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Business

NIPCO to Acquire 19 Percent Stake in Savannah Energy

NIPCO Plc will acquire a 19 percent stake in Savannah Energy Plc, strengthening the Kansagra family’s position in Nigeria’s growing gas sector.
Business

Aradel Raises ND Western Stake to 81.7 Percent

Aradel boosts its stake in ND Western to 81.67 percent, reinforcing its upstream dominance and expanding its role in Nigeria’s oil and gas industry.
News

Nigeria’s Central Bank Cuts Customs Duty Rate Following Lawmakers’ Order

Nigeria’s Central Bank (CBN) has reduced the exchange rate for computing customs duties at...
Business

Nigeria’s Central Bank Refuses to Settle $2.4 Billion of Fraudulent FX Claims

Nigeria’s Central Bank (CBN) has announced that it will not pay off $2.4 billion...
News

Nigeria’s Forex Crisis Eases as Central Bank Clears Backlog

Nigeria’s central bank has cleared the backlog of foreign exchange liabilities of 14 banks...
Business

Nigeria’s New Central Bank Chief Promises to Tame Inflation and Stabilise Naira

Nigeria’s newly appointed central bank governor, Olayemi Cardoso, has vowed to curb the soaring...
Politics

Senate Advances Bills to Prevent Central Bank Leaders from Entering Politics

The Nigerian Senate has taken significant steps towards barring the governor of the Central...
Business

Naira Plummets to All-Time Low as Dollar Scarcity Bites Harder

The Nigerian naira has hit a record low on the unofficial market as the...

Latest articles

Business

NIPCO to Acquire 19 Percent Stake in Savannah Energy

NIPCO Plc will acquire a 19 percent stake in Savannah Energy Plc, strengthening the Kansagra family’s position in Nigeria’s growing gas sector.
Business

Aradel Raises ND Western Stake to 81.7 Percent

Aradel boosts its stake in ND Western to 81.67 percent, reinforcing its upstream dominance and expanding its role in Nigeria’s oil and gas industry.
Business

Nigeria Approves $1 Billion to Modernize Lagos Seaports

Nigeria has approved $1 billion to modernize the Apapa and Tin Can Island ports, a major step in its maritime reform plan led by the Chagoury Group’s ITB Nigeria.
News

Nigeria’s Educators Push for Early Sex Education Reform

Educators and parents across Nigeria are calling for early sex education to be prioritized in schools to empower adolescents.

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