The Central Bank of Nigeria (CBN) has issued a bombshell directive to all commercial banks, ordering them to immediately blacklist…
Browsing: Business
Our Business category delivers insights into entrepreneurship, startups, corporate news, finance, and economic trends in Nigeria. Summit Nigeria focuses on opportunities, challenges, and success stories that empower businesses and individuals.
Nigeria’s petroleum sector has entered a dramatic new era with the Federal Government suspending petrol imports entirely, handing Dangote Refinery…
The Minister of Aviation and Aerospace Development, Festus Keyamo has suspended the full cashless system at Nigerian airports, announcing instead…
Japan will release strategic oil reserves as early as Monday, March 16, to ease pressure on gasoline and other energy…
President Bola Ahmed Tinubu has directed the Presidential Initiative on Compressed Natural Gas (PiCNG) to immediately deploy about 100,000 compressed…
The Dangote Petroleum Refinery has announced a reduction in the ex-depot prices of petrol and diesel, signaling potential relief for…
Iran has threatened to halt all oil exports from the Gulf region as its conflict with the United States and…
The Dangote Petroleum Refinery has increased its ex-depot price for petrol, raising concerns among industry stakeholders that pump prices in…
The Anambra State Government has announced the recovery of ten oil wells that were previously credited to Delta State, a…
The Federal Airports Authority of Nigeria (FAAN) has rolled out a suite of cashless payment options at airport access gates,…