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Category: Business

Business Economy

NNPC Ltd, Partners donate 2,300-seater ultra-modern library to Niger Delta University 

Iheanyi Ejiofor April 19, 2024 No Comments #Niger Delta University#NNPC

As part of its commitment to encourage learning and academic excellence, the Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partners in OML 18 – the Nigerian…

Read More NNPC Ltd, Partners donate 2,300-seater ultra-modern library to Niger Delta University 
Business Economy headline

NNPC Ltd, First E&P achieve 20,000bpd production at OML 85

Iheanyi Ejiofor April 19, 2024 No Comments #NNPC#OML 80

The Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partner in OML 85, First Exploration and Petroleum Development Company Limited (First E&P), have commenced oil production from…

Read More NNPC Ltd, First E&P achieve 20,000bpd production at OML 85
Business Economy headline

Report: Dangote refinery reduced diesel price due to relaxed quality controls

Iheanyi Ejiofor April 19, 2024 No Comments #Dangote refinery#Diesel

Relaxed quality controls for diesel at the Dangote refinery resulted in reduced domestic prices, S&P Global is reporting. According to a report on Thursday by S&P Global, high-sulphur diesel from…

Read More Report: Dangote refinery reduced diesel price due to relaxed quality controls
Business Economy headline

Report: Nigeria’s FX reserves drop to $32bn – lowest level in six years

Iheanyi Ejiofor April 17, 2024 No Comments #FX reserves

Nigeria’s foreign reserves fell to $32.29 billion on April 15 – the lowest level in over six years. According to the latest data from the Central Bank of Nigeria (CBN),…

Read More Report: Nigeria’s FX reserves drop to $32bn – lowest level in six years
Business Economy headline

Fidelity Bank’s customer deposits cross N4 trillion mark, posts N124.3 billion pre-tax profit

Iheanyi Ejiofor April 17, 2024 No Comments #Fidelity Bank

Fidelity Bank Plc has recorded a profit before tax of N124.3 billion for the year ended December 31, 2023, indicating a 131.5 per cent increase from N53.7 billion posted in…

Read More Fidelity Bank’s customer deposits cross N4 trillion mark, posts N124.3 billion pre-tax profit

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