Nigerian National Petroleum Company Limited (NNPC Ltd) and FIRST Exploration and Petroleum Development Company Limited (FIRST E&P) Joint Venture has announced the commencement of oil production from the Madu Field in Oil Mining Lease (OML)…
With the 33 per cent Year-To-Date rise in the All-Share index, operators have bemoaned the negative 12 per cent return on investment recorded by the banking sector, ranking it as the worst performing on the nation's bourse presently.
Nigeria is still importing about 100 per cent of the needed 50 million litres of premium motor spirit (PMS) five months after the “technical completion” of the Port Harcourt refinery and one year after the commissioning of Dangote Refinery.
The Federal Government has signed what it termed “the Aso Accord for Economic and Financial Inclusion” with states and other key stakeholders in the private sector as part of efforts to deliver financial services at an affordable cost to…
MTN Nigeria’s (MTNN) shareholders have registered their displeasure about the company’s recent actions and how they affect their investment stakes. The firm had, in recent weeks, come under fire among other concerns over its decision to…
Ahead of a major decision against Single-use Plastic Products (SUPP) in December, the International Air Transport Association (IATA) has urged airlines, regulators, and other operators to start preparing for life without those cabin…
To boost Africa’s climate resilience capability, a leading advocate for climate resilience and sustainable development, Climate Action Africa (CAA), has announced the opening of applications for the Deal Room at the 2024 Climate Action…
Dana Air has announced that it is processing refunds for flights affected by its suspension by the Nigeria Civil Aviation Authority (NCAA).The Minister of Aviation and Aerospace Development, Festus Keyamo, had directed the NCAA
United States authorities on Thursday alleged that Nigeria's 2023 general election was marred by different irregularities. US Department of State in a report on human rights practices said instances of voter suppression and violence were…
Member, House of Representatives for Yagba Federal Constituency, Leke Abejide, has sought humanitarian support from the National Emergency Management Agency (NEMA) for victims of rainstorm disaster in Isanlu, Iyamerim and Odo Ere…
The Federal Competition and Consumer Protection Commission (FCCPC) has said the recent price increases in MultiChoice cable subscriptions will be looked into by relevant stakeholders. Acting CEO of FCCPC, Adamu Abdullahi, disclosed to…
The Lagos State Government has refuted claims that Governor Babajide Sanwo-Olu announced an increment in the minimum wage to N70,000. Lagos State Commissioner for Information, Gbenga Omotoso, disclosed this in a statement on Thursday.…
Agboola Ajayi, a former deputy governor to the late former Governor Oluwarotimi Akeredolu, has clinched the ticket of the People's Democratic Party (PDP) after emerging as the winner of the party's primaries on Thursday. Ajayi, who will be…
To encourage voters to turn out in elections, companies in Bengaluru have offered free beers and transportation to voters. President of the hotel association PC Rao told the Bangalore Mirror newspaper, "Different hotels and restaurants…
A key witness in the criminal trial of Donald Trump detailed Thursday how he worked with the former president's personal lawyer to kill a Playboy model's story about a sexual relationship with the Republican.
The Chief of Naval Staff (CNS) Vice Admiral Emmanuel Ogalla has said he is extending the duration of a special operation launched to combat crude oil theft in the Niger Delta region dubbed Operation Delta Sanity by another 90 days. The…
Lagos State Commissioner for Basic and Secondary Education, Mr. Jamiu Alli-Balogun, on Thursday, said the government has shut down 12 private schools for safety infractions and illegal operations. Speaking at the ongoing annual ministerial…
Dana Air has announced that it is processing refunds for flights affected after it was suspended by the Nigeria Civil Aviation Authority (NCAA). The Minister of Aviation and Aerospace Development Festus Keyamo directed the NCAA to suspend…
Turkey's central bank held its key interest rate steady on Thursday but warned it could hike it again as the country's soaring inflation remains a headache for President Recep Tayyip Erdogan's government. The central bank's monetary policy…
Four scam victims in Japan sued Facebook on Thursday after being hoodwinked by fraudulent online investment ads that used images of celebrities without their consent, their lawyer said.
US Secretary of State Antony Blinken called Thursday on the United States and China to manage their differences "responsibly" as he landed in Beijing for tough talks with the rival power's leaders.
US far-right conspiracy website Gateway Pundit is filing for bankruptcy, its founder said Wednesday, as it battles a string of lawsuits alleging it promoted misinformation related to the 2020 election.
Data sourced from the Central Bank of Nigeria (CBN) suggest the economy may be relapsing to cash hoarding again a year after the chronic currency scarcity even as the proportion of currency in circulation that is held outside the banking…
President Bola Tinubu and President of the Senate, Godswill Akpabio, have promised to give fresh direction to the justice sector in the country through a holistic overhaul.
The probe instituted by the Kaduna State House of Assembly against former Governor Nasir el-Rufai has begun, as the lawmakers directed the Ministry of Finance to supply documents relating to financial transactions between May 29, 2015 and…
A joint committee of the House of Representatives has summoned the Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, to appear before it on May 8 over a probe on environmental degradation…
Chief Executive Officer, Corona Schools Trust Council (CSTC), Mrs Adeyoyin Adesina, has emphasised the need to align education with global standards and family values.
Rising concerns over the enormous powers of the Chief Justice of Nigeria (CJN) underscore the exigency for holistic reform of the Nigerian justice system.
President of the Commonwealth Association of Tax Administrators (CATA) and chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has called for increased capacity building to enhance tax administration processes among…
National oil companies in Africa, financiers and global players, yesterday in Cape Town, South Africa moved to unlock barriers to existing oil and gas projects across the continent amid a $1.5 trillion investment portfolio.