Business Archives

Mining Development: Fed Govt, Saudi Arabia to collaborate

The Federal Government and the Kingdom of Saudi Arabia would be collaborating to enhance the development of solid minerals in the country. The collaboration between the two countries is being…

Gong January 11, 2024

Business News Nigeria

Dangote receives one million barrels of crude, plans local supply

The management of Dangote Refinery has confirmed receiving the maiden one million barrels crude cargo. The crude was discharged at the refinery’s terminal on Thursday. In a statement on Friday,…

Gong December 9, 2023

Business News Nigeria

CBN to freeze accounts without BVN, NIN

Bank accounts without Bank Verification Number (BVN) and National Identity Number (NIN) will be frozen by the Central Bank of Nigeria (CBN) with effect from March next year. This is…

Gong December 2, 2023

Business News Nigeria

Nigeria, Germany sign 12,000mw power agreement

Nigeria and Germany yesterday signed an accelerated performance agreement aimed at expediting the implementation of the Presidential Power Initiative (PPI) to improve electricity supply in Nigeria. The signing ceremony, which…

Gong December 2, 2023

Business News Nigeria

PenCom invest N130bn pension fund in infrastructure

Pension Fund Administrators invested N130.18 billion funds under the Contributory Pension Scheme in infrastructure as of the end of September 2023. Figures obtained from the National Pension Commission on ‘Unaudited…

Gong November 27, 2023

Business News Nigeria

NNPCL to inaugurate $2.8bn AKK gas pipeline December

The Nigerian National Petroleum Company Limited has said the $2.8bn Ajaokuta–Kaduna–Kano gas pipeline project being constructed by Oilserve Limited will be inaugurated next month. Executive Vice President, Upstream, NNPC Limited,…

Gong November 15, 2023

Business News Nigeria

Renewable Energy: FG attracts $2bn investments

The Federal Government, on Sunday, announced that it attracted over $2bn in investments in the renewable energy sector over the past decade. It announced this through the Rural Electrification Agency,…

Gong October 23, 2023

Business News Nigeria

Manufacturers Association of Nigeria sack 3,567 workers, unsold goods hit N272bn

No fewer than 3,567 jobs were lost in the manufacturing sector in the first half of 2023 according to figures obtained by reporters from the Manufacturers Association of Nigeria. MAN…

Gong September 27, 2023

Business News Nigeria

OPS kicks against indefinite strike, Labour vows to shut down airports, others

The Federal Government has invited organised labour to a meeting in a last-minute bid to stop the planned October 3, 2023 nationwide strike announced by the Nigeria Labour Congress and…

Gong September 27, 2023

Business News Nigeria

Illegal Oil Refinery: Air strikes destroy over 30 sites in Rivers

Air strikes from the air component of Operation Delta Safe have destroyed no fewer than 30 active illegal oil refining sites in Cawthorne Channel and Bille, in Degema Local Government…

Gong September 17, 2023

Outrage as Adamawa LG chairmen send wives to Turkey for leadership training

Obasanjo says If I wanted a third term, I knew how to go about it

Revealed: How Tunji-Ojo transformed NSCDC into security powerhouse – Adeniyi Zion

Full Text: Tinubu’s speech reinstating Fubara as Rivers governor

Mining Development: Fed Govt, Saudi Arabia to collaborate

Dangote receives one million barrels of crude, plans local supply

CBN to freeze accounts without BVN, NIN

Nigeria, Germany sign 12,000mw power agreement

PenCom invest N130bn pension fund in infrastructure

NNPCL to inaugurate $2.8bn AKK gas pipeline December

Renewable Energy: FG attracts $2bn investments

Manufacturers Association of Nigeria sack 3,567 workers, unsold goods hit N272bn

OPS kicks against indefinite strike, Labour vows to shut down airports, others

Illegal Oil Refinery: Air strikes destroy over 30 sites in Rivers

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