Femi Otedola Set to Recieve $17m from Geregu Power Plant
Nigerian billionaire Femi Otedola is set to receive a substantial final dividend exceeding $17 million from his…
FCTA Lists Embassies Owing $5.3 Million in Ground Rent
The Federal Capital Territory Administration (FCTA) in Abuja, Nigeria, has published a list of 43 embassies and…
Russia Warns the West Over Asset ‘Theft’
Russia issued a stern warning to the West on Tuesday, cautioning that Moscow would respond firmly if the United…
Sweden Anticipates Approval for NATO’s Membership- Minister
Sweden's Foreign Minister, Tobias Billstrom, expressed optimism on Wednesday regarding Hungary's anticipated…
Russia Halts Annual Payments to Arctic Council- Reports
Russia has halted its annual payments to the Arctic Council until substantive work resumes with the participation…
SSR Mining Suspends Gold Mine Production
Gold miner SSR Mining suspended production at a mine in eastern Turkey following a landslide that occurred on…
India and United Arab Emirates Enter Trade Partnership
India and the United Arab Emirates (UAE) signed a significant agreement on Tuesday concerning a trade corridor…
Elon Musk’s SpaceX Fined $3,600 by U.S.
Elon Musk's SpaceX was fined $3,600 by U.S. worker safety officials this month following an accident at its site…
OpenAi Founding Member Leaves Microsoft
Andrej Karpathy, a prominent artificial intelligence researcher and founding member of OpenAI, announced his…
FG Engages US in Investigation of Chopper Crash Involving Nigerian CEO
The Nigerian government has initiated discussions with the United States regarding the investigation into a tragic…
Shell Completes Crude Oil Supply to Port Harcourt Refinery
The Shell Petroleum Development Company of Nigeria Limited has announced the successful completion of the supply…
Access Holdings Appoints Bolaji Agbede as Acting CEO Following Herbert…
Access Holdings Plc has swiftly responded to the unexpected passing of its former Group Chief Executive Officer,…
UK Officials Seek Investment Opportunities in Nigeria
The UK Minister for Business and Trade, Kemi Badenoch, alongside the Prime Minister’s Trade Envoy to Nigeria,…
Nigeria’s Renewable Energy Drive Receives Boost with Launch of DART 3.0…
Nigeria's efforts to enhance its energy supply through renewable sources received a significant boost with the…
Hardship Increases over high Prices of Cooking Gas and Diesel
Nigerian households and businesses face increasing challenges due to the rising costs of essential resources such…
Cadbury Shareholders Approve Conversion of Loan to Equity
At a General Meeting held in Lagos, shareholders of Cadbury Nigeria Plc endorsed the conversion of an outstanding…
Money Lenders Endorses FCCPC Measures Over Digital Lending
The Money Lenders Association (MLA) has voiced its support for the Federal Competition and Consumer Protection…
Access Holdings CEO Herbert Wigwe Feared Dead in Helicopter Crash
Tragedy struck as a helicopter carrying Herbert Wigwe, the Chief Executive Officer of Access Holdings, crashed in…
Dangote Refinery Among World’s Top 8 Largest Refineries
Nigeria's Dangote Refinery, boasting a production capacity of 650,000 barrels per day, has earned a prestigious…
Bank of Industry to Administer N200bn Fund to Buisinesses
The Federal Government has entrusted the Bank of Industry (BOI) with a N200 billion fund aimed at bolstering…
Export Sales Increases by 77% Amid Forex Reform
Three major players in Nigeria's consumer goods industry - Unilever Nigeria Plc, Cadbury Nigeria Plc, and Okomu…
Court Orders FG to Fix Prices of Petrol, motorcycles, Others
A Federal High Court in Lagos has directed the Nigerian government to set prices for essential commodities,…
FG Vows Effective Implementation of Pension Reforms
The Director-General of the Bureau of Public Service Reforms (BPSR), Mr. Dasuki Arabi, has provided assurance that…
TotalEnergies’ Akpo West Field to Increase Output
Nigeria is poised to witness a rise in condensate production by 14,000 barrels per day, following the commencement…
Customs Forecasts Revenue Surpassing N5.079 Trillion
The Comptroller-General of the Nigerian Customs Service (NCS), Adewale Adeniyi, has expressed confidence in the…
NNPCL SpendS N267 Billion To Curb Insecurity
The Nigerian National Petroleum Company Limited (NNPCL) reportedly allocated a substantial N267.98 billion for…
Benin Republic’s Dollar Bond Oversubscribed, Raises $750m
Benin Republic successfully issued its first-ever dollar-denominated bond, raising a substantial $750 million. The…
Tullow Oil To Plan Temporary Halt in Ghana Drilling Operations
Tullow Oil, in collaboration with its Joint Venture Partners, is gearing up for a temporary suspension of drilling…
Foreign Exchange: Market Records $584m Increase
The official Nigeria Autonomous Foreign Exchange Market witnessed a substantial boost, reaching $584 million in…
Nigerians’ Foreign Expenditure Hits $98 Billion in a Decade
According to recent data released by the Central Bank of Nigeria (CBN), Nigerians have spent over $98 billion on…