NNPCL Supported Dangote Refinery Establishment With $1 Billion Loan
The Nigerian National Petroleum Company Limited has said it secured a $1bn loan backed by crude oil to support the coming on stream of the…
Author: Joseph
Nigeria Clears N85bn, $54m ECOWAS Levy After 19 Years
Nigeria has made its first full payment of the Economic Community of West African States (ECOWAS) levy in 19 years, contributing N85.54 billion and $54…
Nigeria Exports ₦181.62 Billion Electricity In 9 Months
Nigeria exported N181.62bn worth of electricity from January to September of 2024, analysis of data from the National Bureau of Statistics (NBS) has shown. A…
Dangote Refinery Extends Export To Three African Countries
The Dangote refinery has exported Premium Motor Spirit (petrol) to Cameroon, Angola, Ghana, and South Africa in the past few weeks.The Vice President of Oil and…
₦80.2 Billion Fraud: Court Grants Yahaya Bello ₦500 Million Bail
The Federal High Court sitting in Abuja, on Friday, granted bail to the immediate past Governor of Kogi State, Alhaji Yahaya Bello, to the tune…
FBI Arrests Abiola Kayode Who Fled Nigeria To Ghana After $6 Million Scam
FBI nabs most-wanted fraudster Abiola Kayode who fled Nigeria to Ghana after $6 million business email racket United States Attorney Susan Lehr announced the extradition…
With BVAS, Pvcs Should No Longer Be Sole Requirement For Voting – INEC
Ahead of future elections, the Independent National Electoral Commission (INEC) has recommended using computer-generated voting slips for those without Permanent Voter Cards (PVCs). Speaking on Thursday…
Nigeria Cocoa Exports Jumps By 300% From ₦161.8 Billion To ₦644 Billion
The Nigerian cocoa industry has experienced a recent surge in demand and profitability, with data indicating that the country’s annual cocoa volume of 250,000 tonnes…
Lagos Business woman, Jailed 17 Years For ₦57.6 Million Fraud
A Lagos State High Court in Ikeja on Thursday convicted and sentenced a businesswoman, Oluremi Phillips, to 17 years imprisonment for defrauding a company, AYM…
CBN Fines Moniepoint And Opay ₦1 Billion Each As Nigeria Tightens Regulation
In a continuation of the Central Bank of Nigeria’s (CBN) increased scrutiny of fintech startups, two of the country’s most prominent unicorns, Moniepoint and OPay,…