Latest News

Energy

Nigeria secures $500 million AfDB loan to boost energy transition

Eric Ojo -
The African Development Bank (AfDB) has approved a $500 million loan to support Nigeria’s...
Companies

Honeywell to help Dangote Refinery double capacity, become world’s largest

Plu Team -
Dangote Refinery has sealed a partnership with multinational giant Honeywell to provide services that...
Oil & Gas

NNPC Limited reports ₦5.4 trillion profit for 2024

Plu Team -
NNPC Limited has reported a Profit After Tax of ₦5.4 trillion for 2024 on...
Trade

75% of Africa’s cargo delays caused by trade bottlenecks, not infrastructure

Plu Team -
The majority of delays affecting the movement of goods across Africa are caused by...
Climate

Climate justice must be debt-free, African groups tell G20

Eric Ojo -
A coalition of African civil society groups, climate movements, and community-based organizations have urged...
Security

Trump doubles down: “I’m really angry about killings in Nigeria. It’s a genocide”

Plu Team -
Former U.S. President Donald Trump on Friday intensified his criticism of Nigeria’s handling of...
Markets & Investing

First Bank begins deduction of 10% withholding tax on short-term securities

Plu Team -
First Bank of Nigeria has begun implementing a 10% withholding tax (WHT) on interest...
Security

₦3.8bn ransom demanded in Kwara Church kidnapping as terrorists raid Niger school

Plu Team -
Terrorists who abducted about 35 worshippers from the Christ Apostolic Church (CAC), Oke-Igan, Eruku,...
Health

Africa faces sanitation crisis as 780 million go without basic services

Eric Ojo -
Nearly 780 million people in Africa still lack basic sanitation services, the African Ministers’...
Security

Biafra campaigner Nnamdi Kanu sentenced to life in jail

Plu Team -
The Federal High Court in Abuja on Thursday convicted Nnamdi Kanu, the leader of...
Corruption

Reporters worldwide reveal billions in dirty money moving through crypto

Plu Team -
A sweeping new investigation has revealed how some of the world’s largest cryptocurrency exchanges...
Latest News

Insurgents last killed a Nigerian Army general in 2021. Here’s what happened

Olawale Afolabi -
The killing of Brigadier-General M. Uba marks one of the deadliest setbacks for the...
Environment

Amnesty, activists want executed Nigerian environmentalist Saro-Wiwa exonerated, not pardoned

Plu Team -
Thirty years after the Nigerian government executed writer and environmentalist Ken Saro-Wiwa and eight...
Oil & Gas

Nigeria shelves 15% fuel import tax seen as protecting Dangote Refinery

Plu Team -
The Nigerian government has suspended the planned implementation of a 15% import duty on...
Markets & Investing

Biggest one-day fall in 15 years! New tax fears batter Nigerian stocks

Plu Team -
Nigerian stocks suffered their steepest single-day decline in 15 years on Tuesday as jittery...
Companies

Veritas Kapital raising ₦15 billion after new insurance law

Plu Team -
Veritas Kapital Assurance Plc says it will raise ₦15 billion through a private placement,...
Technology

Legend Internet to buy rival provider & microfinance bank

Olawale Afolabi -
Legend Internet Plc, Nigeria’s first publicly listed internet service provider, is set to expand...
Companies

Guinness owner Diageo names new CEO to drive growth

Plu Team -
Diageo, the maker of Guinness, Johnnie Walker, and Baileys, has appointed Sir Dave Lewis...
Startups

Afreximbank unit FEDA invests $75 million in electric bike startup Spiro

Plu Team -
The Fund for Export Development in Africa, or FEDA, the investment arm of the...
Climate

COP30: Nigeria advocates new mechanisms to safeguard forests, oceans

Eric Ojo -
The Federal Government of Nigeria has reiterated the need for new mechanisms to safeguard...
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