Breaking! Glo-MTN dispute: No more disconnection as NCC suspends notice
The Nigerian Communications Commission has suspended a pre-Disconnection Notice informing subscribers of the approval granted to MTN Nigerian Communications Plc. (MTN) to commence the phased disconnection of Globacom Limited (Glo)…
Ibadan explosion: Explosive device stored by illegal miners caused blast which 77 injured, killed 2 – Gov. Makinde Â
Jan. 17Â 2024 The governor of Oyo State, Seyi Makinde, says preliminary investigations by the security agencies has revealed that explosive devices stored by illegal miners occupying a house in…
Edugate: Leaked memo shows Gbajabiamila approved withdrawal of N3bn by minister
The scandal rocking the Ministry of Humanitarian Affairs and Poverty Alleviation has taken a new turn as the Chief of Staff to the President, Femi Gbajabiamila, has been alleged to…
Blackmail, not forex, major reason for multinationals exiting Nigeria – Ekeh
Serial digital entrepreneur, Leo Stan Ekeh, has spotlighted the chief reasons why multinationals are exiting Nigeria and warned that if nothing was done, more of such businesses and indigenous ones…
Shell to exit Nigeria’s onshore oil after nearly a century, to sell subsidiary for $2.4bn
January 16, 2024 Shell is set to conclude nearly a century of operations in Nigerian onshore oil and gas after agreeing to sell its subsidiary there to a consortium of…
Ex-minister, Charles Ugwuh, in EFCC net over alleged N3.6bn bank loan
The Economic and Financial Crimes Commission (EFCC) has arrested a former Minister of Commerce and Industry, Charles Ugwuh, over an alleged conspiracy and fraud to the tune of N3.6 billion….
Nigeria’s Inflation Rate Rises To 28.9%, Food inflation sees a 10.18% year-on-year increase
Jan. 15, 2024 The country’s headline inflation rate increased to 28.92% in December 2023, relative to the November 2023 headline inflation rate of 28.20%, according to the December 2023 Consumer…
PRESIDENT TINUBU ESTABLISHES SPECIAL PRESIDENTIAL PANEL ON SOCIAL INVESTMENT PROGRAMMES
Jan. 13, 2024 President Tinubu has approved the establishment of a Special Presidential Panel, which will be led by the Coordinating Minister of the Economy and Honourable Minister of Finance,…
Afreximbank, UBA disburse $2.25bn crude oil prepayment loan facilitated by NNPC Ltd
Afreximbank, UBA Announce an Initial Disbursement of US$2.25 billion Under a syndicated US$3.3 billion Crude Oil Prepayment Facility sponsored by the Nigerian National Petroleum Company Limited. Landmark financing…
Just in: Tinubu Suspends National Social Investment Programmes
President Bola Ahmed Tinubu has suspended all administered programmes by the National Social Investment Programme Agency (NSIPA). This is further to the ongoing investigation of alleged malfeasance in the…