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Business
Holcim sells entire 83% stake in Lafarge, finalise moves to exit Nigeria
A Swiss building materials company, Holcim, has agreed to sell its Nigerian business to Huaxin Cement Ltd., a Chinese firm.
The…
CBN launches new website today
The Central Bank of Nigeria (CBN) says it will launch its new website on Monday, December 2nd, 2024 (today).
In a statement on…
CBN Governor addresses ATM cash scarcity, tells customers what to do from…
The Central Bank of Nigeria (CBN) has threatened to impose fines on erring banks over non availability of cash for withdrawals at…
Port Harcourt refinery yet to begin bulk sales- NNPCL
The Nigeria National Petroleum Company Limited (NNPCL) has clarified that the Port Harcourt Refining Company (PHRC) has not yet…
PH Refinery: ‘Crass display of ignorance,’ NNPC counters claims…
The Nigerian National Petroleum Company (NNPC) Limited says it did not load old stock of petroleum products from the rehabilitated…
Naira appreciates to N1,740/$ in parallel market
The Naira strengthened yesterday, appreciating to ₦1,740 per dollar in the parallel market, an improvement from ₦1,745 per dollar…
‘Buy 2 million litres at N970 per litre,’ Dangote Refinery…
The Dangote Petroleum Refinery has put out a piece of advertisement asking customers to buy “high quality petrol” from its plant…
5 International companies that exited Nigeria in 2024
Year 2024 marked a challenging year for Nigeria's business landscape, as a wave of international companies chose to exit the…
CBN fixes $100,000 minimum trade for banks on forex platform
The Central Bank of Nigeria (CBN) has announced a minimum trade value of $100,000 for interbank foreign exchange (FX) trading via…
Port Harcourt refinery operating at 70% capacity, to blend 1.4m litres of…
The Nigerian National Petroleum Company (NNPC) Limited says the rehabilitated old Port Harcourt refinery is currently operating at…