Bolt defends Nigerian drivers pay amid debate
Bolt has defended its marketplace model amid growing public attention on ride-hailing operations across Nigeria. The company emphasised transparency, sustainability, and the…
Business
NAICOM approves Ademoye Shobo as Lasaco Assurance MD/CEO
The National Insurance Commission has approved Ademoye Shobo as the new Managing Director and Chief Executive Officer of Lasaco Assurance Plc. The…
REA, Lotus Bank partner for N100b renewable energy credit facility
The Rural Electrification Agency has partnered with Lotus Bank through a Memorandum of Understanding to secure a N100 billion revolving credit facility,…
Nigeria to export new light crude in March – NNPCL
Nigeria will start exporting a new light, sweet crude grade called Cawthorne in March, the Nigerian National Petroleum Company Limited has announced.…
Dangote inks deal to deliver 65m litres petrol daily
The Dangote Petroleum Refinery has signed an offtake agreement with 12 leading petroleum marketing companies to supply 60–65 million litres of Premium…
Sit-at-home: Anambra seals over 200 shops at Onitsha market
The Onitsha South Local Government Area in Anambra State has sealed over 200 shops at the Bridge Head Market in Onitsha. This…
FG seeks Chinese funding for power, mining projects
The Federal Government is seeking to attract up to $5.7 billion in potential Chinese investments to strengthen key sectors of Nigeria’s economy,…
NGX all-share index hits all-time high
Nigerian Exchange Limited is commanding heightened investor attention as several listed companies climb to fresh all-time highs and new 52-week peaks. This…
Lasaco Assurance strengthens capital base for sustainable growth
Lasaco Assurance Plc has announced a strategic pivot aimed at reinforcing its capital base and sharpening its execution focus to drive sustainable…
Ado Bayero Mall not for sale — Mgt
The management and owners of Ado Bayero Mall have debunked reports circulating online that the mall is up for sale. They described…
Oando unveils second tranche stock dividend distribution
Oando Plc has commenced the second tranche of its stock dividend distribution. This continues the issuance of 1.28 billion additional shares to…
Nigeria wins as tribunal dismisses UK tech firm’s $6.2m arbitration
An international tribunal has dismissed a $6.2 million claim filed by European Dynamics UK Ltd against Nigeria over a national e-Procurement project.…