Femi Otedola Expands Stake in First HoldCo Through N77.6bn Acquisition
Chairman of First HoldCo Plc, Femi Otedola, has added to his stake in the financial services group after buying more shares worth ₦77.6 billion...
LAFBART Unveils Made-in-Nigeria Vehicles With 60% Local Content
Lafbart Innovations & Consulting Ltd. (LAFBART), a leading Nigerian automotive engineering and manufacturing company, has taken another giant step towards realizing its vision of...
Rebuilt Yola Modern Market Commissioned To Boost Trade In Adamawa
Adamawa State Governor, Ahmadu Umaru Fintiri has commissioned the reconstructed Yola Market, which he unveiled as the Modibbo Adama Modern Market, Yola (MAMMY), as...
FG Reveals Why Criminals Evade Detection Despite NIN-SIM Registration
The mandatory National Identification Number-SIM connection, which was implemented by the federal government in 2020, was seen as a game-changer in Nigeria's battle against...
Oil Surges To $86.79 Per Barrel Amid Escalating US-Iran Crisis
Tuesday saw a dramatic increase in global crude oil prices, reaching their highest level in a month as concerns about potential disruptions to the...
Apapa Port: Nigeria Customs Uncovers N26.57bn Cannabis Shipment Hidden in Cars
The Apapa Area Command of the Nigeria Customs Service (NCS) has intercepted a huge consignment of Cannabis Indica with a Duty Paid Value (DPV)...
UTM Offshore Targets Key September Investment Decision For Floating LNG Facility
With the financing now secured, UTM Offshore says it is on track to make a Final Investment Decision on Nigeria’s first floating LNG project...
REA: Solar Energy Now Provides 20% Of Nigeria’s Electricity Supply, May Reach 50% By...
Solar power generation has increased significantly in the last few years to about 20 per cent of Nigeria’s electricity supply and could reach 50...
Nigerian Filling Stations Close Amid Fresh Petrol Price Hike Speculation
Some Nigerian filling stations have shut down following speculative hikes in the price of premium motor spirit.
Total, Emedab and other filling stations are closed...
Oil And Agriculture Increase Climate Vulnerability Of Nigerian Banks — Fitch
Nigerian banks are particularly exposed to climate-related risks as significant parts of their loan books are exposed to oil, gas and agriculture, sectors that...
