Category: Business

Dangote Refinery crashes ex-depot price of PMS to N890
In a bold move to drive economic relief for Nigerians, Dangote Petroleum Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS), common [...]

Ebun Okubanjo resigns from Bento Africa amidst fraud allegations
Ebun Okubanjo, CEO of Bento Africa, formerly known as Verifi.ng has resigned amidst allegations of failing to remit taxes and pensions on behalf of it [...]

Low crude supply mars Naira-for-Crude scheme
There is a raging concern that the Naira-for-Crude initiative, which ensures local refineries receive crude oil in Naira and sell refined products to [...]

Glitz, glamour takes centre stage as THISDAY Newspaper celebrates 30th anniversary
The much anticipated 30th anniversary of THISDAY Newspapers took place on Monday at the prestigious Eko Convention Centre, Victoria Island, Lagos.The [...]

Glo Festival of Joy Promo Draw held in Oyo
Telecommunications giant, Globacom, has held a draw in Ibadan to select new winners in its ongoing loyalty reward promo, Festival of Joy.
The event, [...]

Dangote set to buy 12m barrels of crude oil from US for refinery operations
The Dangote Petroleum Refinery is awaiting up to 12 million barrels of crude oil from the United States. The refinery resorted to crude importation as [...]

Court orders Standard Chartered Bank to pay customer N2.973bn in damages
A Federal High Court sitting in Lagos, has awarded a total sum of N2,973 billion against Standard Chartered Bank Nigeria Limited, for negligence.
T [...]

Zenith bank obtains regulatory approval for N350bn raised in hybrid offer
Zenith Bank Plc has raised a total of N350.4 billion through its recently concluded hybrid Rights Issue and Public Offer.
In a statement released t [...]

Zenith Bank reinforces commitment to staff wellbeing through pay raise, promotions
One of Africa’s leading financial institutions, Zenith Bank has reaffirmed its dedication to employee welfare by announcing the promotion of over 4,00 [...]

Glo Festival of Joy: Winners receive Toyota Prado, Picanto, other prizes in Abuja
Joyful winners in the ongoing Glo Festival of Joy promo received their prizes at a special presentation ceremony held by Globacom at its Aminu Kano Cr [...]