Dangote Refinery has started selling its first batch of Premium Motor Spirit (PMS), commonly known as petrol, signaling a pivotal moment for Nigeria's petroleum industry. With a capacity of 650,000 barrels per day, this move aims to reduce the country's dependence on imported fuel, stabilize the market, and enhance energy self-sufficiency.
READ MORE
The Central Bank of Nigeria (CBN) has infused N700 billion into the merger of Unity Bank and Providus Bank. This strategic move aims to ensure financial stability and confidence within Nigeria’s banking sector. By addressing liquidity challenges, the merger is anticipated to strengthen both banks and enhance operational efficiency.
READ MORE
Nvidia has recently claimed the title of the world's most valuable company, surpassing Microsoft. The significant milestone follows a tremendous rise in Nvidia's market capitalization driven by high demand for its AI-centric GPUs, resulting in a 3.5 percent increase in stock price.
READ MORE
by