Finance
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NNPCL To Hand Over Warri, Kaduna Refineries To Private Operators
The Nigerian National Petroleum Company Limited (NNPC) has announced its plan to engage reputable and credible Operations and Maintenance (O&M)…
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Burkina Faso Nationalizes Contested Gold Mines Amid Legal Settlement
Burkina Faso has taken a significant step by nationalizing two contentious gold mines following a legal dispute involving Endeavour Mining…
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Dollar to Naira Exchange Rate on Black Market Today 26th August 2024
As of August 26, 2024, the exchange rate between the US dollar and the Nigerian naira on the black market,…
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Dangote Refinery Begins Test Runs for Petrol Production, Full Operations Expected by September
The Dangote Refinery, touted as the world’s largest single-train refinery, has entered a crucial phase of its development. This facility,…
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Second Largest Diamond Ever Discovered in Botswana
Botswana has once again made headlines in the diamond industry with the discovery of a colossal 2,492-carat diamond, marking it…
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Johann Rupert Reclaims Title as Africa’s Richest Man, Overtaking Aliko Dangote
South Africa’s Johann Rupert has once again claimed the title of Africa’s richest man, edging out Nigerian billionaire Aliko Dangote…
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Tinubu’s New Presidential Jet Purchase Sparks Controversy Amid Economic Struggles
On Monday, President Bola Ahmed Tinubu embarked on a trip to France using a newly acquired presidential aircraft. This development…
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Why Food Prices in Nigeria Are Not Dropping Despite Lower Inflation Rates
Nigeria’s inflation rate has been a major talking point for both economic experts and everyday Nigerians. The recent inflation data…
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Nigeria’s Crude Oil Production Increases to 1.3 Million Barrels per Day in July 2024: OPEC’s Report vs. Government Claims
Nigeria’s crude oil production experienced a modest rise in July 2024, according to the latest data released by the Organisation…
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Nigerian Refineries’ Crude Oil Demand Rises by 24% Amid Supply Struggles: What This Means for the Sector
The demand for crude oil by Nigerian refineries, including the newly inaugurated Dangote Refinery, has surged by 24% in the…
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