World food prices up in May for third consecutive month – FAO
June 7, 2024 The United Nations world food price index rose for a third consecutive month in May, as higher cereals and dairy product prices outweighed decreases in prices for…
Afreximbank disburses $925 million crude oil-backed loan to Nigeria’s NNPC
June 7, 2024 Afreximbank has disbursed $925 million to Nigeria’s state-owned NNPC, part of a syndicated $3.3 billion crude oil-backed prepayment facility, the African trade bank said on Thursday. This…
Konga Wins HP Retail Supplies Partner of the Year 2023 Award
Konga, the multiple award-winning composite e-commerce group, has again made a significant mark on the global stage. The retail powerhouse has been honored with the prestigious Retail Supplies Partner of…
Dupe Olusola to be awarded Hospitality Leadership Award in Namibia
At the Africa Hospitality Investment Forum (AHIF), taking place in Namibia in June, Alain Sebah, President, Golden Tulip Afrique Francophone & East Africa (GTAF), and Dupe Olusola, Managing Director and…
NLNG dismisses reports at NASS meeting on Train 7 Project as false
Nigeria LNG Limited (NLNG) has noted recent media reports regarding a meeting by the Senate and House of Representatives’ Joint Committee on Gas, which examined contracts for the company’s Train…
Atiku accuses Tinubu of diverting funds through secret petrol subsidy
The Presidential candidate of the Peoples Democratic Party (PDP) in the 2023 election, Atiku Abubakar, has accused the Bola Tinubu administration of diverting public funds through petrol subsidy, hence the…
Fidelity Bank to sell shares to meet new capital requirement
June 6, 2024 Nigeria’s Fidelity Bank said on Thursday it would raise up to 127.1 billion naira ($88 million) via a rights issue and a public share offering to comply…
NNPCL subsidiary NETCO Posts 137% Increase in Operating Profit for 2023
The NNPC Engineering and Technical Company (NETCO), a subsidiary of the Nigerian National Petroleum Company Limited (NNPC Ltd), has announced a 137 per cent increase in operating profits for the…
NCC Boss, Aminu Maida, to Chair SUPERNEWS Confab June 13
The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Dr. Aminu Maida will chair the SUPERNEWS Nigeria SMEs confab scheduled for June 13, 2024 at Radisson Hotel, GRA, Ikeja,…
How we rescued victims from collapsed mining site – Alake
The Federal Government has mobilised first responders to the scene of a collapsed mining site in Galadima Kogo, Shiroro Local Government Area (LGA) of Niger State. The Minister of Solid…