Otedola asks top First Bank official to resign over ‘wasteful party’
The global head of marketing and corporate communications at First Bank, Folake Ani-Mumuney, has been asked to step down by Femi Otedola, chairman of the bank’s holding company, TheCable reported…
NSIB launches investigation into FlyBird aircraft incident
The Nigerian Safety Investigation Bureau has initiated an investigation into a serious incident involving a FlyBird HS 125 aircraft, registration number 5NKAL. The aircraft, which was traveling from Nnamdi Azikiwe…
NGX gains N18.2trn despite economic challenges, rising interest rates
The Nigerian equities market has demonstrated resilience, with the Nigerian Exchange Limited listing N8.1 trillion worth of shares from January to November 2024, despite the economic downturn and higher interest…
Crude prices rise after Syrian president’s regime collapse
Oil prices rose on Monday amid heightened uncertainty in the Middle East following the fall of Syrian President Bashar al-Assad's regime. Brent crude increased by 36 cents to $71.48 per…
Avoid publicly sharing account numbers, Moniepoint MD warns Nigerians
The Managing Director of Moniepoint Microfinance Bank, Babatunde Olofin, has warned Nigerians about the risks of sharing their account numbers publicly, particularly during the festive season. He noted that fraudsters…
Telecoms sector suffers $99m foreign investment decline in Q3 – NBS
Foreign investments in Nigeria's telecommunications sector plummeted from $113.42 million in Q2 2024 to $14.4 million in Q3 2024, representing an 87% decline, according to the National Bureau of Statistics.…
Oando boosts oil production by 50%
Oando Plc reported a nearly 50% increase in its crude oil production over the past three months. This surge follows its acquisition of the Nigerian Agip Oil Company from Eni…
FG to prioritize digital skills training for unemployed youths – Minister
The Minister of State for Labour and Employment, Nkeiruka Onyejeocha, stated that the federal government's priority is to speed up the training and empowerment of unemployed youths in digital skills…
Marketers start direct petrol loading from Dangote refinery
The Independent Petroleum Marketers Association of Nigeria has started lifting Premium Motor Spirit from the Dangote Petroleum Refinery. This comes after an agreement between IPMAN and the refinery was reached…
Keyamo blasts FCCPC for Air Peace pricing statement
The Minister of Aviation and Aerospace Development, Festus Keyamo, criticized the Federal Competition and Consumer Protection Commission for publicly questioning Air Peace's pricing practices. He argued that the FCCPC should…
Brent crude prices drop to $71 as Saudi Aramco cuts prices
Global oil prices, tracked by Brent futures, have fallen to $71 per barrel, remaining below the $75 threshold after Saudi Arabia's state-owned oil giant, Aramco, implemented deeper-than-expected price cuts for…
Chappal Energies completes $1.2bn acquisition of Equinor Nigeria oil asset
Chappal Energies has successfully finalized the acquisition of Equinor Nigeria Energy Company, a subsidiary of Norway’s Equinor ASA. The deal, first announced in 2023, was completed on December 6, 2025,…
