The Managing Director and Chief Executive Officer of Arthur Stevens Asset Management Limited, Olatunde Amolegbe, has said that Nigeria’s capital market has been one of the few bright spots in …
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Godwin Emefiele Appeals Against Government’s Seizure of 753-Unit Abuja Estate
Former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has taken a fresh legal step to challenge the government’s control of a large housing estate in Abuja. Emefiele has filed …
- DevelopmentHealthcareNigeriaOil & Gas
NNPC/Heirs Energies Launch Free Medical Outreach for Over 4,500 Residents in Rivers State
The NNPC/Heirs Energies Joint Venture (JV) OML 17 Host Communities Development Trust (HCDT) has kicked off a large-scale medical outreach in Port Harcourt, Rivers State, targeting over 4,500 residents across …
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Dangote Refinery Cuts Nigeria’s Fuel Imports, South Africa Becomes Africa’s Biggest Petroleum Product Importer
Nigeria has lost its position as Africa’s largest importer of refined petroleum products after the Dangote Petrochemical Refinery ramped up operations earlier this year. According to a new report by …
- AfricaInternational RelationsNigeriaTechnologyTransportation & Logisitics
Cargoplug Co-founder Kikelomo Fola-Ogunniya Highlights Tech-Driven Logistics as Key to Trade Efficiency Between UK and Nigeria
Kikelomo Fola-Ogunniya, co-founder of Cargoplug, has shared how innovative shipping APIs, end-to-end tracking, and a customer-first approach are revolutionising cross-border logistics between the UK and Nigeria. In a recent interview, …
- DevelopmentGOVERNMENTInfrastructureNigeria
House of Reps Approves ₦1.81tn 2025 FCT Budget, Majority Allocated to Capital Projects
The House of Representatives has approved the sum of ₦1.81 trillion as the 2025 budget for the Federal Capital Territory (FCT), following the bill’s successful passage at the third reading …
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Delta State Records 90% Surge in Internally Generated Revenue as Governor Oborevwori Boosts Public Service and Infrastructure
Governor Sheriff Oborevwori of Delta State has announced a remarkable boost in the state’s Internally Generated Revenue (IGR), which surged from N83 billion in 2023 to N158 billion in 2024. …
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Bayelsa Host Communities Threaten Shutdown Over Security Vessel Contract Dispute with NNPC Subsidiary
Tension is rising again in Bayelsa State’s coastal oil-producing areas, as eight host communities have issued a seven-day ultimatum to NNPC Exploration and Production Limited (NEPL) over disputes surrounding the …
- EconomyEnvironmentGOVERNMENTLabourNigeria
Lagos Government Pays Over N70bn Pension to Nearly 21,000 Retirees in Six Years
The Lagos State Government has announced that it has disbursed a total sum of ₦70.19 billion as accrued pension rights to 20,956 retirees across various government sectors since the beginning …
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FG’s Series VII Sovereign Sukuk Records ₦2.21tn Oversubscription, Shows Growing Investor Confidence
The Federal Government of Nigeria has recorded massive investor interest in its latest Sovereign Sukuk, with the Series VII attracting over ₦2.21 trillion in subscriptions. This figure, announced by the …