Business
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Buy me out and run Dangote Refinery the way you want – Aliko Dangote to NNPCL
Africa’s wealthiest man and Founder of the Dangote Group of Companies, Aliko Dangote has revealed, in frustration, that he is willing to…
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FG set to distribute 30,000 CNG conversion kits to drivers
Michael Oluwagbemi, Chief Executive Officer (CEO) and Programme Director of the Presidential Compressed Natural Gas (CNG) Initiative has revealed that…
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TCN issues disconnection notice to AEDC over market rules violations: potential power outage looms
The Transmission Company of Nigeria (TCN) has issued a notice of disconnection to the Abuja Electricity Distribution Company (AEDC) due…
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Governor Abba Yusuf approves N29bn for capital projects in Kano
The Kano State Government has now authorized a total of N29 billion for the initiation and completion of capital projects…
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Economists, political analysts, disappointed with N70,000 minimum wage
Some economists and political analysts have been let down by the newly approved N70,000 minimum wage for Nigerian workers.
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NNPC’s ‘secret’ subsidy bill set to soar as petrol landing cost hits N1,117/litre
The Nigerian National Petroleum Company (NNPC) is facing a surge in its 'secret' subsidy bill due to rising petrol landing…
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Minimum Wage: We were offered N250,000, we turned it down — NLC
The Nigeria Labour Congress (NLC), through its President, Joe Ajaero, has offered reasons why it refused the offer of President…
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BREAKING: Labour, FG finally agree on N70,000 minimum wage
Leaders of Organized Labour, including the Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC), have confirmed that they…
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Dangote refinery bemoans price inflation by IOCs
Dangote Industries Limited (DIL) has accused International Oil Companies (IOCs) of inflating prices and hindering access to local crude oil…
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Police apprehends Crypto trader BLord over alleged terrorism funding, hands him to FCID for questioning
A cryptocurrency and bitcoin trader, Linus Williams, known to many as BLord, has been apprehended by Nigerian Police Force (NPF)…
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Two days after appointing Adekambi, Tinubu reinstates Zabbey as HYPREP Coordinator
President Bola Tinubu has taken back the appointment of former Ondo Commissioner, Dr. Femi Adekambi as the project coordinator of…
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Headline inflation surges to 34.19% in June
Nigeria’s inflation rate increased to 34.19% in June 2024, this is according to data released by the National Bureau of…
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Minimum wage: It is the duty of Organized Labour to enforce payment – SGF Akume
The Secretary to the Government of the Federation (SGF), George Akume, has said that Organized Labour must enforce compliance with…
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NBS reveals how much Nigerian officials pocketed in bribes
Nigerian officials took home $1.3 billion in bribes last year, according to the National Bureau of Statistics (NBS).
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Minimum Wage: Ajaero, Osifo lead Labour delegation to Tinubu as talks intensify
Festus Osifo, the Trade Union Congress (TUC) President and Joe Ajaero, the Nigerian Labour Congress (NLC) President, as well as…
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Supreme Court orders FG to release funds to LGs
The Supreme Court has ruled that the federal government must directly disburse funds allocated for local governments.
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FACT-CHECK: Are there LGBT clauses in Samoa Agreement Nigeria signed?
On Thursday, Daily Trust reported concerns by sections of the Nigerian religious and civil society communities over clauses that mandate…
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Peter Obi emphasizes the need for investment in health, education sectors
Labour Party (LP) 2023 presidential candidate and former Anambra State governor, Peter Obi, has urged government at all levels and…
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Depots raise PMS price to N720/litre as scarcity beckons in Lagos, others
Fuel scarcity is creeping back into the Lagos metropolis and several other states as depot owners seem to have jacked…
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Analysis: What should you do with your GTCO shares? Buy? Sell? Hold?
Guaranty Trust Holding Company (GTCO) is one of the leading financial institutions in Nigeria and one of the five largest…
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Former NBA chairman calls for repeal of PIA, FG disagrees
Former Chairman of the Nigerian Bar Association and Senior Advocate of Nigeria (SAN), Olisa Agbakoba, has called for the repeal…
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FG frees GenCos others from Withholding Tax
The Federal Government has grouped all electricity companies together, including the Generation and Distribution Companies (GenCos and DisCos), and exempted…
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Court orders former Humanitarian minister Umar-Farouq to account for N729bn
A Lagos Federal High Court sitting has ordered former Minister of Humanitarian Affairs, Disasters Management and Social Development, Sadiya Umar-Farouq,…
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BREAKING: Nigeria puts pause on tax, import duties for maize, wheat, others
The Federal Government of Nigeria has announced that it will be suspending the duties, tariffs, taxes and levies previously imposed…
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President Tinubu calls Nigeria’s electricity generation shameful
The President of the Federal Republic of Nigeria, Bola Ahmed Tinubu has described Nigeria's current production of 4.5 gigawatts (GW)…
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House on the Rock, Del-York partner to empower youth with job-placement program
The Senior Pastor, House On The Rock (HOTR), Pastor Paul Adefarasin has announced a collaboration with Del-York with sponsorship from…
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We’ve cleared pension backlogs, paid N140bn into CPS – Governor Sanwo-Olu
Lagos State Government on Friday reiterated its commitment to engaging local engineers and students in higher institutions to ensure the…
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Check out the new data centre MTN is building in Nigeria
MTN Nigeria has announced the construction of West Africa's largest data centre, featuring a 1,500-rack and Tier 4 infrastructure within…
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Kano: I will recover N5.4bn pension funds from Ganduje’s government by all means – Governor Yusuf
Governor Abba Kabir Yusuf of Kano State has said that he is ready to use every legal means to retrieve…
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Access Bank opens application portal for Womenpreneur Pitch-A-Ton Season 6
Access Bank has opened the portal for registration for season six of its Womenpreneur Pitch-A-Ton programme.
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Sterling HoldCo gets go ahead from shareholders to raise fresh capital
Sterling Financial Holdings shareholders approved the decision to raise N200 billion in fresh capital at its recently held inaugural annual…
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Former CEO of Konga takes own life
Nick Imudia, former Chief Executive Officer (CEO), of Konga, one of Nigeria’s e-commerce giants, has committed suicide in his home.
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Dangote Group breaks silence on Refinery fire incident
Dangote Group has released an official statement over the fire incident at its refinery on Wednesday, June 26.
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Fire breaks out at Dangote Refinery, refinery management keeps mum
A fire outbreak has been reported at the Dangote Petroleum Refinery in Lagos, Nigeria.
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Look into the allegations against IOCs, protect Dangote Refinery against sabotage – NANS to FG
The National Association of Nigerian Students (NANS) has called on the government to ensure that the Dangote Refinery is protected…
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Dangote points fingers at IOCs, accuses them of planning sabotage
Devakumar Edwin, Vice President, Oil and Gas, at Dangote Industries Limited, has accused International Oil Companies (IOCs) in Nigeria of…
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Labour urges governors to help rescue Nigeria from current state of misery
The Organized Labour has warned certain governors not to push Nigeria into a state of misery and impoverishment by giving…
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Fidelity Bank to launch over N120bn capital raise on June 20
Fidelity Bank will launch its N127.1bn capital raise via a public offer and rights issue on June 20, 2024.
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Nigerians must change their value system for the country to move forward – President Tinubu
President Bola Tinubu says Nigerians must have a change of value system if the nation is to move forward.
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Minimum wage: Tripartite Committee chair asks Labour to reconsider demands
Chairman of the Tripartite Committee on National Minimum Wage, Bukar Goni Aji, has asked the Labour unions to reconsider its…
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