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Article 'Dangote Tops Africa’s Billionaires as Rabiu, Otedola, Adenuga Make Forbes’ 2025 List'- Nigeria News
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Article 'Filling Stations in Lagos Increase Petrol Prices by N70, Reaching N930 per Litre'- Nigeria News
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Article 'Petrol Price Hike: Nigerians Groan as Pump Rate Hits N970 Per Litre'- Nigeria News
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Article 'Nigerian Senate Questions $1B Sale of Lafarge Africa to Chinese Firm'- Nigeria News
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Everything You Need to Know About the NDDC Youth Internship SchemeI want to apply
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The federal government has awarded the Lagos ports renovation contract to Chagoury Group, led by Gilbert Chagoury. The $1.1 billion project, approved by the Federal Executive Council, aims to modernize Tin Can and Apapa ports. The Nigerian Ports Authority is expected to announce further details...
President Bola Tinubu has appointed Bishop Matthew Kukah as Pro-Chancellor of the Federal University of Applied Sciences, Kachia. Key officials were also named, including a vice-chancellor and governing council members. Tinubu urged them to foster academic excellence as the university prepares...
Nigeria’s inflation rate drops to 23.2% in February 2025, a slight decline from January’s 24.1%. This follows an overhaul of the consumer price index aimed at better reflecting inflation pressures. While positive, the rate remains high, keeping economic challenges in focus.
Nigeria's inflation...
Donald Trump is considering a travel ban on 43 countries, categorizing them into red, orange, and yellow lists. Nigeria, South Africa, and Egypt are excluded. The ban, similar to past restrictions, may impact U.S. diplomacy. While not finalized, it signals another shift in America’s immigration...
PZ Cussons Nigeria (PCZN) failed to secure the 75% shareholder approval needed to convert a ₦51.79 billion intercompany loan into equity. Despite strong minority shareholder backing, key dissenting votes blocked the deal. The company remains focused on alternative restructuring to address...
Renaissance Africa Energy Holdings has completed its acquisition of Shell Petroleum Development Company (SPDC) in Nigeria. The $1.3 billion deal, backed by regulatory approval, positions Renaissance as a key player in Africa’s energy sector. The company aims to enhance Nigeria’s energy security...
The Nigeria Customs Service (NCS) seized over $1.1 million in undeclared foreign currency at Kano Airport, hidden inside palm-date fruit packs. The suspect, arriving from Saudi Arabia, was handed over to the EFCC, and a court ordered the money’s forfeiture. Authorities urge strict compliance...
Lagos has emerged as Africa’s second-largest city economy, with its GDP reaching $259.75 billion, surpassing other major African cities except Cairo. The state’s economy expanded to N27.38 trillion in 2024, driven by infrastructural investments and economic reforms. However, experts urge...
The naira appreciated to N1,565/$ in the parallel market, while it weakened to N1,537/$ in the official market, narrowing the gap to N37/$. Analysts link the fluctuations to CBN policies and forex supply dynamics, as businesses and investors closely monitor the currency’s stability and future...
The landing cost of petrol in Nigeria has dropped to N774.82 per litre, a 16.5% decrease, due to falling global crude oil prices. This could drive fuel prices lower, sparking competition between NNPC, Dangote Refinery, and importers. Experts predict a further drop to N800 per litre soon.
The...
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