South Korean Consortium Finalizes Deal to Build Four Refineries in Nigeria
A consortium of investors from South Korea has finalized a deal with the Nigerian government to construct four new refineries,...
Petrol Prices Surge to N1,030 per Litre as NNPC Ends Exclusive Agreement with Dangote Refinery
Petrol prices at various outlets of the Nigerian National Petroleum Company Limited (NNPC Ltd) have surged to N1,030 per litre...
Nigeria Invests N1 Billion Monthly in Power Supply for Airports
Nigeria currently spends approximately N1 billion each month on power supply for its major international airports in Lagos and Abuja....
Nigeria and Brazil Take Steps Toward Direct Flights
The Honourable Minister of Aviation and Aerospace Development, Festus Keyamo SAN, has initiated high-level discussions with Carlos Garcete, the Brazilian...
Federal Government to Supply 400,000 Barrels of Crude Oil Daily to Dangote Refinery
The Federal Government is set to deliver up to 400,000 barrels of Nigerian crude oil daily to the Dangote refinery...
Government Approves Construction of Airstrip at Canaanland
The Federal Government has officially approved the construction of an airstrip at Canaanland, the headquarters of the Living Faith Church,...
CBN Introduces Electronic Foreign Exchange Matching System to Transform FX Market
The Central Bank of Nigeria (CBN) has announced the launch of an Electronic Foreign Exchange Matching System (EFEMS), set to...
Nigeria Takes Historic Leap as Crude Oil Sales Commence in Naira
Nigeria has officially initiated the sale of crude oil and refined petroleum products in Naira. Announced by the Honourable Minister...
Bill Gates Falls Out of Top 10 Richest Individuals in the world
Bill Gates has fallen to 13th place on Forbes' 2024 billionaires list, marking the first time in over three decades...
Mark Zuckerberg Surpasses Jeff Bezos to Become World’s Second-Richest Person
Mark Zuckerberg has officially ascended to the position of the world’s second-richest individual for the first time, surpassing Jeff Bezos...
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