Dangote to step down as Dangote Sugar chair after 20 years
Aliko Dangote, Africa’s most prominent industrialist, will officially step down as Chairman of Dangote Sugar Refinery Plc on June 16, ending a…
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Politician physically assaults our staff over missed flight – Air Peace
Nigeria’s leading airline, Air Peace, has publicly condemned what it described as the “unruly conduct” of a prominent Nigerian politician following a…
Oil sector divestments already boosting Crude output – Minister
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, on Tuesday stated that the recent wave of divestments in Nigeria’s…
Google offers voluntary buyouts to employees across key divisions
Google offered voluntary buyouts to employees across multiple divisions on Tuesday, including its Knowledge and Information unit, central engineering, marketing, research, and…
Dangote hints at major shake to reform downstream sector
The President of the Dangote Group, Aliko Dangote, has hinted at an upcoming major “shakedown” across Nigeria. Speaking to pressmen after President…
Oil firms rush to convert licences before June deadline – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission has confirmed that several holders of Petroleum Prospecting Licences have submitted formal applications to convert their…
Meta in talks to invest over $10b in startup Scale AI
Meta Platforms is reportedly in advanced discussions to invest over $10 billion in Scale AI, a fast-growing artificial intelligence data labeling startup.…
Nigerians will see major improvement in power supply – Minister
Minister of Power, Chief Adebayo Adelabu, has said that President Bola Tinubu’s administration is tackling the deep-rooted structural challenges that have hindered…
US to prioritise private sector-led investments in Nigeria, others – Ambassador
The United States Ambassador to Nigeria, Richard Mills Jr., stated that the US will prioritize private sector-led investment rather than aid in…
Presidency spends over ₦23b on FX for foreign trips
The Presidency spent more than ₦23 billion in 2024 on the purchase of foreign currencies to cover the costs of international trips…
Abuja DisCo refunds ₦241.45m to 9,823 customers
The Abuja Electricity Distribution Company has issued electricity credit refunds totaling ₦241.45 million to 9,823 customers across its service areas. The refunds,…
NCC orders banks to charge USSD fees from users’ airtime
The Nigerian Communications Commission has instructed deposit money banks to cease deducting charges for USSD transactions directly from customers’ bank accounts. Instead,…