Business

Dangote Refinery Gives Update On When Petrol Will Hit Local Market

Dangote Refinery has reaffirmed that its Premium Motor Spirit (PMS), commonly known as petrol, will be available on the market by August. Anthony Chiejina, the...

Nigerian Billionaire Arthur Eze Signs Venezuela Gas Deals

Nigerian billionaire Prince Arthur Eze has reached an agreement to acquire stakes in several major undeveloped gas fields off the coast of Venezuela. Read Also: Why...

Why Some Heritage Bank Depositors Haven’t Been Paid – NDIC

The Nigeria Deposit Insurance Corporation (NDIC) has announced that 82.36% of the insured depositors of the now-defunct Heritage Bank have been reimbursed following the...

Why International Oil Companies Are Divesting From Nigeria – Elumelu

Nigerian businessman Tony Elumelu has attributed the divestment of International Oil Companies (IOCs) from Nigeria to oil theft. In a recent interview with the Financial...

BREAKING: NDIC Gives N5m Each To Defunct Heritage Bank Customers

The Nigeria Deposit Insurance Corporation (NDIC) has announced that it has disbursed N5 million each to 82.36% of the total customers of the defunct...

Why Shell Refused Nigeria’s Refinery Deal – Obasanjo

Former President Olusegun Obasanjo has disclosed that his administration's proposal to partner with Shell Plc for the management of Nigeria’s refineries was turned down...
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