24 ships discharge petroleum products, other goods in Lagos ports
A total of 24 ships have berthed at the Apapa, Lekki and Tin-Can Island ports in Lagos, discharging petroleum products and other commodities, the Nigerian Ports Authority (NPA) said on…
Edo reopens schools shut over kidnap threats, cites improved security
The Edo Government has approved the reopening of schools in Akoko-Edo LGA recently shut over security concerns, after intelligence reports indicated a plan to attack schools in the area. The…
DSS operatives arrest suspected gun courier in Kano
Operatives of the Department of State Service (DSS), have arrested a 30-year-old suspected gun courier, Muhammad Abubakar in Kano State. Parading the suspect at its State Command, in Kano, the…
UK, Nigeria unveil £15m joint economic transformation programme
The United Kingdom and Nigeria have unveiled a new £15 million Growth Programme aimed at unlocking private investment and accelerating economic transformation between them. The British High Commission made this…
Tinubu to terrorists: Surrender or face the full force of the State
…Pledges Largest-Ever Security Budget, Sweeping Power Reforms in Radical Push for Economic Freedom In a wide-ranging Democracy Day address marking 27 unbroken years of civilian rule, President Bola Ahmed Tinubu…
Nigerian Court Convicts 11 Indian Sailors, Vessel Over 31.5kgs of Cocaine Smuggling in Lagos
…Orders payment a combined total of $6 million A Federal High Court sitting in Lagos has convicted 11 Indian sailors and their merchant vessel, MV Aruna Hulya, ordering them to…
Dangote Refinery seeks $1 billion private placement ahead of planned listing
Nigeria’s Dangote Petroleum Refinery is seeking to raise about $1 billion through a private placement, valuing the company at approximately $39.1 billion, according to sources and a placement document. The…
African FX: Ghana’s Cedi and Zambia’s Kwacha Set to Strengthen, Nigeria’s Naira Stays Stable
The Ghanaian and Zambian currencies are expected to strengthen against the dollar in the next week to Thursday, while Nigeria’s is likely to remain broadly stable, traders said. GHANA Ghana’s…
NDLEA destroys 73,463kg illicit drugs worth N2.8bn in Edo
The National Drug Law Enforcement Agency (NDLEA) on Thursday destroyed 73,463.21kg of assorted illicit drugs seized across Edo, with the street worth of N2.8 billion. In his address at the…