Thematterspress

The long awaited $18.5 billion Africa’s biggest refinery, Dangote Petroleum Refinery and Petrochemicals, located in Ibeju Lekki free zone in...

Decades after oil exploration, Nigeria gets first private Petroleum Refinery, Petrochemicals

The first privately owned 650,000 barrels per day refinery and petrochemical plant since 1956 when Nigeria started commercialising oil and...

Consumer commission, CBN, EFCC investigate violations in money lending

Four private firms get approval to print cheques

The Central Bank of Nigeria (CBN) has released a circular authorising only four four local firms to print cheques in...

IMF detects South Sudan’s ban on dollar transactions

The government of South Sudan banned the use of the dollar in the economy as part of the conditions towards...

Soil fungus threatens banana growth in Africa

Bananas in Africa are threatened by a soil-borne fungus, Fusarium oxysporum (Foc TR4), which has caused significant losses in other...

Dangote refinery will contribute to Nigeria’s economy growth

The Chief Executive Officer of Major Oil Marketers Association of Nigeria (MOMAN), says Dangote refinery will contribute significantly to the...

Calabar Port receives 72 vessels in 5 months

Private sector to invest $3.7bn in ports’ concession

Abuja, May 19, 2023: The Infrastructure Concession Regulatory Commission (ICRC), has said the concession of three ports by the Federal...

Nigeria targets $1.2bn export capacity for every state

NEPC tasks business owners on accessing exports incentives

Sokoto, May 20, 2023: The Nigerian Export Promotion Council (NEPC) has urged Small and Medium Enterprises (SMEs) and other business...

CIBN’s revenue hits N2.06bn in 2022

Lagos, May 20, 2023: The Chartered Institute of Bankers of Nigeria (CIBN) said its revenue rose to N2.06 billion in...

10-tonne daily oil palm factory berths in Calabar