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Category: Business

Business Economy headline

Dangote refinery suspends petrol loading, expectations of a price hike imminent

Iheanyi Ejiofor March 8, 2026 No Comments #Dangote refinery #Petrol

The Dangote Petroleum Refinery has halted petrol loading until further notice. Tanker drivers already queued at the facility have been instructed to leave the premises, with all operations currently paused.…

Read More Dangote refinery suspends petrol loading, expectations of a price hike imminent
Business Economy headline

Banking sector recapitalisation on course – Cardoso

Iheanyi Ejiofor March 8, 2026 No Comments #Banking sector #recapitilisation #CBN #Cardoso

The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, stated that the banking sector recapitalisation programme is progressing in accordance with the approved regulatory timetable, with activity…

Read More Banking sector recapitalisation on course – Cardoso
Business Economy headline

Nigeria announces resolution of OPL 245 oil dispute, clearing path for deepwater development

Iheanyi Ejiofor March 5, 2026 No Comments #OPL 245 #oil dispute

President Bola Tinubu has announced the resolution of a protracted dispute over Oil Prospecting Licence (OPL) 245, marking the end of a saga that has lingered for over 15 years…

Read More Nigeria announces resolution of OPL 245 oil dispute, clearing path for deepwater development
Business Economy headline

FEC approves new gratuity package for federal civil service employees

Iheanyi Ejiofor March 5, 2026 No Comments #Federal Executive Council [FEC] #Civil servants

The Federal Executive Council (FEC) has approved a new exit benefit scheme that introduces a gratuity payment for retiring officers. The approval, granted during FEC meeting in Abuja, follows recommendations…

Read More FEC approves new gratuity package for federal civil service employees
Business Economy headline

Warri, Effurun buzz with excitement as Enerhen, DSC Flyovers reach completion milestone

Iheanyi Ejiofor March 5, 2026 No Comments

Excitement is growing across Warri and Effurun as Julius Berger Nigeria Plc completes ongoing Flyovers of the Warri Roads and Flyovers project. Two of the three major bridges, Enerhen and…

Read More Warri, Effurun buzz with excitement as Enerhen, DSC Flyovers reach completion milestone

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