Economy

Blackout: Former governorship candidate seeks compensation over losses by businesses

The former gubernatorial candidate of the Peoples Redemption Party (PRP), in Katsina State, Imran Jino, has called for compensation for businesses that experienced losses...

Enoh assumes office as new minister of state for industry, trade, investment

John Enoh, the new Minister of State for Industry, Trade and Investment, has expressed his commitment to driving Nigeria’s economic growth through industrial development. Mr...

We have capacity to meet Nigeria’s ‘30 million litres’ petrol demand: Dangote 

Aliko Dangote, Chairman, Dangote Refinery and Petrochemical Company, says his company has the capacity to meet the country’s local demand. “With enough supply of crude,...

Moniepoint gains unicorn status with $110 million funding round: Report

Nigerian fintech Moniepoint has achieved unicorn status after raising $110 million in a new Series C funding round led by the Development Partners International...

Nigeria consumes 50 million litres of petrol daily, says NMDPRA

The Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says the country’s daily petrol consumption currently ranges from 45 million litres to 50 million...

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