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NEWS

Burna Boy emerges first African artiste to hit two billion streams in UK

Grammy Award winner, Burna Boy, has become the first African artiste to hit the two billion streams mark in the United Kingdom. The “Twice as Tall” crooner was presented with a Brit Plaque at his sold-out show at Koko Camden in London on Monday night, in recognition of the feat. This milestone came barely a few weeks after he was presented with a Brit 1 billion streams plaque at his […]

todayJuly 17, 2024 11

BUSINESS

Discos make N1tn amid grid crisis, unmetered customers hit 5.8m

Despite the persistent epileptic power supply nationwide, revenue generation by electricity distribution companies in Nigeria surged to N1.1trn within the 12 months of 2023, a new report has revealed. The figure represents an increase of N234.4bn or 28.2 per cent from the N831bn generated by the power firms over a similar period in 2022. This latest data was disclosed in the electricity report released by the National Bureau of Statistics […]

todayApril 2, 2024 17

BUSINESS

Dangote refinery: Diesel, JetA1 hit market January, petrol delayed

The Dangote Petroleum Refinery is set to start producing Automotive Gas Oil, also known as diesel, and JetA1 or aviation fuel in January 2024, while the production of Premium Motor Spirit, popularly called petrol, is being delayed by the supply of crude oil in installments. It was gathered on Sunday that the facility would require a minimum of six million barrels of crude oil to kick-start the full production of […]

todayDecember 11, 2023 53

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