Nigeria recorded N7.5 trillion trade surplus in the second quarter of 2025 (Q1’25). This represents a 52 percent quarter-on-quarter (QoQ) rise when compared to N5.17 trillion recorded in Q1’25. The National Bureau of Statistics, NBS, disclosed this today in its Foreign Trade in Goods Statistics Report for Q2’25 released on its X handle. According…
The Department of State Services, DSS, has summoned the management of Dangote Refinery and Petrochemicals and the Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, to an emergency meeting following rising tension over an alleged breach of an agreement on workers’ right to belong to the union of their choice. Loveth.com.ng gathered that the…
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has protested what it described as Aliko Dangote’s anti-union agenda in Nigeria’s oil and gas sector. This was stated in a joint statement signed by Mr Williams Akporeha, National Executive President, and Mr Aflabi Olawale, Secretary General of the union on Friday in Abuja. The…
The Nigerian National Petroleum Corporation (NNPC) Limited has announced the appointment of two senior executives to lead its communications and stakeholder engagement efforts. Mr. Andy Odeh has been named Chief Corporate Communications Officer, while Mrs. Morenike Adewunmi will serve as Chief Relations Officer. The appointments, confirmed by the company on Monday, signal a renewed focus…
Union Bank of Nigeria has announced the successful completion of its merger with Titan Trust Bank Limited, following final approval from the Central Bank of Nigeria (CBN). This milestone, according to a statement from the bank’s Chief Brand and Marketing Officer, Olufunmilayo Aluko, concludes a process that began with the signing of a share sale…
The refinery management flatly disputed allegations that its production line was idle or that truck loading operations had been suspended in a statement released by Group Chief Branding and Communications Officer, Anthony Chiejina. The Dangote Petroleum Refinery is fully operational. There has been no shutdown, nor has there been any suspension of truck loading activities,”…
