Business & Economy

Major marketers begin lifting petrol from Dangote Refinery

The Nigerian National Petroleum Company Limited NNPCL) has authorised major petroleum marketers to commence lifting premium motor spirit, PMDS, otherwise known as petrol, from...

Fuel subsidy removal poses risk to external reserve growth – CBN

The Central Bank of Nigeria, CBN, has said that fuel subsidy removal, lower import bills, and increased external debt servicing obligations could pose downside...

Tap, pay, go: CashAfrica wants to make payments easy, but first it must change customer behaviour

While digital payments have blown up in Nigeria in the last decade, contactless payments are still unpopular. CashAfrica, a Nigerian fintech startup that builds...

Afreximbank earmarks $310m for small businesses in Africa

From left, Amb Aminou Akadiri, Executive Director, Federation of West African Chambers of Commerce and Industries, Mrs Oluranti Doherty, Managing Director, Export Development, Africa...

Dangote Petrol Not Superior Because It Is Colourless

On September 3, Aliko Dangote, the president of Dangote Group, explained why the petrol produced at the Dangote refinery was clearer than the one...

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