FirstBank Supports Oke-Odan Cultural Festival to Promote Arts and Heritage
FirstBank of Nigeria Ltd has reaffirmed its commitment to promoting Nigerian arts and culture by sponsoring the Oke-Odan Cultural Festival
Read More
Business
Deutsche Bank Shows Strong Interest in Funding Lagos Carter and Third Mainland Bridges
Deutsche Bank has shown growing interest in funding major rehabilitation and replacement works on two of Lagos’ most important bridges
Read More
NNPCL Struggles with N8.07tn Crude-for-Loan Debt Amid Fiscal Pressure
The Nigerian National Petroleum Company Limited (NNPCL) is grappling with massive crude-backed loan obligations estimated at N8.07 trillion, according to
Read More
NNPCL Achieves 64% Profit Boost and Rolls Out $60 Billion Expansion Strategy
The Nigerian National Petroleum Company Limited (NNPCL) has recorded a remarkable profit after tax of N5.4 trillion for the financial
Read More
Only CBN-Approved Firms Allowed to Collect Electricity Payments, Says FG
The Federal Government has reinforced rules that only Central Bank of Nigeria (CBN)-licensed firms can collect electricity payments across the
Read More
TotalEnergies and Conoil Finalise Offshore Asset Swap in Nigeria
TotalEnergies has confirmed the signing of an asset swap agreement with Conoil Producing Limited, covering two key offshore blocks in
Read More
Airline says investigation continues despite VDM and Mr Jollof’s apologies
Nigeria’s United Nigeria Airlines has announced that its investigation into the recent in-flight clash involving popular comedian Mr Jollof and
Read More
Dangote Denies Involvement in Viral Bike-Based Fuel Distribution Video
The Dangote Petroleum Refinery has denied any connection to a viral video suggesting it is distributing petrol using motorbike riders.
Read More
Enugu Electricity Distribution Company Launches Expanded Free Prepaid Meter Rollout in Tranche B
The Enugu Electricity Distribution Company (EEDC) has officially commenced the second phase of its free prepaid meter rollout, under “Tranche
Read More
Nigeria Set to Launch 2025 Licensing Round in December to Unlock Gas and Oil Assets
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially announced the commencement of the 2025 Licensing Round, scheduled to begin
Read More
Nigeria May Face Oil Production Decline Without New Exploration, NAPE Warns
Nigeria may face a sharp drop in crude oil production in the coming years if the country does not urgently
Read More
Nigeria and China Strengthen Trade Partnership at 2025 Lagos Commodities Expo
Nigeria and China have restated their commitment to expanding trade and economic cooperation between the two countries. This happened during
Read More
Low 5G Coverage Frustrates Nigerians Despite Growing Phone Ownership
Nigeria has over 170 million mobile subscribers, yet many people with 5G phones still cannot use 5G services. Recent data
Read More
Gas Marketers Plan to Raise LPG Supply to 6 Million Tonnes, Expect Cooking Gas Prices to Drop
Liquefied Petroleum Gas marketers in Nigeria say they are working towards increasing the country’s annual supply of cooking gas to
Read More
Dangote Redeploys Sacked Refinery Engineers to Other States After PENGASSAN Crisis
The Dangote refinery has started re-engaging the engineers who were sacked during its dispute with the Petroleum and Natural Gas
Read More
How to Grow Your Money Using Your Bank’s Mobile App
In today’s digital era, your bank’s mobile app is more than just a tool for sending and receiving money—it’s a
Read More
Jumia Nigeria Expands Digital Commerce Reach with Second “E-Commerce in Rural Areas” Report
Jumia Nigeria has launched the second edition of its groundbreaking “E-Commerce in Rural Areas” report, unveiling new insights into how
Read More
Fidelity Bank Extends Get Alert in Millions Promo, Raises Prize Pool to ₦189 Million
Fidelity Bank Plc has announced a three-month extension of its flagship savings initiative, the Get Alert in Millions Season 6
Read More
Nigeria Imports 15 Billion Litres of Petrol Despite Dangote Refinery Output
Despite the rise in local refining capacity, Nigeria still imported about 15.01 billion litres of petrol between August 2024 and
Read More
Petrol Leads Nigeria’s Imports with Over 613 Million Litres in One Year
Fresh data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has revealed that Nigeria consumed 613.62 million litres
Read More