Business
Explore the latest trends in business, finance, and economics. Get insights into market developments, entrepreneurial success stories, and investment tips.
-
EXCLUSIVE: Abdullahi Bashir Haske—The Billionaire in the Shadows
When billionaires in Nigeria are mentioned, names like Aliko Dangote, Femi Otedola, and Tony Elumelu dominate the conversation. Yet, there exists another class of billionaires—those who operate in the shadows, quietly amassing…
-
Etihad Oilfield Services Addresses Ownership Rumours and Misleading Reports
The Chairman of Etihad Oilfield Services, Alhaji Abdullahi Bashir Haske, has refuted a report claiming that a person named Kabir Chiroma Haske is the owner of Etihad Oilfield Ltd. In a statement…
-
Oando Secures Operatorship of Oil Block in Angola
Oando Plc, a prominent Nigerian energy solutions provider listed on both the Nigerian Exchange Limited and the Johannesburg Stock Exchange, has announced that its upstream subsidiary, Oando Energy Resources, has been awarded…
-
Canadian businessman, Kevin Offers $20 Billion to Acquire TikTok Amid U.S. Ban Threat
Canadian businessman and investor Kevin O’Leary has made a bold move by offering $20 billion to acquire TikTok from its parent company, ByteDance. Starnews NG reports that this development follows the recent…
-
BREAKING: NNPCL announces N950.22 as new petrol price
Nigerian National Petroleum Company Limited (NNPCL) has officially released estimated Pump Prices of PMS from Dangote Refinery, Based on September 2024 Pricing. According to a statement signed by Olufemi Soneye, Chief Corporate…
-
Dangote Refinery sells Petrol To NNPCL In Dollars as both parties disagree over pricing
Dangote Refinery has disclosed that it sold Premium Motor Spirit (PMS) to The Nigerian National Petroleum Company Limited (NNPCL) in dollars. Anthony Chiejina, Group Chief Branding and Communications Office of Dangote, disclosed…
-
Meet 24 Nigerian Billionaires In Oil And Gas Industry
As of August 11, 2024, Aliko Dangote, Africa’s richest person with a net worth of $12.56 billion, is advancing in various sectors. His Dangote Refinery, inaugurated on May 22, 2023, in Lekki,…
-
Dangote offers to sell refinery amid allegations of monopoly
The President of Dangote Group, Aliko Dangote, has made an offer to sell the Dangote Refinery to the Nigerian National Petroleum Corporation Limited. Speaking in an exclusive interview with Premium Times on…
-
Why We relocated Our Refinery From Olokola To Lagos – Dangote
The chairman of Dangote group of companies, Alhaji Aliko Dangote, has hinted that his Petroleum Refinery was relocated from Olokola to Lagos State because of an unresolved disagreement between his company and…
-
BREAKING: NNPCL declares State of Emergency on Oil Production
The Nigerian National Petroleum Company Limited says it has declared a state of emergency on oil production. It said this was a move towards increasing Nigeria’s crude oil production and growing its…
-
Shettima declares business clinics open in Ekiti, announces N150, 000 grant each
Ado-Ekiti—The Vice President of Nigeria, Sen.Kashim Shettima, on Thursday described President Bola Tinubu as a man who has showed zeal, commitment, knowledge and passion to improving the quality of governance in Nigeria.…
-
Zenith Bank GMD bows out today as Adaora Umeoji takes over as first female GMD
The Group Managing Director/Chief Executive Officer of Zenith Bank Plc, Dr Ebenezer Onyeagwu, has been named the Best Banking CEO of the Year in Africa at the International Banker 2024 Banking Awards…