BUSINESS & FINANCE

Shell Petroleum B.V. has signed an agreement to sell its entire interest in the Shell Nigeria Gas Group to Vaaris Energy Limited, a Nigerian energy company, marking a change in...

Petrol prices have increased at MRS and other filling stations in Abuja and surrounding areas, with some retailers raising their pump prices over the weekend. A market survey cited by...

Former Nigerian President Olusegun Obasanjo has accused French cement company Lafarge of putting obstacles in Aliko Dangote’s way during his efforts to succeed in cement production. Obasanjo made the remarks...

President of Dangote Group, Aliko Dangote, has attributed protests surrounding his proposed $16 billion refinery in Lamu, Kenya, to what he described as opposition from local petroleum marketers and international...

Former President Goodluck Jonathan has commended the progress of the Azikel Refinery project in Yenagoa, Bayelsa State, describing the facility as an important part of the emerging industrial development of...

The Federal Government is in discussions with the World Bank over three proposed financing facilities worth a combined $1.5 billion, even as Nigeria’s public debt reached N166.79 trillion by the...

Air Peace has explained the recent disruption to some of its flights at the Nnamdi Azikiwe International Airport in Abuja, blaming the initial delays on the unavailability of Jet A1...

Eligible African investors, including non-Nigerians, can participate in the Dangote Petroleum Refinery IPO through Bamboo without necessarily having a Nigerian BVN or Nigerian bank account. Bamboo currently offers a Nominee...

Kenyan President William Ruto has described the Dangote Petroleum Refinery in Lagos as an example of what African governments, investors and financial institutions can achieve through collaboration. Ruto made the...

Nigeria and the United States have signed a framework agreement aimed at attracting greater American investment into Nigeria’s mining sector and developing the country’s mineral resources. The agreement was signed...