The Nigerian National Petroleum Company Limited (NNPC) has announced that the $2.8 billion Ajaokuta–Kaduna–Kano gas pipeline project, currently being constructed by Oilserve Limited, is set to be inaugurated next month. Oritsemiyiwa Eyesan, the Executive Vice President, Upstream, NNPC Limited, disclosed … Continue reading NNPCL set to inaugurate $2.8 billion AKK gas pipeline in December
Union Bank of Nigeria has announced an upward adjustment in the acquisition price for minority shareholders’ stakes, raising it from N7 per unit to N7.70. The disclosure came in a statement signed by Company Secretary Somuyiwa Sonubi on Tuesday as … Continue reading Union bank concludes steps to delist shares from NGX
The United Kingdom and the United States have implemented targeted sanctions against six Hamas leaders and financiers to disrupt the organization’s operations in Gaza and beyond. The sanctions, which include travel bans, asset freezes, and arms embargoes, were announced in … Continue reading US and UK enforce travel ban on Hamas leaders
The Ondo State Sector Command of the Federal Road Safety Corps (FRSC) has reported the arrest of 28 individuals across the state for alleged traffic offenses over the past month. The arrests, carried out in Akure and its environs, were … Continue reading Ondo state FRSC arrests 28 traffic offenders in recent crackdown
Nigerian hip-hop artiste, Owoh Chimaobi Chrismathner, popularly known as Zoro Swagbag, has opened up about the challenges he faced before hitting stardom, revealing that renowned rapper Phyno played a crucial role in his journey. Zoro disclosed in the latest episode … Continue reading I slept on the floor in Phyno’s house before I became popular – Zoro
The Minister of Power, Adebayo Adelabu, announced on Monday that the Federal Government has identified approximately $23 billion in investment opportunities in Nigeria aligned with the country’s Energy Transition Plan (ETP). Speaking at the 2nd German-Nigerian Symposium on Green Hydrogen, … Continue reading FG unveils $23 billion investment opportunities in energy transition plan
Nigerian striker Victor Osimhen has disclosed that he turned down a lucrative offer from Saudi Arabia, a decision he admits would have changed his life. Osimhen, who had a standout season with Napoli, attracting interest from top clubs, including Manchester … Continue reading Osimhen unveils reasons for turning down lucrative Saudi offer
The volume of dollars traded on the Investor & Exporter forex window surged by 46.69 percent to $123.25 million on Monday, marking a significant increase from Friday’s turnover of $84.02 million. Despite this rise, the naira experienced a depreciation of … Continue reading Naira continues depreciation despite 46.69% surge in dollar turnover
The Academic Staff Union of Universities (ASUU) has issued a directive to all zonal coordinators and chairpersons urging the mobilization of members for the nationwide strike following the directive from the Nigeria Labour Congress (NLC) and the Trade Union Congress … Continue reading ASUU issues directive for members to join nationwide strike
The appointment of David Cameron to a key government position has sparked controversy due to his connection with the Greensill Capital financial scandal. Cameron, the former UK Prime Minister, was revealed two years ago to have earned approximately $10 million … Continue reading Cameron’s reappointment reignites Greensill finance scandal controversy
Shallipopi, the popular Nigerian singer, refutes allegations of spending N9 million on ‘fake streams’ to enhance digital music chart performance. The denial comes in response to claims by up-and-coming artist Ebaide, who asserted that an influencer promised similar services but … Continue reading Shallipopi denies N9 million ‘Streaming Farm’ allegations
Nigerian Afropop sensation Adelaja David, widely known as Pupa Tee, has opened up about his enduring struggle with kidney problems spanning over two decades. In a heartfelt Instagram post, the artist shared his journey and the ongoing dialysis treatment. ALSO … Continue reading Singer Pupa Tee reveals 20 year struggle with kidney issues
The Cross River State Police have verified the kidnapping of Prof. Patrick Egaga, the Director of Servicom at the University of Calabar. The incident occurred on Sunday night at his residence within the university staff quarters. SP Irene Ugbo, the … Continue reading University of Calabar director abducted
In a recent two-day management retreat at the Ministry of Police Affairs, the Minister of State for Police Affairs, Imaan Suleiman-Ibrahim, affirmed the commitment of the police high command to execute President Bola Tinubu’s directives. These directives include the withdrawal … Continue reading Tinubu directs withdrawal of police personnel from VIP security duties
Sales numbers from Apple’s Q4 2023 show a fourth consecutive quarter of year-over-year declines, with $89.5 billion in sales, a 1% decrease compared to the same period last year. Despite the dip in sales, Apple‘s net income for the quarter … Continue reading Apple’s Q4 2023 shows fourth consecutive sales decline
Whitney Wolfe Herd, the founder of Bumble, a popular dating app, is set to step down as CEO after nearly a decade of leading the company. Lidiane Jones, the current CEO of Slack and a seasoned tech executive, will assume … Continue reading Bumble founder steps down as CEO
A Nigerian graduate has burnt all his certificates while lamenting about how “useless” education has become in Nigeria. The man, who graduated from Ajayi Crowther University, said it has been almost 14 years since he graduated from University yet he … Continue reading “What’s the essence of a certificate when I’m dragging jobs with illiterates” – Man says as he burns his certificates (video)
Nigerian singer Habeeb Okikiola, popularly known as Portable, secured the Best New Artist accolade at the 2023 African Entertainment Awards, USA (AEUSA). This marks Portable’s inaugural international music award, triumphing over competitors such as Blaq Bones, Odumodublvk, and Seyi Vibez. … Continue reading Portable wins first international music award
Eight companies have reported a total currency revaluation loss of N918.1bn, attributing it to a 68.55% decline in the value of the naira against the dollar. Following the Central Bank of Nigeria’s decision to let the market determine the naira’s … Continue reading Firms report N918.1bn loss on naira-dollar revaluation
The trial of Azeez Fashola, widely known as Naira Marley, charged with alleged cybercrime, faced a setback as the Federal High Court in Lagos could not convene due to the judge’s absence. Justice Nicholas Owiebo, slated to preside over the … Continue reading Judge’s unavailability delays Naira Marley’s cybercrime trial
Two female officials from the Lagos Waste Management Authority (LAWMA) lost their lives in a horrifying accident on Monday when they were struck by a Sienna vehicle in the Charlie Boy area heading towards Gbagada, Lagos State. The tragic incident … Continue reading Tragic accident claims lives of two LAWMA officials
Former Anambra State Governor and Labour Party presidential candidate, Peter Obi, announced a donation of N20 million to the Faith Foundation Mission Hospital in Nsukka, Enugu State. The funds are intended to support the establishment of a College of Nursing … Continue reading Peter Obi donates N20m to establish college of nursing in Enugu
Africa’s wealthiest man, Aliko Dangote, reveals that his refinery has obtained a license to refine over 300,000 barrels of Nigerian crude per day, anticipating the commencement of gasoline production in the near future. Speaking at the Saudi-Nigeria business roundtable in … Continue reading Dangote refinery granted license for 300,000bpd crude processing
British Chancellor Rishi Sunak announced the dismissal of controversial Interior Minister Suella Braverman as part of a cabinet reshuffle in preparation for an upcoming general election. Braverman, known for her outspoken right-wing views, faced increasing criticism for her handling of … Continue reading Controversial UK interior minister, Suella Braverman, sacked in cabinet reshuffle
The air component of the joint military task force, Operation Hadin Kai, successfully neutralized a significant number of terrorists in the Ajigin and Banki Junction areas of Borno State. Air Commodore Edward Gabkwet, the Director of Public Relations and Information … Continue reading Nigerian air force eradicates terrorists in Borno state raids
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