Global energy firm Shell has announced the appointment of Mrs. Elohor Aiboni, as the Managing Director of its Nigeria deep-water business, Shell Nigeria Exploration and Production Company Limited (SNEPCO).

The Dangote Cement has posted a Profit After Tax (PAT) of N191.6 billion, after a tax charge of N89.6 billion in its unaudited results for the half year ending on June 30.

FBN Holdings Plc has posted a profit before tax (PBT) of N45.2 billion in its unaudited financial results for the half year (H1) ended June 30.

The Management of the Benin Electricity Distribution Company (BEDC) on Thursday criticised the rising cases of vandalism of electricity infrastructure across its franchise states in Edo, Ondo, Delta and Ekiti.

The Central Bank of Nigeria (CBN) on Thursday says it will start immediate refund of capital deposit to Bureaux de Change (BDC) promoters with pending applications.

The Federal Airports Authority of Nigeria (FAAN) says the Aviation industry will need relief and financial intervention from the Federal Government to recover from the COVID-19 effect.

The Nigerian Electricity Regulatory Commission (NERC) says it is proposing to impose fines on Electricity Distribution Companies (DisCos) for wrongfully disconnecting customers from power supply.

The International Monetary Fund (IMF) has retained Nigeria’s 2.5 percent economic growth forecast for 2021.

The Nigerian Naira fell significantly against the U.S. dollar at the parallel market on Wednesday noon, a day after the Central Bank of Nigeria (CBN) said it would no longer sell forex to Bureau De Change operators.

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday retained the Monetary Policy Ratio at 11.5 per cent for the sixth consecutive time.

Ride-hailing platform, Bolt, has launched an on-demand cash withdrawal option for its drivers to provide early access to cash earned on the platform from cashless payment methods and other earnings.

The Nigerian Ports Authority (NPA) says it is expecting 21 ships laden with petroleum products, food items and others from July 27 to Aug. 5.