Monday, September 30, 2024

In Focus

Nigeria in darkness after ‘total collapse’ of national grid

Nigerian cities and homes have been thrown into darkness after the national grid failed early Thursday. The Enugu Electricity Distribution Company PLC (EEDC) said the...

Olam confirms paying bond for Nigeria director over forex case

Agricultural commodities trader Olam Group has confirmed it paid a bond to secure the release of its director in Nigeria. The company said Olam Nigeria...

Olam shares fall to 15-year low after Nigeria forex fraud allegation

Olam Group Ltd. shares fell to their lowest level in almost 15 years on Tuesday after the agricultural commodities trader denied allegations of a...

FTSE Russell downgrades Nigeria prompting stock decline

Nigerian stocks fell Monday after equities market index and benchmark provider FTSE Russell said it downgraded Nigerian equities from “frontier market” to “unclassified market”,...

UAE lifts visa ban on Nigerians

The United Arab Emirates (UAE) has lifted its visa ban imposed on Nigerian travellers after nearly one year. The decision was taken after President Bola...

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