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Category: Business

Business Economy headline

Fidelity Bank says its public offer recorded 237% oversubscription

Iheanyi Ejiofor February 8, 2025 No Comments #Fidelity Bank

Fidelity Bank Plc on Saturday said it has concluded the first phase of its equity capital raise, recording a 237 percent oversubscription in its public offer. The development followed the…

Read More Fidelity Bank says its public offer recorded 237% oversubscription
Business Economy headline

No explosion at Warri refinery, says NNPCL

Iheanyi Ejiofor February 8, 2025 No Comments #Explosion #Warri refinery #NNPCL

Our reporter/ The Nigerian National Petroleum Company Limited (NNPC) on Friday debunked claims of an explosion at the Warri refinery. It said the Warri refinery is currently loading eight trucks…

Read More No explosion at Warri refinery, says NNPCL
Business Economy headline

IBM exits Nigeria, transfers operations to MIBB

Iheanyi Ejiofor February 6, 2025 No Comments #IBM #MIBB

International Business Machines (IBM) Corporation, an American multinational technology company, has announced plans to exit Nigeria, Ghana, and other key African markets. According to TechCabal, IBM revealed in a statement that…

Read More IBM exits Nigeria, transfers operations to MIBB
Business Economy headline

Dangote refinery exports two cargoes of jet fuel to Saudi Aramco in Saudi Arabia

Iheanyi Ejiofor February 5, 2025 No Comments #Dangote refinery #Saudi Aramco#Jet fuel

…NESG says FG Must Support Domestic Industries to Achieve a $1 Trillion Economy   Dangote Petroleum Refinery recently achieved a significant milestone by successfully exporting two jet fuel cargoes to…

Read More Dangote refinery exports two cargoes of jet fuel to Saudi Aramco in Saudi Arabia
Business Economy headline

Tinubu increases 2025 Budget to ₦54.2tn

Iheanyi Ejiofor February 5, 2025 No Comments #Budget 2025

Our reporter/ President Bola Tinubu has raised the proposed 2025 budget from ₦49.7 trillion to ₦54.2 trillion, citing additional revenues generated by key government agencies. The President conveyed the budget…

Read More Tinubu increases 2025 Budget to ₦54.2tn

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