Wednesday, February 5, 2025
type here...

Business

Economy

ExxonMobil Announces Commitment to Stay in Nigeria

Mfon Ekanem -
Shane Harris, the Managing Director of ExxonMobil Nigeria, has decisively stated that the company is not exiting Nigeria despite speculations arising from the oil firm's proposed divestment of its entire interest in Mobil Producing Nigeria Unlimited to Seplat Energy...
Business

Chinese Investor Takes Control of Nigerian Government Properties in the UK

Mfon Ekanem -
Two Nigerian government-owned properties in the United Kingdom are currently under threat of acquisition by a Chinese investor, Zhongshan Fucheng Industrial Investment, following a legal order granting the investor enforcement rights over a $70 million investment treaty award against...
Business

Nigeria: Dangote Refinery Accuses International Oil Companies and NMDPRA of Sabotage

Emeka Udeh -
In a striking accusation, Devakumar Edwin, Vice President of Oil and Gas at Dangote Industries Limited (DIL), has alleged that International Oil Companies (IOCs) in Nigeria are actively undermining the success of the Dangote Oil Refinery and Petrochemicals. According...
Business

Central Bank Reports Drop in Headline Inflation

Mfon Ekanem -
The Central Bank of Nigeria (CBN) has announced a significant development in the nation's economic landscape: Nigeria’s headline month-on-month inflation rate has decreased for the third consecutive month in May 2024. This trend marks a notable success in the...
Economy

Nigeria: May Sees a 70.12% Increase in Cooking Gas Prices, Reports NBS

Emeka Udeh -
In May 2024, the average retail price of refilling a 5kg cylinder of Liquefied Petroleum Gas (LPG), commonly referred to as cooking gas, surged by 70.12% compared to the previous year, reaching N7,418.45 from N4,360.69 in May 2023, as...
Business

Alebiosu Confirmed as First Bank’s CEO, Ini Ebong as deputy MD

Emeka Udeh -
First Bank of Nigeria (FBN) Limited has recently confirmed the appointment of Olusegun Alebiosu as its substantive managing director (MD) and chief executive officer (CEO). This significant development was disclosed in a statement filed with the Nigerian Exchange Limited...
123Page 3 of 3
- Advertisement -spot_img

Latest News

AviationNWN Editor -

Bodies recovered from Potomac River after plane, helicopter collision

Rescue teams combed the icy waters of Washington’s Potomac River on Thursday in an urgent search for survivors after...
- Advertisement -spot_img

Links

Stay connected

Newsletter Signup

- BUY A COPY & MORE -spot_img

© 2024. News Watch Network | All rights reserved.