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S/Arabia Unveils Guest Speakers for 2024 Global AI Summit

Saudi Arabia has announced its lineup of headline speakers for the Global AI Summit 2024, hosted by the Saudi Data & Artificial Intelligence Authority (SDAIA). 

At Last, Dangote Refinery Commences Production of PMS

At Last, Dangote Refinery Commences Production of PMS   After over a year of its launch in May 2023, Dangote Refinery, on Tuesday, rolled out its first Premium Motor Spirit (PMS), also known as petrol, from its 650,000 barrels per day facility. At a press conference, owner...

Renewed Naira Depreciation Begins As Market Turnover Drops By 25%

Renewed Naira Depreciation Begins As Market Turnover Drops By 25% There are indications that another round of Naira depreciation has set in following renewed demand pressure amidst widening supply gap. The Naira yesterday depreciated to N1,635 per dollar in the parallel market from N1,625 per dollar...

‘Pharma Companies Cut Profit To Reduce Drug Prices’

'Pharma Companies Cut Profit To Reduce Drug Prices' Drug manufacturer, May & Baker Nigeria Plc has said pharmaceutical companies in Nigeria cut their profits to help reduce high drug prices. May & Baker CEO, Patrick Ajah, said the company increased prices only about three times since...

FG Generates $21.5bn From NLNG’s $44bn Dividend Payment In 25 Years

FG Generates $21.5bn From NLNG’s $44bn Dividend Payment In 25 Years The federal government has received about $21.56 billion of the $44 billion dividends disbursed by the Nigeria Liquefied Natural Gas Limited (NLNG) in the last 25 years, the company’s ‘Facts & Figures’ for 2024...

NNPCL May Halt Petrol Import As Depots Price Nears N1,000/Litre

NNPCL May Halt Petrol Import As Depots Price Nears N1,000/Litre The pump prices of Premium Motor Spirit, popularly known as petrol, may rise above N1,000/litre in filling stations as the cost of the commodity in some private depots has been increased to between N920 and...