US sanctions disrupt Iran’s crude exports to China – Report
Iran's crude exports to China have faced disruptions due to US sanctions targeting tankers, as reported by Vortexa Ltd. This has put pressure on oil flows to Iran's largest customer,…
Nigeria exports N181.62bn electricity to Togo, Benin, Niger
Nigeria exported a total of N181.62 billion worth of electricity from January to September 2024. The exports were distributed across three quarters: N58.65 billion in Q1 to Togo, Benin, and…
Court orders Radix Pension to pay former MD N57m, $21m
The National Industrial Court has ruled that Radix Pension Managers Limited must pay Kunle Adeboye, the former Managing Director, a total of N57.12 million and $21 million. This payment is…
FG raises N1.1tn via Sukuk to finance road projects
The Federal Government of Nigeria has raised N1.1 trillion ($657.6M) through six Sovereign Sukuk to finance 124 federal road projects across the country's six geopolitical zones. These projects will cover…
Dangote refinery exports petrol to Cameroon, Angola, others
Dangote Refinery has shipped Premium Motor Spirit to Cameroon, Angola, Ghana, and South Africa in the past few weeks. This was disclosed by the Vice President of Oil and Gas,…
FG secures $600m agric loan to boost food security
The Federal Government of Nigeria, through the Ministry of Agriculture and Food Security, has successfully secured over $600 million in foreign agricultural loans in 2024. This funding aims to enhance…
Blue economy policy to strengthen maritime governance – Oyetola
The Minister of Marine and Blue Economy, Adegboyega Oyetola, has hailed the National Policy on Marine and Blue Economy as an inclusive framework to strengthen maritime governance. He stated that…
ExxonMobil, Chevron eye AI data centers as next energy frontier
ExxonMobil and Chevron are positioning themselves as key energy providers for AI data centers, tapping into the growing energy demands of the tech sector. ExxonMobil announced plans to develop a…
FG proposes Fly Nigeria act to boost aviation – Keyamo
The Fly Nigeria Act, introduced by the Federal Government, aims to boost the aviation sector by requiring government-funded travel to prioritize Nigerian flag carriers. Aviation Minister Festus Keyamo presented the…
Nigeria, UN partner to boost bioethics development
The Federal Government and the United Nations Educational, Scientific, and Cultural Organisation are preparing to strengthen their partnership on bioethics development in Nigeria through a planned Memorandum of Understanding. This…
Minister targets $23bn exotic livestock breed market
The Minister of Livestock Development, Dr Idi Maiha, has urged the Raw Materials Research and Development Council to spearhead the transformation of Nigeria's livestock sector through research and development. Maiha…
Microsoft rolls out file sharing app for iPhone users
Microsoft has begun testing new features for its Phone Link app, which will offer iPhone users a more seamless way to share files between their devices and Windows PCs. The…
