Local ValueJet Aircraft Slips Off Runway at Port Harcourt Airport Nov 15, 2023 0 An aircraft operated by ValueJet airline experienced a slip on the taxi turn after landing at Port Harcourt!-->…
Local Nigeria: Oil Firms Increase Gas Flaring, but Penalty Declines in H1 2023 Nov 15, 2023 0 Oil companies in Nigeria increased gas flaring in the first half of this year, with a penalty payment of N36!-->…
Local Nigeria’s Longest-Dated Bond Reopens, Oversubscribed at Record 18% Yield Nov 15, 2023 0 The reopening of Nigeria's longest-dated bond, the 2053 maturity, was oversubscribed more than three times at an!-->…
Local Saudi Arabia Cancels Visas of 18 Nigerian Passengers Over Past Offences Nov 15, 2023 0 Saudi Arabian authorities cancelled the visas of 18 out of the 177 passengers who arrived in Jeddah, Saudi Arabia,!-->…
Local BUA Plc Faces Potential Profit Slowdown Amid Forex Challenges and Increased… Nov 14, 2023 0 Nigeria's BUA Plc, a cement maker, may experience a slowdown in profit before tax due to factors such as the!-->…
Local FCCPC CEO Discusses Agency’s Transformation, Advocacy for Patient’s… Nov 14, 2023 0 In an interview with the Executive Vice-Chairman/CEO of the Federal Competition and Consumer Protection Commission!-->…
Local NNPC Facilitates Resolution in Total Energies Dispute, Oil Production Restored Nov 14, 2023 0 The Nigerian National Petroleum Company Limited (NNPC) has successfully mediated a dispute between Total Energies,!-->…
Health Michigan Healthcare Provider McLaren Confirms Cyberattack Compromised Data of 2.2… Nov 14, 2023 0 McLaren Health Care, a Michigan-based healthcare provider, has confirmed a cyberattack that compromised the!-->…
Technology Maine Government Confirms Data Breach, Over a Million Affected in Ransomware… Nov 14, 2023 0 The government of Maine has confirmed that over a million individuals had their personal information stolen in a!-->…
Crypto Crypto Venture Capital Sees Renewed Interest in Web3 Investments Nov 14, 2023 0 The crypto venture capital landscape is experiencing renewed interest in web3, crypto, and blockchain technology!-->…
Local Nigeria’s Inflation Projected to Rise for the 10th Consecutive Month to… Nov 14, 2023 0 Nigeria's headline inflation rate is projected to rise for the 10th consecutive month to 27.8% in October 2023,!-->…
Local Nigeria Senate to Consider Diaspora Voting Rights During Constitution Review Nov 14, 2023 0 The Nigerian Senate is set to consider diaspora voting rights as part of the ongoing review of the country's 1999!-->…
Local Nigeria’s Crude Oil Production Drops in October, Affecting Foreign Exchange… Nov 14, 2023 0 Nigeria's crude oil production declined to 1.56 million barrels per day (mbpd) in October, marking a 0.65% drop!-->…
Local Flaws in Off-Cycle Elections in Nigeria Threaten Democracy, Experts Say Nov 14, 2023 0 The recent off-cycle governorship elections in Bayelsa, Imo, and Kogi states in Nigeria have been criticized for!-->…
Local Number of Nigerians Studying in the United States Surges Despite Dollar Scarcity Nov 14, 2023 0 The number of Nigerians studying in the United States has reached the highest level in at least 23 years, despite!-->…
Local Naira Fails to Gain Despite 46.69% Rise in Dollar Supply Nov 14, 2023 0 Despite a significant increase in the supply of dollars at Nigeria's Autonomous Foreign Exchange Market (NAFEM),!-->…
Business Carbon Value Exchange (Cavex) Secures Seed Funding Led by E3 Capital to Scale its… Nov 13, 2023 0 Carbon Value Exchange (Cavex) has successfully closed its seed funding round, led by E3 Capital and with!-->…
Africa Blue Earth Capital Commits $20 Million to African Infrastructure Investment Fund 4… Nov 13, 2023 0 Blue Earth Capital has committed $20 million to African Infrastructure Investment Fund 4 (AIIF4), managed by!-->…
Business Emerging Africa Infrastructure Fund, PIDG, and Ninety One Commit $31 Million to… Nov 13, 2023 0 The Emerging Africa Infrastructure Fund (EAIF), along with infrastructure development organization Private!-->…
Local EIU Warns CBN Lacks Sufficient Firepower to Clear $6 Billion Forex Backlog Nov 13, 2023 0 The Economic Intelligence Unit (EIU) cautions that the Central Bank of Nigeria (CBN) lacks the necessary capacity!-->…
Local Nigeria Expects “Immediate” Multi-Billion-Dollar Investments from… Nov 13, 2023 0 Nigeria anticipates "immediate" multi-billion-dollar investment flows from Saudi Arabia after signing an agreement!-->…
Local Nigeria’s Communications Commission Stresses Internet Connectivity for SMEs,… Nov 13, 2023 0 The Nigerian Communications Commission (NCC) emphasizes the crucial role of internet connectivity in fostering!-->…
Local Nigeria Manufacturing Expo Aims to Boost Local Raw Material Sourcing Nov 13, 2023 0 The Nigeria Manufacturing and Equipment Expo (NME) and Nigerian Raw Materials Expo (NIRAM), organized by the!-->…
Local NNPC Brokers Peace Deal Between TotalEnergies and Oil Unions, Resumes 275,000 BPD… Nov 13, 2023 0 The Nigerian National Petroleum Company Limited (NNPC) announced on Sunday that it mediated a peace deal to!-->…
Local Dangote Refinery Secures License to Process 300,000 Barrels of Nigerian Crude… Nov 13, 2023 0 Aliko Dangote, Africa's richest person, announced that the Dangote refinery has obtained a license to refine more!-->…
Local KPMG Forecasts Nigeria’s Headline Inflation to Reach 30% by December 2023… Nov 13, 2023 0 KPMG predicts that Nigeria's headline inflation will escalate to 30% by December 2023, citing recent reforms such!-->…
Local Central Bank of Nigeria Affirms Legal Tender Status of All Banknotes Amidst… Nov 9, 2023 0 The Central Bank of Nigeria (CBN) has issued a statement reiterating that all banknotes, both old and redesigned,!-->…
Business China-Nigeria Bilateral Trade Volume Reaches $17.25 Billion in First Three… Nov 9, 2023 0 The Consul General of China in Lagos, Yan Yuging, has revealed that the bilateral trade volume between China and!-->…
Local Spanish Navy Renews Commitment to Collaborate with Nigerian Navy in Gulf of Guinea Nov 9, 2023 0 The Spanish Navy has expressed its dedication to working in partnership with the Nigerian Navy to address maritime!-->…
Africa Dubai’s Foreign Direct Investments in Kenya Surge to $253 Million in Five… Nov 9, 2023 0 Kenya has seen a substantial increase in foreign direct investments (FDIs) from Dubai, with the total reaching!-->…