Top 100 brands in Africa: Dangote becomes most admired Africa brand for the 6th time
June 5, 2023 The Dangote brand has, for the sixth consecutive year, been adjudged the most admired African brand among top 100 brands on the continent. The company announced the…
IATA Releases Strategic Roadmaps to Reach Net Zero by 2050
June 5, 2023 The International Air Transport Association (IATA) has unveiled a series of roadmaps aimed at providing step-by-step detailing of critical actions and dependencies for aviation to achieve net…
Oil up $1 on Saudi plan to deepen output cuts from July
June 5, 2023 Oil prices were up $1 a barrel on Monday after top global exporter Saudi Arabia pledged to cut production by another 1 million barrels per day from…
NNPC winding down crude oil swap contracts – Kyari
June 5, 2023 Nigeria’s state oil firm NNPC Ltd is winding down crude swap contracts with traders and will pay cash for gasoline imports, its chief executive told Reuters, adding…
CBN, SEC fine First Bank for multiple fraudulent dealings
The Central Bank of Nigeria (CBN) fined FBN Holdings subsidiary, First Bank of Nigeria Limited, N13.5 million for fraudulent dealings and other contraventions in 2022. First Bank of Nigeria (FBN)…
OPEC+ begins meetings which may lead to further output cuts
June 3, 2023 OPEC and its allies begin two days of meetings on Saturday which may culminate in further production cuts of as much as 1 million barrels per day,…
OPEC+ unlikely to deepen oil supply cuts at June 4 meeting – Sources
June 1, 2023 OPEC and its allies are unlikely to deepen supply cuts at their ministerial meeting on Sunday despite a fall in oil prices toward $70 per barrel, four…
Fake news, we have not devalued the naira – CBN
June 1, 2023 The Central Bank of Nigeria (CBN) has refuted reports that it has devalued the Naira, describing the news as fake. The CBN in a statement on Thursday…
J&J faces new trial over talc cancer claims, amid settlement push
June 1, 2023 Johnson & Johnson on Wednesday faced the first trial in almost two years over claims that asbestos in its baby powder and other talc products causes cancer,…
Nigeria revises 2021 tax-to-GDP ratio to 10.9% – FIRS
May 31, 2023 Nigeria has revised its tax-to-GDP ratio for 2021 to 10.86% from 6% following an adjustment to include revenues collected by other government agencies, the Federal Inland Revenue…