business

Business News

Financial Experts Divided as CBN Slashes Benchmark Interest Rate to 23%

Financial Experts Divided as CBN Slashes Benchmark Interest Rate to 23% Mixed reactions have trailed the Central Bank of Nigeria’s (CBN) historic decision to slash its benchmark interest rate by 350 basis points, bringing the Monetary Policy Rate (MPR) down from 26.5 percent to 23 percent. While the apex bank defended the aggressive monetary easing […]

Business News

Aliko Dangote Explains Why He Prefers to Be Known as a Creator of Wealth for Others

Aliko Dangote Explains Why He Prefers to Be Known as a Creator of Wealth for Others Billionaire industrialist and President of Dangote Group, Aliko Dangote, has declared that he wants to shed the title of “Africa’s richest man,” shifting his legacy toward becoming a catalyst for widespread wealth creation across the continent. Dangote made the […]

Business News

NNPC Steps Up Gas Supply to CNG Operators to Crash Transportation Costs Amid Rising Petrol Prices

NNPC Steps Up Gas Supply to CNG Operators to Crash Transportation Costs Amid Rising Petrol Prices In a strategic move to cushion the biting economic effects of recent petroleum price hikes, the Nigerian National Petroleum Company Limited (NNPC Ltd) has announced major measures to increase gas allocation and distribution to Compressed Natural Gas (CNG) operators […]

Business Issues News

Fresh Hardship Looms Across Nigeria as Petrol and Diesel Prices Spike Following Dangote Gantry Review and Global Oil Surge

Fresh Hardship Looms Across Nigeria as Petrol and Diesel Prices Spike Following Dangote Gantry Review and Global Oil Surge Nigerians are grappling with a fresh wave of economic anxiety as retail petrol and diesel prices climb steeply across the country, compounding cost-of-living pressures for households and businesses alike. The latest price adjustments trace back to […]

Business News

Global Leaders Rally Behind Dangote Refinery IPO to Democratize Continental Wealth and Empower Everyday Citizens

Global Leaders Rally Behind Dangote Refinery IPO to Democratize Continental Wealth and Empower Everyday Citizens A powerful wave of international and pan-African backing has coalesced around the proposed Initial Public Offering (IPO) of the Dangote Petroleum Refinery and Petrochemicals, with global leaders hailing the move as a historic turning point for economic sovereignty and wealth […]