Business

Just in: Dangote Refinery cuts the price of gasoline to N840 per liter

The Dangote oil refinery has announced a reduction in its ex-department of Premium Motor Spirit (PMS), also known as gasoline, from N880 to N840 per liter. This was confirmed Monday night by group spokesman Anthony Chiejina. Chiejina said: "The price of...

Digital services, remittances, others drive the growth of the banking sector of 39.6 percent in 2024 – Report

The Nigeria banking sector registered a strong year -on -year growth of 39.6 percent in 2024, with total assets that increased to N170.02 billion N121.8 billion in 2023. This remarkable expansion was fed by the growing entry of remittances,...

Shareholders reject the transfer of dividend not claimed to CBN

Shareholders have condemned the recent decision of the National Assembly to approve legislation that requires the transfer of all unresolved dividends of registrars of the company to accounts administered by the Bag and Securities Commission (SEC), as opened by...

GTBANK to close early branches on Monday, it's right

Guarantee Trust Bank Ltd. (GTBANK) has announced that all its branches in Nigeria closed earlier on Monday, June 30. The bank announced this in an email of the customer sent on Saturday, informing customers about temporary change in the hours...

Development of AFREXBANK Financial Exhibition to Nigeria reaches $ 52 billion

The African Export-Importation Bank (AFREXIMBANK) has committed a total sum of approximately $ 52 billion in financial exhibition for development to Nigeria. This was revealed on Friday by Mr. Wale Edun, Minister of Finance and Minister of the Economy, at...

The United States Council honors the AFDB Adesina with the Distinguished Economic Leader Award

The president of the African Development Bank (AFDB), Dr. Akinwumi Adesina, has been honored with the 2025 distinguished economic leader prize by the Corporate Council of Africa (CCA) in recognition of its exceptional leadership of decade that has remodeled...

Audit consultation: Senate fumes on the absence of NNPC

• Give 10 days ultimatum The Senate Committee on Public Accounts on Thursday granted the Nigerian National Petroleum Company Limited (NNPC) administration to appear before it to defend the problems raised on its audited financial statements covered by 2017 to...

SEC CANVASSES ADVANCED FINANCIAL INCLUSION FOR 2030

The Bag and Securities Commission (SEC) has emphasized the need for Nigeria to take advantage of its demographic dividend to advance financial inclusion through investments by 2030 or risk deepening inequality. The general director of the SEC, Dr. Emomotimi Agama,...

Shell, the Petroleum Industry Bid Osagie Okunbor addition after 39 years of service

Shell Nigeria is celebrating the president of the country Osagie Okunbor, who retires this month after 39 years of service. Interested parties in the oil and gas industry, including government officials, regulators and executive directors of indigenous and international...

No energy transition agenda can succeed if … – Adelabu

The Minister of Power, Chief Adebayo Adelabu, has said that no energy transition agenda can succeed if there is no well structured policy frame. Adelabu declared this during high -level commitments in the 2025 Africa Energy Forum in Cape Town,...

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Banks await CBN clearance as audit delays leave investors without key earnings data

Investors in some of Nigeria's largest listed banks are facing a growing information gap as delays in the completion...