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Jonathan NwokporAliko Dangote, the chairman of the Dangote Group, has declared that his $20 billion, 650,000 barrel-per-day refinery in Lagos will reduce fuel prices as it lowers the cost of diesel
Read MoreJonathan NwokporThe Dangote Refinery has said that the revised date for supplying Premium Motor Spirit (fuel) to the Nigerian market will be July 10–15, 2025. Dangote Group President Aliko recently revealed
Read MoreJonathan NwokporThe National Sovereign Wealth Investment Authority, or NSWIA, currently holds the N50 billion Presidential Infrastructure Development Fund, or PIDF, which the Minister of Budget and Economic Planning, Atiku Bagudu, claims
Read MoreJonathan NwokporThe Nigerian National Petroleum Company Limited (NNPC Ltd) has said it is shocked by the news that it overstated its requests for subsidies by N3.3 trillion. NNPC guarantees that its
Read MoreJonathan NwokporAliko Dangote, chairman of the Dangote Group, has calmed doubters, according to Senate President Godswill Akpabio, by finishing the 650,000 barrels per day (bpd) petroleum refinery. During a Saturday tour
Read MoreJonathan NwokporDepositors at Heritage Bank have been reassured by the Nigerian Deposit Insurance Corporation that there is no need to fear as the bank is currently repaying deposits. This was revealed
Read MoreJonathan NwokporThe Central Bank of Nigeria denied reports that, following the licence revocation of Heritage Bank, it intends to revoke the licences of further banks. In a statement on Tuesday, CBN’s
Read MoreJonathan NwokporWith immediate effect, the Central Bank of Nigeria, or CBN, has reversed its prohibition on accepting new clients that was imposed on five well-known fintech companies: Paga, OPay, Kuda, Palmpay,
Read MoreJonathan NwokporAccording to Olayemi Cardoso, governor of the Central Bank of Nigeria, an assistant pastor led the charge in establishing Islamic banks in Nigeria. Cardoso revealed this last weekend at an
Read MoreJonathan NwokporThe Central Bank of Nigeria (CBN) announced that Heritage Bank’s banking licence had been revoked. According to Mrs. Hakama Sidi Ali, Ag. Director of Corporate Communications, the revocation was carried
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