Wednesday, April 2, 2025

Olawale Afolabi

Audit finds 38,000+ ton discrepancy in Nigerian mineral shipments

Mining firms shipped more than 38,000 tons of solid minerals from Nigeria and were apparently allowed by the customs service without required permit from...

PZ Cussons confirms it’s delisting Nigeria unit amid forex woes

Consumer goods maker PZ Cussons has confirmed it plans to delist its Nigeria unit from the Nigerian stock exchange after buying out 26.73% stake...

PZ Cussons Nigeria shares rise on takeover news

PZ Cussons Nigeria's shares jumped Monday after its majority shareholder, UK-headquartered PZ Cussons Holdings, announced plan to acquire all other shares in the Nigeria...

After 40 years, Lagos rail opens with offer of 15 minutes for 2-hour trip

Nigeria’s economic capital and one of its most chaotic cities, Lagos, finally has a functional light rail. The long-planned rail service, opened Monday by Gov....

Eni sells Nigerian unit Agip to Oando

Italian energy group Eni has signed an agreement to sell its unit Nigerian Agip Oil Company (NAOC) to Nigeria's Oando, both companies announced on...

Latest Stories

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

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

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

The Nigeria Sovereign Investment Authority (NSIA) has reported a...

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

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

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

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