FG raises N1.23tn to tackle N4tn power sector debt
The Federal Government has raised about N1.23tn through two bond issuances as part of efforts to reduce debt in the power sector…
Business
VeryDarkMan threatens to sue MTN over unsolicited Dangote IPO message
Social media personality Martins Vincent Otse, popularly known as VeryDarkMan, has threatened to take telecoms giant MTN Nigeria to court over the…
FG targets 20m Nigerians with 200 new telecom sites
The Federal Government has announced plans to activate at least 200 new telecommunications sites before December as part of a nationwide infrastructure…
Nine NGX companies battle negative shareholders’ funds, weak returns
At least nine companies listed on the Nigerian Exchange Limited are currently grappling with significant balance-sheet pressure, as their shareholders’ funds have…
Dangote Refinery IPO attracts N1.5tn in first hour
Investors subscribed about N1.5tn worth of shares in the Dangote Petroleum Refinery and Petrochemicals initial public offering within the first hour of…
Tinubu orders release of funds for regional development commissions
President Bola Tinubu has directed the Secretary to the Government of the Federation, George Akume, to ensure the prompt release of all…
Europe buys out Dangote Refinery jet fuel supply
The Chairman of Dangote Petroleum and Petrochemical Limited, Aliko Dangote, has disclosed that the company’s jet fuel supply to the European market…
Dangote to begin $17bn Kenya refinery construction September ending
Dangote Group will commence construction of its proposed $17bn oil refinery in Kenya by the end of September, with the project expected…
Chowdeck riders earn ₦100,000 weekly, says CEO
Chowdeck Chief Executive Officer, Femi Aluko, has stated that delivery riders operating on the platform take home an average of N100,000 weekly…
EU plans new social media rules to protect children
The European Union is set to propose new legislation on Thursday aimed at protecting children from the harmful effects of social media,…
PM Modi seeks more crude as India, Nigeria strengthen ties
India is seeking to increase crude oil imports from Nigeria as both countries move to deepen trade and investment ties following high-level…
Crude oil prices surge as S’Arabia closes key pipeline
Crude oil prices rose sharply on Sunday after Saudi Arabia shut down a major pipeline that transports crude while bypassing the Strait…