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Shell and Equinor complete formation of Adura, to be the UK’s largest independent North Sea producer
Shell U.K. Limited, a subsidiary of Shell plc and Equinor UK Limited, a subsidiary of Equinor ASA have completed a deal to combine...
Tinubu, NASS, FCT Donate N320m To Nigerian Legion
President Bola Tinubu, on Tuesday in Abuja, donated N200 million to the Nigerian Legion, assuring that the government will give more attention to...
Mali Recovers $1.2b In Arrears From Miners
AGENCY REPORT—Mali’s Economy and Finance Minister, Alousséni Sanou, said the country recovered 761 billion CFA francs ($1.2 billion) in arrears from mining companies...
Otti’s Advance Convoy Ambushed In Imo State
Abia State Governor, Dr. Alex Otti, escaped unhurt after unidentified gunmen opened fire on his advance team in the early hours of Tuesday,...
Wike Re-Awards 13km Apo–Karshi Road to SCC Nigeria After Sacking Non-Performing Contractor
New contractor begins work on Apo-Karshi road A new contractor, SCC Nigeria Limited, has begun work on the 13 kilometre Apo-Karshi road, replacing...
Tinubu Nominates General Christopher Gwabin Musa As New Minister Of Defence.
NKECHI NAECHE-ESEZOBOR—President Bola Ahmed Tinubu has nominated General Christopher Gwabin Musa as the new Minister of Defence. In a letter to Senate President...
No Media Repression Under Tinubu-FG
The Federal Government has reaffirmed its firm commitment to press freedom, democratic accountability, and the protection of Nigeria’s information space, stating that the...
Northern Leaders’ Push For State Police, Suspension Of Mining Activists
COMMUNIQUÉ ISSUED AFTER THE JOINT MEETING OF THE NORTHERN STATES GOVERNORS’ FORUM AND THE NORTHERN TRADITIONAL RULERS’ COUNCIL HELD ON MONDAY, 1ST DECEMBER,...
SanlamAllianz Nigeria Wins .NG Insurance Website Of The Year
Outstanding Performance Earns Veritas Kapital 2025 PEARL Turnover Growth Award
Leadway Assurance Join Forces With AGRA, NADF, Verdure Climate To Strengthen Protection For Farmers
Travel Festival By Heirs Insurance Sets New Benchmark For Inclusive Tourism In Africa
Sovereign Trust Insurance PLC Set for N5bn Capital Injection Following Board Approval
Shell and Equinor complete formation of Adura, to be the UK’s largest independent North Sea producer
Shell U.K. Limited, a subsidiary of Shell plc and Equinor UK Limited, a subsidiary of Equinor ASA have completed a deal to combine...
FG Sets Up Inter-Ministerial Committee to Deliver Reliable Power to Health Facilities Nationwide
The Federal Government inaugurated an Inter-Ministerial Steering Committee (IMSC) for the Nigeria Power-for-Health Initiative (NPHI), a major step towards ending chronic power shortages...
Dangote Refinery Targets 1.5bn Litres Of PMS Monthly To Stabilise Fuel Supply
BY OUR REPORTER—Dangote Petroleum Refinery has announced plans to supply one billion five hundred million litres of Premium Motor Spirit (PMS) monthly to...
NNPC/Heirs Energies Drives Domestic Gas Growth with 135m Per Day Production Increase
In what is considered as a breakthrough in Nigerian oil sector, The NNPC/Heirs Energies OML 17 Joint Venture (JV) disclosed that it has...
Dangote Selects U.S. Honeywell For Refining Expansion
Dangote Petroleum Refinery on Tuesday announced that it has picked US-based Honeywell as its strategic partner to support its plan to double capacity...
NNPCL Declares ₦5.4 Trillion Profit After Tax
BY NKECHI NAECHE-ESEZOBOR— NNPC Limited has released its financial statement for the full year ended 2024, reporting a Profit After Tax of ₦5.4...
Fidelity Bank, FMDQ, UBA, CSCS For CAMCAN 2025 Workshop
The Capital Market Correspondents Association of Nigeria (CAMCAN) has concluded plans to host its 2025 annual workshop, a key engagement platform designed to...
FG Targets Affordable Housing Boost Through SEC–FMBN Non-Interest Mortgage Collaboration
BY NKECHI NAECHE-ESEZOBOR—In a significant move aimed at tackling the nation’s massive housing deficit and deepening financial inclusion, the Securities and Exchange Commission...
Nigeria: SEC To Begin T+2 Settlement Cycle Nov 28
The Securities and Exchange Commission (SEC) has announced that the Nigerian capital market will officially transition to a T+2 settlement cycle for equities...
Norrenberger Buys Into NASD, Takes Over GTI’s 4.35% Equity Stake For N1.305bn
BY NKECHI NAECHE-ESEZOBOR—In a transaction that will reverberate across Nigeria’s capital markets, Norrenberger Securities Limited has acquired a strategic 4.35% stake in NASD...
Edun Reassures Investors, Vows Fair Capital Gains Tax Policy As NGX Lists MREIF
Nigerian Exchange (NGX) today hosted the Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, at the Closing Gong Ceremony...
NGX Rallies 8% in October as Earnings, Policy Reforms Fuel Confidence
BY NKECHI NAECHE-ESEZOBOR—Nigerian Exchange Limited (NGX) closed October 2025 on a bullish note, gaining 8 per cent and extending the upward momentum that...
AFC raises record US$524m in Dual-Currency Samurai Loan Facility
JOKE AJIBADE—Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has closed a landmark US$524 million equivalent dual-currency Samurai term loan facility....
Nigeria’s GDP Growth Hits 3.98% In Q3 2025
BY NKECHI NAECHE-ESEZOBOR-National Bureau of Statistics (NBS), on Monday said Gross Domestic Product grew by 3.98% (YoY) in real terms in Q3 2025,...
First HoldCo Plc Concludes Sale Of 100% Stake In FBNQuest Merchant Bank to EverQuest
BY NKECHI NAECHE-ESEZOBOR—First HoldCo Plc at the weekend said it has successfully completed the full divestment of its 100% ownership in FBNQuest Merchant...
Tinubu, NASS, FCT Donate N320m To Nigerian Legion
President Bola Tinubu, on Tuesday in Abuja, donated N200 million to the Nigerian Legion, assuring that the government will give more attention to...
Mali Recovers $1.2b In Arrears From Miners
AGENCY REPORT—Mali’s Economy and Finance Minister, Alousséni Sanou, said the country recovered 761 billion CFA francs ($1.2 billion) in arrears from mining companies...
Otti’s Advance Convoy Ambushed In Imo State
Abia State Governor, Dr. Alex Otti, escaped unhurt after unidentified gunmen opened fire on his advance team in the early hours of Tuesday,...
Wike Re-Awards 13km Apo–Karshi Road to SCC Nigeria After Sacking Non-Performing Contractor
New contractor begins work on Apo-Karshi road A new contractor, SCC Nigeria Limited, has begun work on the 13 kilometre Apo-Karshi road, replacing...
Tinubu Nominates General Christopher Gwabin Musa As New Minister Of Defence.
NKECHI NAECHE-ESEZOBOR—President Bola Ahmed Tinubu has nominated General Christopher Gwabin Musa as the new Minister of Defence. In a letter to Senate President...
No Media Repression Under Tinubu-FG
The Federal Government has reaffirmed its firm commitment to press freedom, democratic accountability, and the protection of Nigeria’s information space, stating that the...
Northern Leaders’ Push For State Police, Suspension Of Mining Activists
COMMUNIQUÉ ISSUED AFTER THE JOINT MEETING OF THE NORTHERN STATES GOVERNORS’ FORUM AND THE NORTHERN TRADITIONAL RULERS’ COUNCIL HELD ON MONDAY, 1ST DECEMBER,...
Nigeria Offers Protection To Guinea-Bissau Presidential Candidate Amid Threats
The Federal Government of Nigeria has granted temporary asylum to Guinea-Bissau’s opposition presidential candidate, Fernando Dia Da Costa, providing him protection within the...
