Business & Economy

Dangote says firm will drop plan to invest in Nigeria’s steel industry to avoid monopoly allegations  

The President and Chief Executive Officer (CEO) of Dangote Group, Aliko Dangote, has announced that the company will abandon its plans to enter Nigeria’s...

Ikeja DisCo laments rise in energy theft

Ikeja Electricity Distribution Company has lamented the rise in energy theft in the past three months of the Band A tariff increase.   This is even...

Fuel import: FG working against local refineries, operators cry out

Some local refinery operators have lamented that the announcement made by the Nigerian Midstream and Downstream Petroleum Regulatory Authority, stating that the Federal Government...

CBN To Take Over All Dormant Accounts For Treasury Bill Investments

The Central Bank of Nigeria (CBN) has issued new directives to banks and financial institutions regarding dormant accounts. The CBN will now take over...

Refinery: Dangote defends product quality, says diesel 80% better than imported ones  

Dangote Industries Limited (DIL) has condemned an online report criticizing the quality of its products, adding that its refined diesel is 80% superior to...

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