Seplat Energy’s $1.28 Billion Acquisition of Exxon Mobil’s Assets Receives Federal Approval
The federal government has officially sanctioned Seplat Energy's acquisition of Exxon Mobil's onshore assets, a deal valued at $1.28 billion....
Ore Bridge Collapses Amid Flooding on Shagamu-Benin Expressway
The Ore Bridge, located along the Shagamu-Benin Expressway, has collapsed due to severe flooding in the area. The incident occurred...
National Grid Collapses Again, Leaving Nigeria in Darkness
In a significant setback for Nigeria's power supply, the National Grid has collapsed once again, resulting in a complete blackout...
Former NBA President Olisa Agbakoba Declares EFCC an Unlawful Organization in Letters to National Assembly
Olisa Agbakoba, SAN, a former President of the Nigerian Bar Association (NBA), has claimed that the Economic and Financial Crimes...
Aliko Dangote’s Wealth Soars Amid Controversies Surrounding New Refinery
Aliko Dangote, the Nigerian billionaire and founder of the Dangote Group, has reached unprecedented wealth levels, now valued at $27.8...
Nigerian Banks Face Heavy Fines for Regulatory Violations
Regulatory bodies have penalized ten Deposit Money Banks for breaching foreign exchange rules and other regulations, resulting in a total...
Lagos Governor Addresses Minimum Wage and Economic Challenges
During a recent interview on Channels Television's "Politics Tonight," Governor Babajide Sanwo-Olu discussed critical issues facing Lagos State, including transportation,...
Netflix Faces Slowdown in Subscriber Growth as Password Sharing Crackdown Effects Diminish
Netflix is poised to announce its slowest subscriber growth in 18 months, with the initial boost from its password-sharing crackdown...
Maiduguri Airport Gains International Status, Boosting Economic Opportunities
The Muhammadu Buhari Airport in Maiduguri, Borno State, has officially been upgraded to international status, with operations set to commence...
September 2024 Sees Jump to 32.70% Amid Rising Petrol Prices
Nigeria's inflation rate surged to 32.70% in September 2024, up from 32.15% in August, reflecting a month-on-month increase of 0.55%....
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