank: Customers raise alarm over NDIC’s delay in payment of deposits
Three weeks after the revocation of Heritage Bank, customers of the defunct bank have raised alarm over the delayed payment of their trapped deposits by…
Fire guts Dangote Refinery (Video)
A fire has reportedly broken out at the Dangote Refinery in Ibeju-Lekki, Lagos.According to reports gathered by Dockaysworld, emergency personnel are currently on-site working to…
FAAN introduces armed unit at airports to tackle thuggery, extortion
The Federal Airports Authority of Nigeria, FAAN, has launched an armed Aviation Security unit at the Murtala Muhammed International Airport in Lagos.Disclosing this via his…
Nigeria’s inflation, food price hikes will drop by December – PwC
PricewaterhouseCoopers, PwC, a consulting firm, has projected a marginal decline in Nigeria’s inflation to 29.5 percent by the end of this year from 33.95 in…
CBN restores license of popular bank after revocation
The Central Bank of Nigeria (CBN) has reinstated the license of a popular digital bank, Eyowo.This was disclosed by Yomi Adedeji, Co-Chief Executive Officer of…
Shoprite shuts down operations in Abuja
ShopRite has announced its decision to cease operations at its Wuse Store located in the Novare Wuse Central Mall, Abuja, the nation’s capital.This was revealed…
Nigerians borrow N3.82tn from banks amid hardship
Credit facilities borrowed by Nigerians from banks rose to N3.82 trillion in January 2024 amid rising inflation and harsh economic realities.This is according to the…
Crude price hike: Dangote alleges IOCs frustrating refinery
• Dangote accuses NMDPRA of granting licences to operators to import dirty fuel Vice President of Oil and Gas at Dangote Industries Limited, Devakumar Edwin,…