Monday, September 30, 2024

In Focus

Power cuts, shut banks as NLC strike affects Nigerian cities

Multiple banks closed in Abuja on Tuesday as several areas of the federal capital suffered power cuts on the first day of the Nigeria...

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...

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...

Chinese firm ‘illegally’ mines titanium in Nigerian community

The Akwa Ibom state government closed a mining site on Tuesday after accusing a Chinese firm, Ruitai Mining Ltd., of illegally excavating titanium in the...

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