Dangote Refinery secures court orders against NMDPRA
Justice Akintayo Aluko made the order on Monday while granting a motion ex parte in suit marked FHC/L/CS/1174/26, filed and moved by lawyers to the Dangote Petroleum Refinery led by Olawale Akoni, SAN.
Equities market slips by N444bn
The equities market halted its bullish run on Wednesday, posting a loss of N444 billion after renewed selloffs hit several major stocks.
CeBIH 2025 conference to chart new course in financial inclusion, consumer credit
By Babajide Komolafe The Committee of e-Business Industry Heads (CeBIH) has said that the 2025 annual conference will seek a national agenda aimed at redefining financial inclusion through a cultural transformation in Nigeria’s consumer credit system. Speaking at a press conference in Lagos ahead of the annual conference, scheduled to hold next week Tuesday and […]
New NEITI boss pushes urgent overhaul of 2007 Transparency Act
By Obas Esiedesa, Abuja Newly appointed Executive Secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI), Hon. Musa Sarkin Adar, expressed commitment to drive a comprehensive amendment of the NEITI Act 2007, describing the law as outdated and inadequate for today’s governance and compliance demands. Addressing management and staff at the agency’s Abuja headquarters, Adar, who […]
FG hails Ebenco Refinery as game-changer against illegal oil refining
By Providence Ayanfeoluwa The Federal Government has endorsed the Ebenco Global Link Limited modular refinery project in Koko, Delta State, describing it as a critical milestone in efforts to curb crude oil theft, illegal refining, and chronic supply gaps in Nigeria’s petroleum sector. Ebenco is advancing construction of its 30,000-barrel-per-day modular refinery, which the government says […]
Nigeria’s monthly trade surplus falls 35% to $1.39bn
By Babajide Komolafe Nigeria’s monthly trade surplus fell by 35 per cent, month-on-month, MoM to $1.39 billion in July from $2.14 billion in June, driven by increase in imports and slight decline in exports. The Central Bank of Nigeria, CBN, disclosed this in its Monthly Economic Report for July, which showed that total exports fell by […]
