Tony Elumelu’s Seplat Energy stake rises to $1.28bn
The Chairman of Heirs Group, Mr Tony Elumelu, now has an estimated $1.28 billion stake in Seplat Energy Plc through his indirect…
Business
LagRide expands fleet by 400 vehicles for ember months
LagRide has deployed 400 new vehicles across Lagos as it intensifies preparations for the 2026 Ember Months, with plans to onboard more…
Petrol price hike unacceptable – NLC
The Nigeria Labour Congress has criticised the latest increase in the price of Premium Motor Spirit, popularly known as petrol, describing the…
Power outage hits Lekki, Ajah as 12 feeders lose supply
Eko Electricity Distribution Plc has announced a power outage affecting parts of Lekki, Ajah and Ibeju-Lekki in Lagos State following a loss…
NACCIMA seeks stronger partnership with NDE for youth jobs
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture has called for stronger collaboration between it and the National Directorate…
Nigeria retains $300 helicopter levy for upstream petroleum operators
Oil operators, licensees, lessees and helicopter service providers in Nigeria’s upstream petroleum sector will continue to pay a $300 levy for each…
AfCFTA must be treated as economic, cultural project – Envoy
The African Continental Free Trade Area should be regarded as both an economic and cultural project, Nigeria’s Consul General in South Africa,…
Court restrains NMDPRA from interfering with Dangote Refinery operations
The Federal High Court in Lagos has issued an interim injunction restraining the Nigerian Midstream and Downstream Petroleum Regulatory Authority from shutting…
PenCom engages Lagos over pension increases, wage awards
The National Pension Commission says it has held discussions with the Lagos State Government and the Lagos State Pension Commission over concerns…
NIS deploys passport intervention team to UK
The Nigeria Immigration Service has announced the dates and venues for a passport intervention exercise for Nigerians living in the United Kingdom…
EU targets ChatGPT, Reddit, Roblox under strictest digital safety rules
ChatGPT, Reddit Inc. and video game company Roblox Corp. are set to face increased scrutiny from the European Union after each surpassed…
NUPRC registers 172 host communities development trusts under PIA
The Nigerian Upstream Petroleum Regulatory Commission has registered 172 Host Communities Development Trusts established by oil and gas companies under the Petroleum…