Dangote Urges Direct Sourcing of Fuel from New Refinery Amid Supply Concerns
Aliko Dangote, Chairman of Dangote Group, called on petroleum marketers, including the Nigerian National Petroleum Company Limited (NNPC), to obtain...
FBN Holdings Launches Significant Capital Raise Through Rights Issue to Bolster First Bank of Nigeria
FBN Holdings Plc has kicked off a substantial capital raise via a rights issue, proposing nearly 6 billion new shares...
Pick n Pay Exits Nigeria as Part of Restructuring Strategy
South African grocery retailer Pick n Pay has announced its exit from the Nigerian market by selling its 51% stake...
Dangote Cement Invests Over $280 Million in Clean Energy Initiatives
Dangote Cement Plc has announced a significant investment exceeding $280 million (approximately ₦460 billion) in compressed natural gas (CNG) technology...
Call for Replacement Aircraft for Vice President Following Safety Concerns
The Speaker of the Borno State House of Assembly, Rt. Hon. Abdulkarim Lawan, has raised alarm over the safety of...
UK Embraces Spooky Season as Clocks Fall Back for Autumn
THe UK officially marks the start of the spooky season with the end of British Summer Time (BST). In the...
Ondo State Assumes Control of Electricity Market Following NERC Transition
Effective October 22, 2024, Ondo State has officially taken control of its electricity market as oversight by the Nigerian Electricity...
FirstBank Clarifies Misleading Reports, Assures Customers of Seamless Banking Operations
FirstBank has issued a statement to address a misleading report circulating in the media regarding a system upgrade. The bank...
No Deadline Set for Circulation of Old Naira Banknotes, CBN Clarifies
The Central Bank of Nigeria (CBN) has responded to widespread rumors regarding the legal status of the old series of...
President Tinubu Implements Stricter Measures to Cut Governance Cost
President Bola Tinubu has announced new directives limiting the number of vehicles and security personnel for Federal Government officials. Effective...
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