Transcorp Power board approves ₦75m salary for chair, ₦50m for directors
At its twelfth Annual General Meeting (AGM) held on Wednesday Transcorp Power Plc approved a remuneration package that sets the chairman’s salary at ₦75...
Dangote Refinery cuts petrol price to N860 as naira strengthens
Dangote Petroleum Refinery has announced a reduction in the ex-depot price of petrol, cutting it by N65 per litre from N890 to N825, effective...
BP to slash renewable investments, double down on oil and gas
BP is set to announce a major strategic shift, slashing its investments in renewable energy while ramping up oil and gas production.
The move comes...
Agriculture struggles as Nigeria’s economy expands in 2024
Nigeria’s economy recorded a stronger performance in 2024, growing by 3.4% compared to 2.74% in 2023. However, while the overall economy showed improvement, the...
NNPC, Swedish Stena Bulk and Caverton launch shipping venture
The Nigerian National Petroleum Company (NNPC) Shipping, Swedish Stena Bulk, and Nigerian Caverton Marine Limited have today announced the signing of a new joint...