Business News

IPMAN: Marketers will cut petrol prices when new stock arrives

By Abubakar Yunusa   The Independent Petroleum Marketers Association of Nigeria (IPMAN) says filling stations across the Federal Capital Territory (FCT) will begin reducing petrol...

DataPro identifies key factors behind credit rating downgrades

Mariam Abeeb   DataPro Limited, a leading Nigerian data-driven credit rating agency, has identified the major factors that can trigger credit rating downgrades, stressing that...

NNPC profit plunges 48% to N279bn as oil sales, output fall

The Nigerian National Petroleum Company Limited recorded a 47.9 per cent drop in profit after tax to N279bn in July 2026, down from N535bn...

Dangote backs Tinubu reforms, says Nigeria’s economy gaining momentum

President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has commended the Federal Government for implementing what he described as bold economic...

Dangote’s vessel plan can revive Nigeria’s shipping industry – Olubowale

A former President of the African Shipowners Association, Captain Ladi Olubowale, has backed Dangote Group’s plan to acquire vessels for distributing its products across...

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