Business

Stock Market Opens November Down in Profit Booking as Investors Lose N245.9 Billion – Tribune Online

The Nigerian stock market started the week on a negative note as profit-taking and weak investor sentiment dragged the NGX All-Share Index (ASI) down 0.25 percent to close at 153,739.11 basis points on Monday. The decline reduced year-to-date performance to...

Tinubu’s economic reforms essential for Nigeria’s growth —Okpebholo – Tribune Online

Edo State Governor, Senator Monday Okpebholo, has commended President Bola Tinubu for his bold economic reforms, visionary policies and development programs which he said are reshaping national governance and development. Governor Okpebholo noted that the federal government's support to the...

Manufacturers clamor for exorbitant fines and threats of factory closures – Tribune Online

The country's manufacturers have described exorbitant fines imposed on members and persistent threats of factory closures by state agents as evidence of overregulation and policy inconsistency by the government. The Director General of the Manufacturers Association of Nigeria (MAN), Segun...

Dangote refinery ensures constant supply of diesel and PMS – Tribune Online

…delivers 45 million liters of gasoline and 25 million liters of diesel per day Dangote Petroleum Refinery has reaffirmed its commitment to ensure a constant and uninterrupted supply of Premium Motor Spirit (PMS) and Automotive Diesel (Diesel) throughout the country,...

Plateau government and Chinese company seal N13 billion water project – Tribune Online

The Plateau State Government has signed a contract worth N13.7 billion with a Chinese company, China Geochemical Company (CGC), for the rehabilitation of the Laminga and Yakubu Gowon dams. During the signing ceremony at the Government House, Little Rayfield, Jos,...

Nigerians to pay N100-200 more per liter for petrol as FG approves 15% import tax – Tribune Online

•Analysts warn of more difficult times Nigerians are bracing for another round of economic hardship following President Bola Tinubu's approval of a 15 per cent import duty on petrol and diesel, a move that analysts warned could push up prices...

Transfer mining rights to states, former presidential aide urges FG – Tribune Online

Former Presidential Aide and Legal Adviser to the Cross River State Anti-Illegal Mining Task Force Committee, Chief Okoi Obono-Obla, has called on the Federal Government to transfer control of minerals and mining from the Exclusive List to the Concurrent...

What we are doing to get Nigeria’s refineries back up and running: NNPC’s Ojulari – Tribune Online

The Group Chief Executive Officer (GCEO) of Nigerian National Petroleum Company Limited (NNPC Ltd.), Eng. Bashir Bayo Ojulari, has sure Nigerians that the company is taking deliberate steps to fully restore operations at the country's three major refineries located...

CBN clarifies foreign exchange data of $1.26 billion, denies direct allocation to oil marketers – Tribune Online

The Central Bank of Nigeria (CBN) has refuted media reports suggesting that it disbursed $1.259 billion to major oil traders for the importation of refined petroleum products and related items. In a statement issued by its Director of Corporate Communications,...

Stock market drops 0.1% as bank stocks drag market lower – Tribune Online

The Nigerian stock market started the week on a bearish note, reversing earlier gains as profit taking in major banking stocks affected overall performance. The Nigerian Stock Exchange (NGX) All-Share Index (ASI) fell 0.10 per cent to close at 155,496.15...

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Honda Capital’s financial platform helps Honda Group deepen its brand influence in the Nigerian automotive and motorcycle market.

  Synergy Between Digital Financial Services and Industry Drives Long-Term Growth Honda Capital Financial Platform (HCFP) is an emerging financial platform...