NNPC absorbs 1,000 interns into workforce after training, evaluation
The Nigerian National Petroleum Company Limited has inducted more than 1,000 young professionals into its workforce following the successful completion of a…
Business
Spain rejects emergency declaration despite migrant surge from Morocco
Spanish authorities have rejected calls to declare a national emergency after a surge of migrants crossed into the North African enclave of…
NMDPRA urges Africa to adopt regional fuel pricing benchmark
The Nigerian Midstream and Downstream Petroleum Regulatory Authority has urged African countries to establish a regional fuel price benchmark, arguing that the…
Seplat sells 10% JV stake to NNPCL for $281.6m
Seplat Energy Plc has signed a legally binding agreement to sell a 10 per cent working interest in its joint venture assets…
Lagos issues land allocation letters to 98 Lekki communities
The Lagos State Government has formalised community land allocations across Sangotedo and Ibeju-Lekki as part of its plan to develop a 16,300-hectare…
Femi Otedola acquires ₦222.20bn First HoldCo shares
The chairman of First HoldCo, Femi Otedola, has acquired 1.77 billion shares of the financial institution through his investment vehicle, Calvados Global…
World Bank warns Nigeria risks missing AI revolution without urgent action
Nigeria and other developing economies risk being left behind in the global artificial intelligence revolution unless they move swiftly to adopt and…
Okonjo-Iweala urges Nigeria to sustain reforms to attract global opportunities
Nigeria must sustain its macroeconomic reform agenda and ensure the gains translate into job creation and improved living standards if it is…
FIFA proposes $20bn World Cup commercial rights sale plan
FIFA is planning to establish a new commercial subsidiary valued at $20 billion as the global football governing body seeks to boost…
Oil jumps amid escalating Iran-US tensions in Middle East
Oil prices surged during Asian trading on renewed geopolitical tensions in the Middle East after Iran launched attacks on U.S. forces, prompting…
NCC, REA partner to cut digital infrastructure costs
Nigeria is set to reduce the cost of digital infrastructure expansion through a new partnership between the Nigerian Communications Commission and the…
NLNG hits $150bn revenue as global LNG exports exceed 6,000 cargoes
Nigeria LNG Limited has generated more than $150 billion in revenue and exported over 6,000 liquefied natural gas cargoes worldwide since beginning…