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Businessman accuses ‘fake’ agency DG of N400m contract

  • 5th August 2026

EFCC freezes Osun government account

  • 5th August 2026

FG to clear outstanding wage awards before mid-August

  • 5th August 2026

NIS denies suspending passport services in Kano

  • 5th August 2026

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Businessman accuses ‘fake’ agency DG of N400m contract scam

Business

EFCC freezes Osun government account

Business

FG to clear outstanding wage awards before mid-August

Business

SpaceX revenue jumps 92% as Starlink, AI deals drive

Tech

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Anambra bans advertisement of herbal medicine
Business

Anambra bans advertisement of herbal medicine

Anambra State has declared all open advertising of herbal medications to be unlawful. The Punch reported that the state’s commissioner for information, Sir Paul Nwosu, revealed this in a statement on Saturday. Nwosu added that the state government had mandated that before any herbal drug advertisements could be seen in any public place or media […]

Why diesel prices may not reduce in Nigeria - Experts
Oil and Gas

Diesel nears N900/liter in Lagos, other S’West states

Diesel rates have reached N867 per liter in Lagos state and N875 in other Southwest states as of today, Saturday, August 12. Nairametrics reported that this information came from industry sources that are familiar with the situation. Despite being deregulated prior to the removal of fuel subsidies, diesel prices are soaring because ex-depot prices are rising. According to sources this […]

Aradel Holdings, two others increase NASD OTC bourse by 1.13%
Business

NASD OTC securities exchanges drops 0.5%

The NASD Over-the-Counter Securities Exchange finished the week’s final trading day in the red after declining 0.5% on Friday, August 11. According to The Times, in contrast to the N1.095 trillion it quoted at the previous session, the NASD market capitalization decreased by N5.52 billion to conclude at N1.090 trillion. The NASD Unlisted Securities Index, […]

Shareholders to get N1.5bn dividend - NGX Group
Business

Companies with defined ESG strategy draw sustainable investors – NGX Official

The chief executive of the Nigerian Exchange Regulation Limited, Ms. Tinuade Awe, has urged more businesses to incorporate environmental, social, and governance into their overall business plans in order to draw in sustainable investors. According to Business Post, she emphasized the significance of listed firms’ ESG reporting being in line with their business goals, data management procedures, and […]

Fraud: FTX CEO pleads for leniency, cites fund recovery
News Tech

Bankrupt FTX CEO Sam Bankman-Fried sent to jail

Sam Bankman-Fried, one of the founders of the defunct cryptocurrency business FTX, has been imprisoned as he waits for his October 2 criminal trial to begin. He was accused of attempting to tamper with a witness not once, but twice, and the judge agreed with the federal prosecutors who argued that his bail should be […]

SNEPCo MD predicts gas scarcity by 2030
featured

SNEPCo MD predicts gas scarcity by 2030

The Managing Director of Shell Nigeria Exploration and Production Company Limited, Elohor Aiboni, forecasts a three billion cubic feet per day gas supply crisis in Nigeria by 2030. Speaking in Lagos at the Nigerian Council of the Society of Petroleum Engineers’ annual conference in 2023, Aiboni warned that despite having the largest proven gas reserves in Africa, […]

Airtel CEO earns £757,440 from share sales
Business

Airtel CEO earns £757,440 from share sales

Airtel Africa Plc notified the Nigerian investing public on Friday of it’s Chief Executive Officer, Olusegun Ogunsanya’s transaction in the Company’s ordinary shares. The transaction on the London Stock Exchange on August 4 of 666,174.760 units at £1.137 per share amounted to £757,440.70. “Ogunsanya will use the proceeds from this sale of ordinary shares to finance the […]

Rome to host Musk, Zuckerberg cage fight
News Tech

Rome to host Musk, Zuckerberg cage fight

The CEO of Tesla, Elon Musk announced on Friday that the cage match he had planned with rival billionaire Mark Zuckerberg will take place at an “epic location” with a Roman theme. Italy had previously declared it was willing to host the match. Gennaro Sangiuliano, the culture minister for Italy, stated in a statement that […]

United Capital endorses CBN's stakeholder partnership
Business

Cash outside banks drops 9.4% despite 2022 naira redesign

The Central Bank of Nigeria’s recently issued audited Financial Statement released on Thursday, discloses that the CBN lowered cash in circulation from N3,322 trillion in 2021 to N3.007 trillion at the conclusion of its 2022 fiscal year. This reflects a modest 9.4% decrease from the previous fiscal year because, in October 2022, former CBN Governor Godwin Emefiele […]

US State California uses AI to monitor wildfires
News Tech

US State California uses AI to monitor wildfires

Firemen in the US state of California are using Artificial intelligence to help them monitor, spot and prevent wildfires and disasters. More than 1,000 strategically positioned cameras are used to feed video into a machine that notifies first responders when to mobilise. A camera discovered a fire that started at 3 a.m. local time in […]

Business

Total Energies Plc reports 14.12% profit increase in Q2 2023

Total Energies Marketing Nigeria Plc published 2023 second-quarter results, revealing that pre-tax profits increased 14.12% year on year to N7.052 billion. Pre-tax profits for the first half of the year increased from N12.733 billion to N13.476 billion as a result. The noteworthy increase in revenue, which was primarily driven by the impressive development seen in […]

Crude hits $83 as Nigeria's export passes 1.4mbpd
Oil and Gas

NNPCL reports 121 cases of crude theft in one week – Report

The Nigerian National Petroleum Company Limited has recorded 121 crude oil theft incidents between July 29 and August 4, 2023. The company’s weekly Energy series, which airs on the Nigerian Television Authority Network, claimed this. The study indicates that crude theft occurrences happened in the states of Delta, Rivers, Bayelsa, and Imo. Following is a breakdown of the incidents […]

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