Exxon moves to smaller offices as it cuts back Nigerian operations
May 30, 2024 ExxonMobil is not renewing a 33-year-old lease on its expansive offices in Lagos’s upscale Lekki district which expires on Friday, three sources inside the company told Reuters,…
Afreximbank bags banker, deal of year awards
African Export-Import Bank (Afreximbank) has won the ‘Bank of the Year’ and ‘Deal of the Year (Infrastructure)’ awards at the African Banker Awards . Vincent Musumba, Manager, Communications and Events,…
NNPC Report Shows Port Harcourt Refinery Will Produce Petrol By September – Minister
May 30, 2024 A report by the Nigerian National Petroleum Company Limited (NNPC Ltd) has shown that the Port Harcourt refinery will start petrol production within the next quarter, the…
Revealed! The secret banter that produced Abuja metro line
It took a banter between President Bola Tinubu and FCT minister Nyesom Wike to speed up work and deliver the Abuja metro line in record time. At the unveiling of…
BioNTech gets $145 mln funding for African vaccine plants
May 29, 2024 COVID-19 vaccine maker BioNTech has secured up to $145 million in funding from a global coalition against infectious diseases to help build a production network in Africa…
Post-COVID: China is back in Africa and doubling down on minerals
May 29, 2024 China’s flagship economic cooperation program is bouncing back after a lull during the global pandemic, with Africa a primary focus, according to a Reuters analysis of lending,…
Breaking! Konga Tech Month Enters Final Stretch with Huge Discounts
The Konga Tech Month sales campaign from e-commerce giant Konga has been nothing short of a sensation since it kicked off on the 1st of this month. With massive discounts…
Stalemate as Labour again rejects FG’s N60,000 minimum wage
The Organised Labour comprising the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC), has again rejected the offer of the Federal Government to pay ₦60,000 as new minimum…
Development: NNPC Ltd, JV Partners, NDDC Commission N24.5bn Ogbia-Nembe Road
As part of activities to mark the one year anniversary of the President Bola Ahmed Tinubu administration, the NNPC Ltd and its joint venture partners – Shell Petroleum Development Company…
LASG set to generate power power from solid waste, as Sanwo-Olu signs deal with Dutch firm
May 28, 2024 …Investor gets State Govt’s nod to build High Efficiency Waste-to-Energy Plant on Epe landfill Lagos State has taken a major step towards turning tonnes of solid waste…