News Reports Ibadan residents throng IBEDC office, govt secretariat, protest 10-year power outage June 24, 2024
News Reports Nigeria’s electricity customers rose to 12.3 million in Q1 2024 – NBS by Mary Izuaka June 24, 2024 On a year-on-year basis, the statistics office said customer numbers in Q1 2024 rose by 9.47 per cent from 11.27... Read more
News Reports Nigerian minister presents gold bar to Tinubu, says transaction will boost foreign reserves by Mary Izuaka June 23, 2024 Mr Alake explained that the programme, which aims to increase the country’s reserves and boost the value of the naira,... Read more
News Reports Nigeria Govt to curb begging, extortion at airports soon – Keyamo by Abdulkareem Mojeed June 23, 2024 The minister said he is working with other agencies to address activities of begging and extortion across airports in the... Read more
Headline Stories Dangote Refinery accuses International Oil Companies, NMDPRA, of sabotage by Premium Times June 23, 2024 Dangote says IOCs are plotting against its refinery while NMDPRA is granting licences for importation of dirty fuel Read more
News Reports OB3 gas pipeline to be completed August – NNPC by Mary Izuaka June 23, 2024 “I am very happy and convinced that, by the middle of August, we will complete this project. I have been... Read more
News Reports African travel, tourism market to reach $38 billion in 2028 – Wakanow GCEO by Mary Izuaka June 23, 2024 Mr Adedeji explained that a huge potential in the African travel market has remained untapped Read more
More News Food Inflation: ACCI calls on Nigerian govt to mitigate crisis by Mary Izuaka June 23, 2024 “The government must take decisive action to mitigate this crisis and alleviate the suffering of the populace," Mr Obegolu said Read more
News Reports UPDATED: NIMC says data not compromised despite rogue sites selling Nigerians’ data by Folashade Ogunrinde June 22, 2024 A cyber security expert explained that while the data of unsuspecting visitors to certain sites could be easily harvested, it... Read more
News Reports Court orders final forfeiture of over N11b properties linked to Emefiele by Augustine Abu June 22, 2024 The EFCC alleged that Emefiele used proxies, including two current and one former CBN staff, to acquire the properties. Read more
News Reports NERC approves N21 billion for DisCos to meter electricity customers by Mary Izuaka June 22, 2024 According to the commission, the order takes effect from 13 June, and may be amended or revoked by subsequent Orders... Read more
More News AKK Gas pipeline project to be ready in Q1 2025 – NNPC by Mary Izuaka June 22, 2024 “We are confident this project will be delivered by the first quarter of 2025," Mr Kyari said Read more
More News Data Breach: Paradigm Initiative uncovers website selling personal data of Nigerians by Folashade Ogunrinde June 22, 2024 “When these regulations are flouted, citizens’ privacy, economic stability, personal safety and financial security are compromised,” a cyber security expert... Read more
Headline Stories Nigeria’s debt stock hits N121 trillion by Agency Report June 21, 2024 The Debt Management Office (DMO) also gave reasons for Nigeria's debt stock surge. Read more
Headline Stories Otedola regains position as FBN Holdings’ top shareholder by Ronald Adamolekun June 21, 2024 Mr Otedola racked up 863.2 million of the lender’s shares in two different transactions on Thursday, according to regulatory filings... Read more
News Reports NNPC, TotalEnergies sign investment decision on Ubeta field by Mary Izuaka June 20, 2024 The milestone, according to NNPC Ltd, is in line with President Bola Tinubu’s presidential executive order on oil and gas... Read more
Business Heineken sells majority stake in Champion Breweries to new investor by Ronald Adamolekun June 20, 2024 Champion Breweries is to be incorporated as a flagship subsidiary within EnjoyCorp’s growing portfolio of food, Beverage and hospitality brands,... Read more
Business From Societe Generale to Heritage Bank: I almost committed suicide – Customer by Mary Izuaka June 20, 2024 “I was traumatised and the journey began. I almost committed suicide,” Mr Bayo said. Read more
News Reports First Bank announces appointment of managing director, others by Ronald Adamolekun June 20, 2024 The appointments followed the approval of the board and the Central Bank of Nigeria, FBN Holdings said in a regulatory... Read more
Headline Stories Nigeria’s Digital Economy recorded minimal growth in Tinubu’s first year as president by Folashade Ogunrinde June 20, 2024 In his manifesto, under a segment titled 'The Digital Economy: Taking Advantage of The Fourth Industrial Revolution', Candidate Tinubu highlighted... Read more
News Reports Oil Block Licencing: NUPRC extends deadline for pre-qualification registration by Agency Report June 19, 2024 The NUPRC says the registration and submission of pre-qualification documents, initially scheduled to close on 25 June, has been extended. Read more
More News Reopening of Lagos-Kano railway line, major rebound for economy – Group by Agency Report June 18, 2024 “The resumption of transport operations on the Lagos-Kano railway route would drastically reduce the rising cost of food,” the group... Read more
Headline Stories Pope Francis rallies global leaders to support debt relief for poor countries by Oladeinde Olawoyin and 1 others June 18, 2024 Pope Francis lamented that a “poorly managed globalisation" has deprived millions of people of a “dignified future.” Read more
Democracy How staff members react to closure of Heritage Bank by Fortune Eromosele June 16, 2024 Since 3 June, when the CBN announced the closure of Heritage Bank, many employees of the liquidated bank have expressed... Read more
Headline Stories EXCLUSIVE: Otedola, Zenith Bank opt for out-of-court settlement by Ronald Adamolekun June 16, 2024 The Federal High Court of Nigeria, Lagos Division, dismissed the case on Thursday on receiving a notice of discontinuance from... Read more
Headline Stories Bad loans, controversial acquisition, other issues behind Heritage Bank’s liquidation by Ayodeji Adegboyega June 15, 2024 According to the CBN, "The Board and Management of the bank have not been able to improve the bank’s financial... Read more