On Monday, the Minister of State Petroleum Resources, Heineken Lokpobiri, held a crucial meeting with Aliko Dangote, Chairman and CEO of Dangote Group, to address ongoing issues surrounding the Dangote …
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The billionaire founder of South Korean internet conglomerate Kakao, Kim Beom-su, was arrested early Tuesday by a Seoul court, accused of manipulating stock prices during the acquisition of K-pop powerhouse …
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Peter Obi, the former presidential candidate of the Labour Party, has urged the Nigerian government to fully support the Dangote Refinery amid ongoing conflicts between Dangote Industries and government agencies. …
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Africa’s richest man, Aliko Dangote, has refuted claims that petroleum products from his refinery are substandard. He addressed these allegations on Saturday during a visit from the House of Representatives …
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The Central Bank of Nigeria (CBN) has mandated that all banks and financial institutions transfer dormant accounts, unclaimed balances, and other financial assets to a dedicated account established for this …
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The Central Bank of Nigeria (CBN) has projected a slight reduction in Nigeria’s external reserves in 2024. This forecast is detailed in the recently released maiden edition of its ‘Macroeconomic …
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The Management of Dangote Industries Limited has accused International Oil Companies (IOCs) of obstructing its refinery operations. In a statement released on Wednesday, the company claimed that IOCs insist on …
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Britain’s inflation rate remained steady in June, holding at 2.0 percent, the same level as in May, according to official data from the Office for National Statistics (ONS) released on …
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The International Monetary Fund (IMF) has lowered its forecast for Nigeria’s economic growth in 2024 to 3.1%, as detailed in the July 2024 World Economic Outlook report released on Tuesday. …
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US technology firm InterDigital and the patent licensing platform Avanci successfully defended against a London lawsuit filed by Tesla (TSLA.O) on Monday. The lawsuit, initiated by Elon Musk’s company in …