BUSINESS

Meta Unveils Massive AI Data Centre in Alberta with C$13bn Investment

Meta has announced plans to invest C$13 billion (about $9.17 billion) in the construction of its first data centre in Canada, marking a significant...

Fidelity Bank Deepens Support for Oil, Gas Sector with SNEPCo Contractor Finance Facility

Fidelity Bank Plc has reinforced its commitment to Nigeria’s oil and gas sector through its participation in the $3 billion Contractor Finance Facility launched...

NNPC Seals $20bn Gas Deals, Cuts Costs by $3.4bn as Oil Production Hits Five-Year High

  The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bayo Ojulari, has disclosed that the company signed gas sale and purchase agreements valued...

Nigeria Faces Looming Lubricant Shortage as Global Base Oil Supply Tightens

  Nigeria could experience a shortage of lubricants in the coming months as tightening global supplies of base oil and rising international prices continue to...

New Vehicle Import Levy Takes Effect, Dealers Raise Green Tax Concerns

The Federal Government has implemented its revised vehicle import levy, reducing charges on imported new and used vehicles to lower import costs and ease...

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