Business & Economy

TotalEnergies agrees deal to sell its Nigeria onshore oil assets to Chappal Energies for $860 million — report

French oil major, TotalEnergies, is planning to sell its onshore oil asset in Nigeria to an indigenous oil company, Chappal Energies, for the sum...

Nigeria gets $751.88 million from recently approved World Bank loan 

The World Bank has disbursed $751.88 million to Nigeria from a recently approved $1.5 billion loan.   According to findings by Nairametrics, the amount was disbursed...

Five platforms offering virtual dollar accounts in Nigeria in 2024

For today’s global workforce, especially freelancers, remote workers, content creators, and global entrepreneurs, receiving USD payments can be a major headache.   High fees and complex...

Another Nigerian firm starts auto assembly plant, moves to assemble CNG cars

Lanre Shittu Motors Auto Assembly plant has begun the conversion of petrol and diesel-powered vehicles to CNG The managing director of LSM, Taiwo Shittu, said...

P’Harcourt refinery undergoes licensing, minister defends rehabilitation exercise

The Port Harcourt Refining Company is currently undergoing various licensing processes following the supply of crude to the plant after it was mechanically completed...

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