Category: Business

Namibia probes TotalEnergies, Petrobras offshore acquisition without approval

Namibia has raised concerns that TotalEnergies and Petrobras acquired new offshore interests in the Lüderitz...

Paramount aims to clear antitrust hurdle for Warner Bros. offer

Paramount Skydance Corp. is aiming to wrap up a Justice Department antitrust review of its...

DisCos blame power outages on sharp drop in gas supply

Electricity distribution companies have attributed ongoing power outages to a significant reduction in gas supply...

Transcorp Power revenue surges 30% to ₦398.27bn in 2025

Transcorp Power Plc, a power generation subsidiary of Transnational Corporation Plc (Transcorp Group), announced a...

US extends AGOA duty-free access for Nigeria, others

The United States has prolonged duty-free market access for Nigeria and other qualifying African nations...

FG launches initiatives to boost Nigeria’s gas-to-power sector

The Federal Government has introduced new initiatives aimed at bolstering Nigeria’s gas-to-power sector, highlighting natural...

FG reaffirms commitment to protect LG funds

The Federal Government has restated its commitment to stop the prolonged diversion of funds meant...

MTN in advanced talks to acquire full control of IHS Towers

MTN Group is in advanced talks to acquire the remaining 75 per cent stake in...

MoMo PSB partners SMEDAN to empower Nigerian SMEs digitally

MoMo PSB, the fintech arm of MTN Nigeria, has entered a strategic partnership with the...

Dangote Refinery does not import finished petroleum products – MD

The Managing Director of the Dangote Petroleum Refinery, David Bird, stated that the $20 billion...

Nike faces US probe for race-based employment practices

The United States Equal Employment Opportunity Commission has launched an investigation into Nike, alleging the...

CBN to release open banking roadmap within three months

The Central Bank of Nigeria plans to release an implementation roadmap for Open Banking within...