AfDB announces candidates for 2025 presidential election
The African Development Bank has officially announced the five candidates cleared to contest its upcoming presidential election, scheduled for May 29, 2025.…
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Stakeholders oppose FG’s ban on large tankers
Stakeholders in Nigeria’s downstream sector are pushing back against the Federal Government’s planned ban on large tankers carrying over 60,000 litres of…
FG targets 50% increase in land formalisation
The Minister of Housing and Urban Development, Ahmed Dangiwa, has announced plans to increase the formalization of land transactions in Nigeria by…
Hackers steal $1.5b from Bybit in largest crypto heist ever
Bybit, a major cryptocurrency exchange, has suffered a massive security breach, resulting in the theft of approximately $1.5 billion in digital assets,…
FG woos China to establish electric vehicle assembly plants
The Federal Government is actively seeking to collaborate with China to diversify its economy, particularly by establishing electric vehicle assembly plants within…
Oil revenue crucial for Nigeria’s growth, diversification, development – Elumelu
The Chairman of Heirs Holdings, Tony Elumelu, has called for increased oil production to support Nigeria’s economic diversification and development. Speaking at…
Nigeria sues Binance for $79.5bn over alleged economic losses, tax evasion
The Nigerian government has filed a lawsuit against cryptocurrency exchange Binance, demanding $79.5 billion in damages for alleged economic losses and an…
Banks must stock ATMs with cash – CBN
The Central Bank of Nigeria has directed banks to ensure that customers have access to cash at Automated Teller Machines as the…
Airtel increases data, call tariffs following NCC approval
Alex Omenye Airtel Nigeria has announced an upward revision of its data and voice tariffs, aligning with the Nigerian Communications Commission’srecent approval…
Lagos, Lafarge partner to convert waste into fuel
The Lagos State Government, through the Ministry of Environment and Water Resources, has entered into a Memorandum of Understanding with Lafarge Africa…
Global oil prices drop as market eyes Russia-Ukraine peace deal
Oil prices dropped for the fourth consecutive day on Monday, driven by expectations that a Russia-Ukraine peace deal could ease sanctions disrupting…
OpenAI rejects Elon Musk-led buyout offer
OpenAI’s board chairman on Friday said it has unanimously rejected an Elon Musk-led offer to buy the hot artificial intelligence company for…