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Heirs Energies Sees $186 Million Paper Gain on Seplat Stake

Heirs Energies records a $186.6 million paper gain on its Seplat stake as shares rise sharply following December acquisition.

Dangote Plans July Share Sale for 650,000 Bpd Refinery

Aliko Dangote says Nigerians may buy shares in the Dangote refinery by July, opening the 650,000 bpd project to public investors.

EFCC Launches Special Unit to Combat Immigration Fraud in Nigeria

The EFCC has inaugurated an Immigration Fraud Section to tackle escalating visa and immigration scams in Nigeria, enhancing security measures.

Abuja Residents Stock Essentials Before #EndBadGovernance Protests

Abuja residents are stocking up on essentials as #EndBadGovernance protests loom, purchasing food and medications to prepare for potential disruptions.

Nigeria Protests Erupt Over Phone Disconnections, NIN-SIM Mandate

Protests erupt in Nigeria over phone disconnections linked to the NIN-SIM mandate, causing widespread frustration and clashes between telcos and subscribers.

Nigeria Lawmakers Flee Abroad Ahead of August 1 Protests

Ahead of August 1 protests, Nigerian lawmakers flee abroad citing fears of violence and inadequate security amidst growing unrest.

Buhari’s Men Block 9 Billion-Dollar Fraud Cases, Ex-Panel Chief Says

Former panel chairman Okoi Obono-Obla reveals how high-level officials blocked major fraud investigations during Buhari's administration.

Nigeria Probes $10 Billion Oil Theft, Aims to Curb Illegal Activities

Nigeria's House of Representatives starts a probe into $10 billion oil theft, aiming to uncover root causes and combat illegal activities.

Government Urges Patience Amid Protests, Pledges to Address Economic Issues

The Nigerian government appeals for patience and dialogue as nationwide protests loom, pledging to address the economic issues causing public discontent.

Nigeria’s Economic Woes: Poor Diversification, Excess Liquidity Cited by CBN

CBN Governor Yemi Cardoso attributes Nigeria's economic woes to poor diversification and excess liquidity, raising interest rates to combat inflation.

Nigeria’s Power Crisis: Deep-Rooted Problems Persist Amid System Failures

Nigeria’s electricity crisis continues due to outdated equipment, gas shortages, and poor management, with no immediate solutions in sight.

Peter Obi Denies Role in Planned Protests, Urges Focus on Aid

Peter Obi refutes claims of organizing upcoming protests, urging focus on aiding struggling Nigerians rather than spreading falsehoods.

Nigeria Reports 22 Building Collapses, 33 Deaths, Urges Immediate Action

Nigeria faces a surge in building collapses, with 22 incidents in 2024. COREN calls for urgent action and collaboration to address the crisis.

Tinubu Intervenes in Minimum Wage Talks, Secures N70,000 Agreement

President Tinubu secures a new minimum wage of N70,000 to address economic challenges faced by Nigerian workers.

Latest articles

Heirs Energies Sees $186 Million Paper Gain on Seplat Stake

Heirs Energies records a $186.6 million paper gain on its Seplat stake as shares rise sharply following December acquisition.

Dangote Plans July Share Sale for 650,000 Bpd Refinery

Aliko Dangote says Nigerians may buy shares in the Dangote refinery by July, opening the 650,000 bpd project to public investors.

TCN Boosts Egbin Substation With New 300MVA Transformer

TCN increases Egbin Transmission Substation capacity to 450MVA with a new 300MVA transformer to strengthen electricity supply in Lagos.

APC Wins Five of Six FCT Councils, PDP Takes Gwagwalada

APC secures five FCT Area Councils in weekend polls as PDP wins Gwagwalada, highlighting competitive local politics in Nigeria’s capital.