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Why Crypto firm, Patricia recommence payment to customers

Patricia Technologies, a Nigerian crypto platform, has commenced the repayment of customers after suffering a cyberattackThe company said the repayment process demonstrates its commitment...
Business

Marketers reveal the reason for crash in petrol landing cost

The Major Energy Marketers Association of Nigeria (MEMAN) has disclosed that the landing cost of petrol significantlyThe association stated that petrol landing cost dropped...
Business

Experts reveal why the proposed N20 billion for auto credit is insufficient

Stakeholders in the auto industry have said the proposed N20 billion under the credit corp scheme for locally-assembled cars is too littleThey disclosed that...
Business

Why Seplat wants to revive 400 oil wells after acquiring ExxonMobil assets

Nigerian oil firm Seplat Energy has expressed plans to revive 400 oil wells abandoned by Mobil Oil Producing Unlimited NigeriaThe company disclosed this after...
Business

Another new airport reveals date to begin full operations

The Nigeria Civil Aviation Authority (NCAA) has approved the Ekiti-Agro Alloed International Cargo Airport to begin non-scheduled flight operationsA statement from the state government...
Business

Revealed: Why NMDPRA is clamping down on illegal gas dealers

The Nigerian Upstream and Downstream Petroleum Regulatory Authority (NMDPRA) has started clamping down on illegal retailers in Akwa Ibom StateThe agency’s Coordinator, Ikechukwu Eseka,...
Business

See the top 5 African countries Nigeria imported from in 2024

Nigeria imported goods worth N512.56 billion from other African countries, while it exported far greater value of N2.486 billionData from the National Bureau of...
Business

Revealed: Why Dangote Refinery is exporting petrol to Cameroon

The Dangote Refinery has struck a deal with Neptune Oil to export petrol to Cameroon, a major step in energy integrationThe companies described the...
Business

Why Nigerian banks imposed new cash withdrawal limits

Commercial banks have imposed new cash withdrawal limits for over-the-counter withdrawals and in ATMsThe banks told their customers they could only withdraw N10,000 over...
Business

Marketers reveal plan to begin lifting Port Harcourt Refinery petrol

Petrol prices have crashed in recent weeks from N1,200 per litre to N1,025 as competition grows in the marketMajor marketers have drastically crashed their...
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