Jaiz Bank Plans N150bn Capital Base Following CBN Recapitalisation Directive
Jaiz Bank Plc has announced plans to raise its capital base to N150bn following its confirmation of full compliance with
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Business
NLNG Boss Urges NNPC to Increase Investment in Gas Sector to Stabilise Supply
The Managing Director and Chief Executive Officer of Nigeria LNG Limited, Philip Mshelbila, has appealed to the Nigerian National Petroleum
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FG Moves to Strengthen Local Energy Supply Chain
The Federal Government has announced plans to improve Nigeria’s local energy supply chain to protect the country from global problems
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Oil Marketers Fear Job Losses as Dangote Takes Over Fuel Distribution
The Dangote Refinery has announced a new plan to supply fuel directly to petrol stations using its trucks, starting August
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Egusi Becomes First Nigerian Item Sent to Space in Historic SpaceX Mission
For the first time in history, Nigeria is sending an item into space—and it’s a popular food ingredient known as
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Rotary Club brings healthcare relief to underserved families in Lekki
The Rotary Club of Lekki Golden has delivered vital healthcare services to underserved communities in the Ikota area of Lekki,
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Agriculture Minister Wins Global Agritourism Award for Promoting Sustainability Through Farming
Minister of State for Agriculture and Food Security, Senator Aliyu Abdullahi, has been named the “National Agritourism Patron of the
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FG Plans to Sell 11 Electricity Companies in New Power Sector Reform
The Federal Government may soon re-privatise Nigeria’s 11 power distribution companies (Discos) if they fail to inject fresh capital into
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Vandalism Forces Glo to Relocate Fibre Cables as It Launches Nationwide Network Upgrade
Telecom company Globacom has announced a large-scale project to improve its network across Nigeria, following increased cases of vandalism targeting
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Lagos Warns Residents About Fake Estate Agents Selling Government Flats
The Lagos State Government has issued a serious warning to residents about fake estate agents and scammers advertising non-existent homes
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Dangote Says Fuel Is Cheaper to Load from Lomé Than Nigeria
Aliko Dangote, President of the Dangote Group, has voiced serious concerns over the logistics and regulatory challenges facing his $20
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Enugu Reduces Band A Electricity Tariff to N160 per kWh from August 2025
Enugu State has announced a significant drop in electricity prices for its Band A customers. The new rate will be
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Telcos Raise Alarm as Vandalism Threatens Telecom Services in Nigeria
The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has raised urgent concerns over growing cases of vandalism and theft
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Nigeria’s Electricity Subsidy Jumps to N1.94tn in 2024 Despite Tariff Increase
Nigeria’s electricity subsidy has gone up sharply in 2024. The government now has to pay N1.94 trillion to cover the
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UBA Launches N157bn Rights Issue with Over 3.15 Billion New Shares
United Bank for Africa (UBA) Plc is planning to raise over N157 billion through a major rights issue. This move
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Anambra Revenue Agency Refutes Peter Obi’s Claim on Brewery’s Tax Contribution
The Anambra State Internal Revenue Service (AIRS) has strongly disagreed with claims made by former Governor and 2023 Labour Party
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Nigeria Can Produce 60,000MW of Power, Says Dangote
Aliko Dangote, President of the Dangote Group, has said that Nigeria has no reason to be struggling with power generation.
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UK and Lagos Launch N1.5bn Fund to Boost Creative Entrepreneurs in Nigeria
A major financial breakthrough is on the horizon for Nigeria’s creative sector as the United Kingdom and the Lagos State
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Marketers Protest as Dangote Vows to Crash Cooking Gas Prices in Nigeria
Tension is rising in Nigeria’s gas sector as Aliko Dangote, Africa’s richest man and president of the Dangote Group, announces
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NCF Plants 184,000 Trees to Help Save Nigeria’s Forests
The Nigerian Conservation Foundation (NCF) has announced that it planted 184,000 trees in 2024 as part of its plan to
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