Dangote signs $400 mln equipment deal with China’s XCMG to speed up refinery expansion
Nigeria’s Dangote Group has signed a $400 million equipment deal with China’s Xuzhou Construction Machinery Group to speed up the expansion of its oil refinery toward a planned 1.4 million…
Tinubu unveils Nigeria’s Industrial Policy 2025
President Bola Tinubu, on Tuesday, unveiled Nigeria’s Industrial Policy 2025 with a charge to relevant Ministries, Departments and Agencies (MDAs) of government to ensure speedy implementation. Tinubu, represented by Vice-President…
33 ships laden with petroleum, other commodities to arrive Lagos ports
Thirty three ships laden with petroleum products and commodities are expected to arrive Apapa, Tin-Can Island and Lekki Deep Sea Ports in Lagos from Feb. 17 to Feb. 22. The…
Nigeria inflation rate slowed to 15.10% in January – NBS
The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate stood at 15.10 per cent in January. The NBS disclosed this in its Consumer Price Index (CPI) and Inflation…
36 ships laden with petroleum, other commodities to arrive Lagos ports
Thirty six ships laden with petroleum products, commodities and other goods are expected to arrive Apapa, Tin-Can Island and Lekki Deep Sea Ports in Lagos from Feb. 17 to Feb….
Tinubu excited as BUA Group inks MoU with Abu Dhabi Ports, Mair Group
President Bola Ahmed Tinubu has commended the signing of a strategic Memorandum of Understanding between Nigeria’s BUA Group and UAE-based AD Ports Group and MAIR Group in Abu Dhabi….
18 ships discharging petroleum products, others in Lagos ports
A total of 18 ships are discharging petroleum products and other commodities at Apapa Lekki and Tin-Can Island ports in Lagos, the Nigerian Ports Authority (NPA) said on Saturday. NPA…
Tinubu meets Elumelu, discuss tax reforms, power, SMEs
President Bola Tinubu on Friday met with Mr Tony Elumelu, Chairman, United Bank for Africa (UBA) Group PLC, to advance plans for economic growth and tax reforms aimed at strengthening…
Customs unveils One-Stop Shop for customs operations in Lagos
The Comptroller-General of Customs (CGC), Bashir Adeniyi, says full implementation of the One-Stop Shop (OSS) will make customs operations paperless and significantly enhance trade facilitation. Speaking while inaugurating the One-Stop…
Oil prices drop on report that OPEC+ leaning toward resumption in oil output increases
Oil prices fell on Friday after a Reuters report said OPEC+ was leaning towards resuming oil production increases, while investor concerns softened over the risks of a U.S.-Iran conflict that…