Thursday, April 3, 2025

Latest Stories

Tinubu sacks Mele Kyari as NNPC chief executive

Energy 0
President Bola Ahmed Tinubu has sacked the group chief...

Trump administration pushes Africa to pay for U.S. health support

Health 0
The United States is shifting its stance on global...

Nigeria’s Sovereign Wealth Fund profit surges 59% amid asset gains

Markets & Investing 0
The Nigeria Sovereign Investment Authority (NSIA) has reported a...

Lafarge is foreign-owned. Why is Senate suddenly afraid of sale to China?

Companies 0
The Nigerian Senate’s Thursday debate over the proposed sale...

Zenith Bank fined N15.4bn over forex, money laundering violations

Banks 0
Zenith Bank Group, owner of Zenith Bank, was hit...

Internet provider Spectranet hikes data prices

Consumer 0
Spectranet, one of Nigeria’s major internet providers, has implemented...

Zenith Bank Group reports 53% profit growth, declares final dividend

Banks 0
Zenith Bank Group, the parent company of Zenith Bank,...
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Health

U.S. halting funding for GAVI, key vaccine supplier for Nigeria

The United States has decided to end its financial...

Another MTN pain as little-known firm wins N880m trademark case

MTN Nigeria has suffered another setback after a Federal...

Most Read

Tinubu sacks Mele Kyari as NNPC chief executive

Energy 0
President Bola Ahmed Tinubu has sacked the group chief...

Report: NNPC CEO Mele Kyari likely to go before 2025

Energy 0
The Group CEO of the Nigerian National Petroleum Company...

Trump administration pushes Africa to pay for U.S. health support

Health 0
The United States is shifting its stance on global...

Nigeria’s Sovereign Wealth Fund profit surges 59% amid asset gains

Markets & Investing 0
The Nigeria Sovereign Investment Authority (NSIA) has reported a...

Lafarge is foreign-owned. Why is Senate suddenly afraid of sale to China?

Companies 0
The Nigerian Senate’s Thursday debate over the proposed sale...

Internet provider Spectranet hikes data prices

Consumer 0
Spectranet, one of Nigeria’s major internet providers, has implemented...

House of Reps approves Rivers emergency without two-third majority

Nation 0
The House of Representatives has approved President Bola Tinubu’s...

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Companies and Markets

Lafarge is foreign-owned. Why is Senate suddenly afraid of sale to China?

The Nigerian Senate’s Thursday debate over the proposed sale of Lafarge Africa, the country’s...
Plu Team -

Rivals MTN and Airtel agree to share networks in Nigeria, Uganda

MTN Group and Airtel Africa have signed an agreement to share mobile network infrastructure...
Plu Team -

Another MTN pain as little-known firm wins N880m trademark case

MTN Nigeria has suffered another setback after a Federal High Court in Lagos ordered...
Plu Team -

Shell’s Nigeria unit SPDC renamed as sale to Renaissance is completed

Shell has finalized the sale of its Nigerian subsidiary, Shell Petroleum Development Company of...
Plu Team -

Huaxin offers Lafarge minority investors 20% premium after Holcim exit

The Chinese firm acquiring Swiss company Holcim’s 83.81% stake in Nigeria-based Lafarge Africa Plc...
Olawale Afolabi -

Transcorp Power board approves ₦75m salary for chair, ₦50m for directors

At its twelfth Annual General Meeting (AGM) held on Wednesday Transcorp Power Plc approved...
Plu Team -

China’s Canmax signs lithium deal with Nigeria’s Kebbi state

A Chinese battery materials company, Canmax Technologies, has entered into an agreement to invest...
Plu Team -

TotalEnergies expects lower Q1 2025 profit after strong 2024

TotalEnergies Nigeria Plc has projected a profit after tax (PAT) of ₦2.4 billion for...
Plu Team -

Sponsored

NNPC, Swedish Stena Bulk and Caverton launch shipping venture

The Nigerian National Petroleum Company (NNPC) Shipping, Swedish Stena Bulk, and Nigerian Caverton Marine...
Plu Team -

MTN thanks Nigerian government for approving 50% tariff hike

MTN Group has expressed its gratitude to the Nigerian authorities for approving a significant...
Jane Kalu -

Humanitarian group supports Nasarawa community with donations

In an effort to alleviate hardship in Nigeria, a nongovernmental group has provided relief...
Plu Team -

ViaDerma announces shipment of 500,000 units of flagship product to Nigeria

ViaDerma, Inc., a leader in innovative wound care solutions, has announced that a shipment...
Plu Team -

TotalEnergies launches Ubeta gas development to supply Nigeria LNG

TotalEnergies, operator of OML 58 onshore license in Nigeria with a 40% interest, together...
Plu Team -

Economy

Naira plunges after weeks of stability as demand pressure mounts

Plu Team -
The naira weakened further against the US dollar on Tuesday, extending losses from earlier in the week as demand for the greenback...

Agriculture struggles as Nigeria’s economy expands in 2024

In NBS’ new inflation formular, food prices rise count less

Politics

Presidency warns Obi after saying Tinubu destroyed Nigeria’s democracy

Plu Team -
The Presidency has fired back at Peter Obi, the 2023 presidential candidate of the Labour Party (LP), following his statement that Nigeria’s...

Rivers emergency: Another senator says Senate violated Nigerian Constitution

House of Reps approves Rivers emergency without two-third majority

Small Business

Exclusive: Kidnapped trader shares her ordeal in Niger Delta creek

Jane Kalu -
Piracy has continued in Nigeria’s maritime areas with sea bandits targeting waterways and coastal communities. Artisanal fishers in the Niger Delta area...

Nigeria’s economic woes force 7.2 million small businesses to shut

No Withholding Tax for small businesses, Nigerian govt says

Health

Trump administration pushes Africa to pay for U.S. health support

Plu Team -
The United States is shifting its stance on global health assistance, urging African nations to take financial responsibility for health initiatives previously...

U.S. halting funding for GAVI, key vaccine supplier for Nigeria

Nigeria running out of HIV drugs – WHO

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Consumer

Internet provider Spectranet hikes data prices

Plu Team -
Spectranet, one of Nigeria’s major internet providers, has implemented price hikes on its data plans, effective today. The increase comes months after the...

Nigeria sues MultiChoice over another DSTV price hike

Nigeria’s move to raise telecom tariffs sends MTN to 6-month high

Technology

Digital Justice: Nigerians take on predatory loan apps to protect victims

Kunle Sanni -
Taiwo, a 40-year-old Lagos-based farmer, urgently needed funds to support his poultry business in 2020. Desperate for financial assistance, he turned to...

U.S. says Google must sell Chrome browser to break search engine monopoly

Nigerian govt: We’re set to enroll 90,000 in third cohort of 3MTT tech skill programme

Food

Russia says Niger state seeks $110 million in farm equipment

Plu Team -
Russia says Nigeria's Niger state has submitted a request to purchase agricultural equipment from the country worth over $110 million. Maxim Petrov, Russia’s...

Japan faces high rice prices like Nigeria – but responds more urgently

Tinubu budgets N1.6 trillion for agric bank – but will it fix food crisis?

Climate Change

UN’s climate change panel starts 62nd plenary session in China

Eric Ojo -
The 62nd edition of the Intergovernmental Panel on Climate Change (IPCC) commenced Monday in Hangzhou, China. The meeting will consider and agree on...

ADF seeks additional $4 billion to boost climate resilience in Africa

Climate tech innovation in Africa gets $10 million boost from AfDB

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