Business

DPR says 32 inactive refineries can still renew licences

The Department of Petroleum Resources (DPR) has said all 32 refineries found not to be active can be resuscitated through…

4 years ago

Crude oil prices surge amid China’s growing energy demand

Oil prices jumped on Tuesday after increasing energy demand from China, world’s second-largest oil consumer. As at 11:06 am, the…

4 years ago

Dangote Cement Plc says it has not increased its ex-depot cement price.

It has also denied reports that the company sells cement in Nigeria at higher prices than other countries, particularly Ghana…

4 years ago

French minister to meet Nigeria’s SMEs over €3.5bn start-up fund

Nigeria will benefit from a €3.5 billion initiative of the France President, Emmanuel Macron, dedicated to supporting the development of…

4 years ago

Senate summons NICON, AIICO, others over N17.4bn pension remittances

The Senate Public Accounts Committee has summoned the management of the NICON Insurance Plc, AIICO Insurance and other insurance companies…

4 years ago

DPR revokes 32 refinery licences, says Dangote plant 80% complete

Thirty-two refinery project licences issued to private investors in the country have become invalid in the past three years, according…

4 years ago

Rewane foresees structural reforms, drop in unemployment this year

Chief Executive Officer, Financial Derivatives Company (FDC), Mr Bismarck Rewane, says Nigeria is likely to implement structural reforms this year…

4 years ago

FG, CCECC meet Wednesday on Lagos-Ibadan rail delivery date

The Minister of Transportation, Mr Rotimi Amaechi, has summoned the management of China Civil Engineering and Construction Corporation, the contractor…

4 years ago

FG showcases biggest train station along new Lagos-Ibadan rail line

The Federal Ministry of Transportation, headed by Rotimi Amaechi, has showcased the biggest train station along the Lagos-Ibadan rail line.…

4 years ago

Updated (video): New Lagos mega train station set for 2,000 passengers

More than two thousand passengers are expected to be accommodated at the Ebute Meta mega station of the Lagos -Ibadan…

4 years ago