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Holcim exist Nigerian, sell off cement business

Swiss cement giant Holcim has announced its exit from the Nigerian market through the sale of its nearly 84% stake in Lafarge Africa to...
Business

Peter Obi congratulates NNPC for Port Harcourt refinery revamp, urges transparency in oil sector

Peter Obi, the Labour Party’s candidate in the 2023 presidential elections, has congratulated the Nigerian National Petroleum Corporation (NNPC) for fulfilling its long-standing promise...
Business

Anambra approves tax breaks for small businesses, major infrastructure upgrades

The Anambra State government has announced a tax exemption for businesses with capitals under N100,000. This decision was among several resolutions reached during the...
Business

Port Harcourt refinery allegedly resumes operations, begins loading petrol after major renovation

The Port Harcourt Refinery has officially resumed operations following extensive renovations and modernization efforts that began in 2021. T he Federal Government secured a $1.5...
Business

Dangote refinery slashes petrol price to N970/litre, pledges quality, sustainability

The Dangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, to N970 per...
Business

Dangote sets fuel prices at N960 for ships, N990 for trucks; warns against health risks from FG cheap, substandard imports

In a statement issued on November 3, 2024, Anthony Chiejina, Chief Branding and Communications Officer of the Dangote Group, addressed recent claims by the...
Business

Investors lose N208bn in Aradel Holdings shares two days after Nigerian exchange limited listing

Investors in Aradel Holdings Plc, Nigeria’s newest publicly listed company, have suffered a loss of N208 billion just two days after its shares debuted...
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