President of Dangote Group, Aliko Dangote, has unveiled plans to expand into steel production, electricity generation and port development as part of a broader ambition to accelerate industrialisation across Africa.…
Read More Dangote targets steel, power, ports in new industrial pushCategory: Business
Domestic airlines fault FCCPC over price fixing claims
The Airline Operators of Nigeria (AON) has criticised the Federal Competition and Consumer Protection Commission (FCCPC) over its interim report, which alleges an airfare hike by domestic airlines. The AON…
Read More Domestic airlines fault FCCPC over price fixing claimsBanking sector recapitalisation on course – 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 – CardosoDangote refinery to supply 65m litres of petrol daily
…Exports 20m Litres Surplus In a landmark shift for Nigeria’s downstream petroleum sector, Dangote Petroleum Refinery & Petrochemicals will supply between 60 and 65 million litres of Premium Motor Spirit…
Read More Dangote refinery to supply 65m litres of petrol dailyCBN reduces interest rate to 26.50%
The Central Bank of Nigeria has cut the interest rate by 50 basis points to 26.50 percent from 27 percent. Nigeria’s apex bank announced this during its 304th Monetary Policy…
Read More CBN reduces interest rate to 26.50%
