DANGOTE REFINERY SUSPENDS SELF-COLLECTION SALES, PUSHES FREE DELIVERY SCHEME AMID INDUSTRY ROW
By Aishat Momoh. O. The Dangote Petroleum Refinery and Petrochemicals Limited has suspended self-collection gantry sales of petroleum products at its facility with effect from...
BANK OF ENGLAND HOLDS INTEREST RATE AT 4% AMID STUBBORN INFLATION AND WEAK GROWTH
Agency Report The Bank of England (BoE) on Thursday kept its benchmark interest rate unchanged at 4 percent, citing persistent inflation pressures despite the UK’s...
OWODE ONÍRIN MARKET SHOOTING: DEATH TOLL RISES TO SIX AS FAMILIES DEMAND JUSTICE
By Aishat Momoh. O. The death toll from the August 27 police shooting at the Owode Onírin Spare Parts Market in Lagos has climbed...
CSOS BACK DANGOTE REFINERY, THREATEN COURT ACTION AGAINST NUPENG OVER ‘ECONOMIC TERRORISM’
By Aishat Momoh. O. A coalition of civil society organisations (CSOs) has declared support for Dangote Petroleum Refinery in its ongoing dispute with the...
CBN ORDERS BANKS TO SECURE APPROVAL FOR MD/CEOS’ SUCCESSORS SIX MONTHS BEFORE EXIT
The Central Bank of Nigeria (CBN) has instructed all Domestic Systemically Important Banks (DSIBs) to announce the successors of their managing directors and chief executive...
UPDATE: UBA CONFIRMS FIRE INCIDENT AT BROAD STREET BRANCH, SAYS HEAD OFFICE UNAFFECTED
By Aishat Momoh. O. The United Bank for Africa (UBA) has confirmed a fire outbreak at a building on Broad Street, Lagos Island, which...
FIRE ENGULFS AFRILAND TOWERS IN LAGOS ISLAND, RESCUE OPERATIONS UNDERWAY
By Aishat Momoh. O. A fire broke out on Monday at Afriland Towers, a six-storey building housing a branch of the United Bank for...
DANGOTE UNVEILS 4,000 CNG TRUCKS, DENIES MONOPOLY CLAIMS
By Aishat Momoh. O. The President of Dangote Group, Aliko Dangote, on Monday unveiled 4,000 Compressed Natural Gas (CNG) trucks in Lagos, dismissing allegations...
ELON MUSK BUYS $1bn IN TESLA SHARES
CEO Elon Musk bought about $1 billion worth of shares in Tesla, according to a regulatory filing, sending the share price up six percent on...
BONNY LIGHT CRUDE PRICE SOARS TO $67 PER BARREL AMID ISRAELI STRIKE ON QATAR
BY OWOLABI OLUWADARA The price of Nigeria’s Bonny Light crude went up to \$67 per barrel from \$65 after Israel’s surprise attack on Qatar over...