Business

NNPC Rules Out Port Harcourt Refinery Sale

The Nigerian National Petroleum Company Limited has officially ruled out the sale of the Port Harcourt Refining Company, reaffirming its commitment to completing high-grade rehabilitation and retention of the plant. ‎Group Chief Executive Officer of […]

Business

FG May Sell 11 DISCOs To New Investors

The Federal Government may sell the 11 power distribution companies through a re-privatisation process if the Electricity Act (Amendment) Bill, 2025, currently before the National Assembly, becomes law. The National Assembly has already initiated a […]

Business

EFCC Withdraws Case Against Oba Otudeko

The Economic and Financial Crimes Commission (EFCC) has formally withdrawn the 13-count charge filed before the Federal High Court in Lagos against Chief Oba Otudeko, CFR, Chairman of Honeywell Group, and three other defendants. This […]