Business

The Dangote Refinery, a $20 billion initiative led by billionaire Aliko Dangote, has commenced petrol production, marking a major achievement for Nigeria's energy sector. This…
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The Standard Organisation of Nigeria (SON) and the National Agency for Food and Drug Administration and Control (NAFDAC) have urged manufacture and importers to consult with them…
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In the parallel market, the value of the Naira on Friday decreased from N1,615 per dollar on Thursday to N1,625 per dollar. Likewise, in the Nigerian Autonomous Foreign Exchange…
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Cooking gas, often known as liquefied petroleum gas, is now priced at N1,300/kg this month, up 8.3% month over month from N1,200 in July. Similar to this, the cost of a 5 kilogram…
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Nigeria's state oil company has attributed the current fuel shortage and lengthy queues at petrol stations across the nation to inclement weather conditions. The company's…
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The festival's organizers anticipate that business owners will come from all around the world. Dan Walkovitz, Chairman of the Entrepreneurship Village and a member of the GEF…
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The Naira yesterday crashed to a record low of N1,600 per dollar in the parallel market, a significant depreciation from N1,590 per dollar last weekend. However, in a…
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Due to insufficient crude oil feedstock, the refinery has not yet begun producing gasoline even though it started operations in January 2024 and is currently producing diesel.…
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Yesterday, the federal government passed the law that will exempt certain basic food goods from value added tax (VAT) and impose a zero percent duty rate on them. The development…
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The value of the Naira increased from N1,585 per dollar last weekend to N1,580 per dollar in the parallel market yesterday. In a same vein, the Naira strengthened on the…
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