April 24, 2023
Nigeria: AKK Gas Pipeline Project Nears 70% Completion - NNPCL
Mr Kyari said the NNPCL has so far released the sum of $1.1bn to finance the project. Read more »
April 23, 2023
Nigeria: Another Building Collapse in Lagos, Govt Blames Developer
Lagos State government says the developer ignored a 'Stop Work' order Read more »
Nigeria: SERAP Asks Buhari to Investigate 'Missing' 149 Million Barrels of Crude Oil
The organization asked the outgoing president to set up a presidential panel of enquiry to investigate the missing crude oil. Read more »
April 22, 2023
Nigeria: Sanwo-Olu Orders Demolition of 3 Buildings On Banana Island
Governor Sanwo-Olu blames the Federal Ministry of Works and Housing and National Inland Waterways Authority (NIWA) for allegedly granting extension of the line of Banana Island Read more »
April 21, 2023
Nigeria: Nigeria Positioned to Become Superpower in Energy Transition - NUPRC
Nigeria's average rig count recently grew in April 2023, a positive signal of new investments trickling into the country, an official said. Read more »
Nigeria: Naira Slips At Official Window
Naira fell on the official market to trade at N463.67 per $1 on Thursday. Read more »
Nigeria: Access Holdings Posts Record N1.4 Trillion Annual Revenue but Profit Drops
The company's profit after tax slowed even though turnover increased by as much as 42.8 per cent or N416 billion. Read more »
April 20, 2023
Nigeria: Transcorp Confirms Otedola's 5.5 Percent Shareholding Stake
Mr Otedola comes next to UBA Nominees Limited in the ownership order of the conglomerate. Read more »
Nigeria: 'Missing' 48 Million Barrels of Oil - Malami Finally Agrees to Appear Before Reps
Mr Malami and his counterpart in the Ministry of Finance and National Planning, Zainab Ahmed, had repeatedly shunned the public hearing on the missing crude oil. Read more »
Nigeria: Ibom Air Receives International Safety Certification
"The certification validates the airline's high operational and safety standards and is an essential milestone as the airline positions for regional operations and collaboration." Read more »
April 19, 2023
Nigeria: Inside Mele Kyari's Exploits At NNPC
As a new dispensation dawns, it is no surprise that certain people have started to eye certain positions, more out of lust for lucre than thirst for service. And if the targets of… Read more »
Nigeria: Labour Party Secures Majority in Enugu House of Assembly - INEC
The Labour Party (LP) has 14 seats on the list, while the Peoples Democratic Party (PDP) has the remaining 10 seats. Read more »
Nigeria: Labour Party Crisis - Peter Obi, Lawmakers-Elect, Others Meet in Asaba - Official
The Labour Party, now Nigeria's third-largest party, also expelled some of the party's leaders. Read more »
Nigeria: Aviation Workers' Strike Results in Gridlocks Around Lagos Airport
"For over eight years, the conditions of service have not been implemented as the aviation agencies are functioning without governing boards." Read more »
April 18, 2023
Nigeria: Petroleum Industry Act Is Nigeria's Second Biggest Energy Sector Achievement - Buhari
"For decades, we were told that because of various vested interests, it would be nearly impossible to pass the bill but we made it happen," Mr Buhari said. Read more »
Nigeria: Stock Market Closes Negative Monday, Sheds N418 Billion
Similarly, the overall market capitalisation value lost N418 billion to close at N27.850 trillion from N28.267 trillion. Read more »
April 17, 2023
Nigeria: Nigeria's Discos Generated N434 Billion in Q3, Q4 2022 - Report
The NBS said in terms of revenue, N232.32 billion was generated by the DisCos in Q4 2022 compared to N202.62 billion in Q3 2022. Read more »
Nigeria: Aviation Ministry Sues for Peace As Striking Workers Block Access Roads to Lagos Airport
Aviation workers on Monday blocked major access roads to both the international and domestic wings of the Murtala Muhammed Airport in Lagos. Read more »
Nigeria: Cloning Nigerian Banks' Social Media Accounts, Internet Fraudsters Fleece Unsuspecting Customers
Experts have since warned customers to be wary of banks' social media handles they interact with, urging them to ensure they engage only verified accounts on Twitter and Facebook… Read more »
April 15, 2023
Nigeria: Nigeria's Inflation Hits 22.04% As Food Prices Rise
Food inflation rate quickened to 24.46 per cent in March from 24.35 percent in the previous month Read more »
April 16, 2023
Nigeria: Defying the Odds With Outstanding Financial Performance for NNPC - Kyari
Since he assumed office, Mr Kyari has pursued his Transparency, Accountability and Performance Excellence (TAPE) agenda, a five-step strategic roadmap for NNPC's attainment of… Read more »
April 15, 2023
Nigeria: Nigeria's Cash Crisis Driving Digital Transactions to All-Time High
The scarcity is driving Nigerians in droves to sign up for digital and electronic banking services Read more »
April 13, 2023
Nigeria: CBN Warns Public Against Fake Recruitment Portal
The fraudulent website lists requirements for eligibility to include, among other qualifications, the possession of a Bank Verification Number (BVN). Read more »
Nigeria: TotalEnergies Appoints New Director
Mrs Popoola-Mordi joined TotalEnergies Marketing Nigeria Plc in 2011 as Legal Affairs Manager/Company Secretary Read more »
Nigeria: No Notification About Otedola's 5.5% Share Acquisition Yet - Transcorp
The company had issued the statement in response to a query from the Nigerian exchange, seeking clarification on the said share acquisition. Read more »