Business News
Nigeria’s Oil Production Falters Despite Decade of Rig Expansion
Abuja, Nigeria — Nigeria’s oil production has slowed in recent months despite a decade-long increase in the number of drilling rigs, raising questions about the efficiency of investments in the…
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Akpabio Reject Acting President Claims, Insist Tinubu Still in Charge
Senate President Godswill Akpabio has firmly rejected claims that he is Nigeria’s Acting President during…
NAFDAC Places Mofus Nigeria Products on Watchlist Amid Probes
The National Agency for Food and Drug Administration and Control (NAFDAC) has placed products manufactured…
NBA Urges Politicians to Embrace Legal Channels, Reject Violence
The Nigerian Bar Association (NBA) has urged political actors in Kaduna State to seek legal…
Madagascar Arrive in Nigeria Ahead of AFCON 2027 Match
Madagascar’s national football team has arrived in Nigeria ahead of their crucial AFCON 2027 qualifier…
Lasted Business News
Power Crisis: REA Boss Says 85 million Citizens Lack Electricity
The Managing Director of the Rural Electrification Agency (REA), Ahmad Salihijo Ahmad, has revealed that more than 85 million Nigerians…
NEC Approves $4.5bn Project Gazelle 2 to Refinance Earlier Facility
The National Economic Council has approved the refinancing of the $3.3 billion Project Gazelle Pre Export Finance Facility through a…
Otedola’s FirstHoldco Stake Consolidation Continues Amid Banking Rally
Lagos State - Femi Otedola's continued acquisition of FirstHoldco shares, which pushed his total stake in the company to about…
NNPCL Deploys Over 1,000 Young Professionals After Internship Programme
The Nigerian National Petroleum Company Limited has deployed more than 1,000 young professionals into its workforce after they successfully completed…
Otedola Acquires Additional N222bn FirstHoldco Shares, Now Controls 26%
Lagos State - Femi Otedola, Chairman of FirstHoldco, parent company of First Bank, has bought an additional 1.779 billion shares…
Naira Holds Steady Near N1,379 Per Dollar
Lagos State - The naira remained broadly stable against the United States dollar on Friday, with only marginal movements recorded…
Naira Trades Near N1,370 Per Dollar Amid Stable Weekend Session
Lagos State - The naira continued to trade within a relatively narrow range against the United States dollar this week,…
Dangote Refinery Completes $2.5bn Private Equity Placement
Lagos State - Dangote Petroleum Refinery and Petrochemicals has completed a $2.5 billion private equity placement, in a transaction that…
