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Worry as NCAA acting DG tenure expires
There is growing tension among staff and management of the Nigeria Civil Aviation Authority (NCAA) and the!-->…
Reps summon NNPC, Agip, NUPRC, others over alleged $72m diversion
The House of Representatives Committee on Public Petitions has summoned the managing director and senior!-->…
Ekpo Woos Canadian Businesses, Investors to Nigeria’s Gas Sector
Nigeria's Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, emphasized the necessity of global!-->…
Adrian Wood Returns to Nigeria, Moves to Rebrand Ntel with Fresh Investors
Adrian Wood, former CEO of MTN Nigeria, has re-entered the Nigerian telecom industry as the new Chief Executive!-->…
New Report Says Nigeria’s Liquefied Natural Gas Expansion Drive Faces Severe…
Nigeria's ambitious plans to expand its Liquefied Natural Gas (LNG) projects, including the notable Train-7!-->…
Universities Scotland says 20% decline in int’l student market reduces subsidized…
Universities Scotland has raised alarms over the potential 20% reduction in international student numbers, warning!-->…
Nigerian Box Office set to hit N10 billion revenue in FY2024
The Nigerian box office is on track to reach an unprecedented N10 billion in revenue from cinema ticket sales and!-->…
NEPZA Offers Duties Waiver, Tax Holiday To Startups In Free Trade Zones
The Nigeria Export Processing Zones Authority (NEPZA) has announced new measures aimed at retaining foreign!-->…
Amid $12bn Loss To Cyberattacks, Financial Stakeholders Decry Rising Threats
Financial experts have urged for innovative solutions to counter the escalating threat of cyberattacks, aiming to!-->…
Wemabod gets new MD
Wemabod Limited has announced a leadership transition with the appointment of Bashir Oladunni as the new Managing!-->…
LBS, Stanbic IBTC Advocate Corporate Sustainability
Lagos Business School (LBS) and Stanbic IBTC Holdings emphasized the need for businesses to integrate!-->…
Import duty: FG summons 80 private jets owners over operating papers
The Nigerian Customs Service (NCS) has launched a new initiative aimed at cracking down on operators of!-->…
Dangote refinery achieves double Nigeria’s 11-yr power output
Over the past eleven years, Nigeria has only managed to add 760 megawatts (MW) to its national grid, increasing!-->…
Murray-Bruce, Omokri support Fidelity Bank, urge Nigerians to buy its stock
Former Senator Ben Murray-Bruce and ex-presidential aide Reno Omokri have both expressed strong endorsements for!-->…
Nigeria’s FX reserves stablise at $33.16bn amid inflation surge
Nigeria's foreign exchange (FX) reserves have demonstrated remarkable stability, holding firm at $33.16 billion,!-->…
Changan posts 3.29% rise in May sales, gets more popular in Nigeria
Chinese automaker Changan Automobile reported a modest increase in May sales. According to a production and sales!-->…
FG sets 9-month timeline for 2024 oil block licensing round
In a significant shift from previous practices, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has!-->…
Growth Stack wins tech award
Growth Stack has been honored as Africa’s most trusted software development company of the year by the African!-->…
SEC Chief Warns on Risks of Innovation at Capital Market Summit
Emomotimi Agama, Director General of the Securities and Exchange Commission (SEC), has urged stakeholders in!-->…
Rubicola Partners NGX, ACCA On Sustainability, Climate Risk Disclosures
In an effort to enhance corporate transparency and sustainability in Nigeria, Rubicola Consulting has partnered!-->…
SAHCO grows gross profit to N8.19bn
Skyway Aviation Handling Company (SAHCO) Plc announced a substantial growth in its gross profit, reaching N8.195!-->…
Recapitalisation: Wema Bank Gets Approval For N40bn Rights Issue
Wema Bank has announced the successful conclusion of the first tranche of its recapitalisation exercise, securing!-->…
Nigeria’s Eurobond Issuance Plans Remain Uncertain
Nigeria's planned Eurobond issuance has left investors and market players in uncertainty as authorities have not!-->…
NDIC Lists Heritage Bank Assets for Sale Nationwide Following License Revocation
The Nigeria Deposit Insurance Corporation (NDIC) has announced the sale of Heritage Bank's assets nationwide!-->…
Minister Unveils Nigeria’s Largest Syringe Manufacturer
Dr. Tunji Alausa, the Minister of State for Health and Social Welfare, has called for collaboration among!-->…
Minimum wage: Our agreement with FG is N250,000 – NLC, TUC
The Organised Labour has firmly stated that the only agreement it recognizes with the Federal Government regarding!-->…
NNPCL Calls For Establishment Of Special Court Over Crude Oil Theft
Mr. Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC), has called on!-->…
Money market funds grow by 14% in 5 months
In the first five months of 2024, Nigeria's money market funds saw a significant increase of 14%, driven by!-->…
Aiteo-Nembe Dispute Threatens Nigeria’s Oil Production
Nigeria's daily crude oil production, which currently stands at 1.5 million barrels per day, is at risk of!-->…
Company Income Tax Reduced By 12% In Q1
Nigeria's Company Income Tax (CIT) revenue fell to N984.6 billion in the first quarter of 2024, marking a 12.87!-->…