Business

Tantalizers acquires Grand Media Projects from TV veteran

  • 18th May 2025

Lagos insists on valid planning permits for all

  • 16th May 2025
UK economy hits unexpected growth

Reforms position Nigeria as emerging investment hub –

  • 15th May 2025
Ogun cargo airport to employ 25000 youths on completion - Dapo Abiodun

Mamuda Beverages invests $50m in new industrial facility

  • 14th May 2025

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Tantalizers acquires Grand Media Projects from TV veteran Tade

Business
Volkswagen resumes production after IT outage

Why we signed partnership with Volkswagen – Rivian

Tech
Nigeria’s non-oil exports rise to $1.79bn in Q1 2025 – NEPC

Nigeria’s exports to US fall over 20% in Q1

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Two dead, many injured as Mexican navy ship crashes

News

Blog

featured Oil and Gas

P’Harcourt refinery marks 180 days of uninterrupted operation 

The Petroleum Products Retail Outlets Owners Association of Nigeria has praised the Federal Government and the Nigerian National Petroleum Company Limited for successfully running the revamped Port Harcourt Refinery for 180 consecutive days. PETROAN’s National Public Relations Officer, Dr. Joseph Obele, highlighted that the refinery, which had been inactive for over two decades, was rehabilitated […]

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Senate urges NCC, telcos to review data price hike

The Senate has urged the Federal Ministry of Communications, Innovation, and Digital Economy to engage telecom operators in reviewing data and internet service costs. This follows a motion by Senator Asuquo Ekpenyong (Cross River South) on the urgent need to address rising data prices. Lawmakers largely supported the motion, highlighting concerns over affordability and digital […]

News

Reps launch probe into ₦1.24tn Sukuk road projects 

The House of Representatives has launched a probe into Sukuk-backed road projects valued at ₦1.24 trillion from 2017 to 2024. The House resolution came after adopting a motion of urgent public importance sponsored by Jonathan Gbefwi, a lawmaker from Nasarawa. As of December 2024, data from the Securities and Exchange Commission estimates this amount at […]

Trump signs executive order establishing US Bitcoin reserve
World

Trump announces 25% tariff on imported cars

United States President, Donald Trump, has announced a new 25% tariff on all imported cars. Signing an executive order, Trump stated that the tax would take effect on April 2, a date he referred to as “liberation day.” The tariffs are scheduled to take effect on April 2, though previous rollouts have faced delays. The […]

Osun resubmits state's nomination for bank role, challenges CBN’s rejection
News

Osun resubmits state’s nomination for bank role, challenges CBN’s rejection

The Osun State Government has resubmitted the nomination of former Finance Commissioner Adewale Bolorunduro as a non-executive director at Living Trust Mortgage Bank to the Central Bank of Nigeria. This comes after the CBN recently rejected Bolorunduro’s appointment, citing a report from a visitation panel investigating a dispute between the bank and the state government. […]

News

US among easiest countries to launder money via real estate – Report

Transparency International has identified the United States as highly susceptible to money laundering through its real estate sector. Despite the country’s advanced law enforcement capabilities, factors such as the ease of concealing property ownership through anonymous companies contribute to this susceptibility. Transparency International in the report titled ‘Opacity in Real Estate Ownership (OREO) Index’, assessed 24 […]

Telecommunications

MTN, Airtel sign network sharing agreements in Nigeria, Uganda

MTN Group and Airtel Africa has partnered to share network infrastructure in Uganda and Nigeria. This collaboration, aimed at promoting digital and financial inclusion across Africa, will also ensure compliance with local regulatory and statutory requirements. In a joint statement released on Wednesday, the two companies stated that the partnership aims to strengthen their commitment […]

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AI to replace doctors, teachers, others within 10 years – Bill Gates

Microsoft co-founder, Bill Gates, has stated that advances in artificial intelligence over the next decade could render humans unnecessary for most tasks. In a recent interview with comedian, Jimmy Fallon, on NBC’s The Tonight Show in February, the billionaire philanthropist highlighted how AI could take over many aspects of life and work. Gates noted that, […]

FG bags $2.2bn Sun Africa deal to develop power sector
Energy

Nigeria signs 2,600MW solar deal with firm for green hydrogen

Nigeria has entered into a 2,600-megawatt solar module supply agreement with LONGi Solar France SARL. The Minister of Innovation, Science, and Technology, Uche Nnaji, announced the deal in a statement on Wednesday. According to the statement, the solar modules will be used to power Nigeria’s Green Hydrogen Hub Project, which is located in the Liberty […]

Aviation

NCAA grants Air Algérie operating permit for Algeria-Nigeria-Douala route

The Nigeria Civil Aviation Authority has granted Air Algérie a Foreign Carrier Operating Permit, enabling the airline to operate on the Algeria-Nigeria-Douala route. The inaugural flight is set for April 6, 2025. The announcement, made on March 25, 2025, follows a high-level meeting between NCAA Director General, Capt. Chris Najomo, and Algerian Ambassador, His Excellency […]

Court Rules FirstBank-GHL dispute Is debt recovery, not maritime claim
News

Court rules FirstBank-GHL dispute Is debt recovery, not maritime claim

The Federal High Court has ruled that the ongoing legal battle between FirstBank and GHL is not a maritime claim but a straightforward case of debt recovery in a surprising development. This shift in the court’s interpretation comes despite FirstBank’s assertion that GHL was attempting to fraudulently sell crude oil stored on the FPSO Tamara Tokoni. […]

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Businessman arraigned for alleged $299,000 money laundering collapses in court

A businessman, Sunday Okorie, collapsed in court on Wednesday while standing in the dock. He had been arraigned before the Federal High Court in Lagos on Tuesday, facing charges of failing to declare $299,000 and possessing counterfeit foreign currency. Justice Deinde Dipeolu had ordered Okorie to be remanded in custody after he pleaded not guilty […]

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