Oando acquires NAOC from Italian Eni
Nigeria’s integrated oil company, Oando Plc has completed the acquisition of Eni’s subsidiary, Nigerian Agip Oil Company (NAOC), for $783 million.
The company disclosed this...
Naira loses N43, trades N1, 586/$1 at official window
The naira slumped against the American dollar on Thursday.
Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the domestic currency shed N43...
NGX: Equities market extends bearish trend as investors lose N64bn
The equities market continued its bearish sentiment on Thursday as investors lost N64 billion at the close of the day’s trading.
This followed the...
EFCC arrests 22 suspected internet fraudsters in Edo
The Economic and Financial Crimes Commission (EFCC) has arrested 22 suspected internet fraudsters in Edo State.
The commission’s Head of Media and Publicity, Dele Oyewale,...
Nigeria to prosecute foreigners funding bandits
The Minister of Solid Minerals Development, Dele Alake, on Thursday vowed that the Federal Government would prosecute foreign nationals funding bandits in the country.
...
EFCC arrests billionaire for alleged internet fraud
The Economic and Financial Crimes Commission (EFCC) has arrested a billionaire, Hyginus Nkwocha, for alleged internet fraud and money laundering in Abuja.
The EFCC’s Head...
Army to probe Kaduna killing
The Chief of Army Staff, Lt.-Gen. Taoreed Lagbaja, has ordered an investigation into the alleged killing of three people and some cattle by soldiers...
Court releases six #ENDSARS protesters after 4 years in detention
The Ikeja Chief Magistrates’ Court in Lagos on Thursday released six men charged with breach of the public peace during the 2020 #ENDSARS protest...
Police foils bandit attacks, rescues 30 hostages in Katsina
Police operatives in Katsina on Wednesday foiled multiple attacks by suspected bandits and rescued 30 hostages in the state.
In a statement issued on Thursday,...
Guatemala arrests 7 suspected traffickers over death of 53 migrants in 2022
At least seven people have been arrested in Guatemala in connection with the deaths of 53 migrants in the United States in 2022.
The country’s...
