Chevron Buys About 5% Of Hess Stock

Chevron has bought about 4.99% of Hess Corp’s common shares this year. Chevron purchased 15,380,000 Hess shares between January and March, worth about $2.3 billion based on Hess’ closing share price of $150.45 on Monday. In a filing on Monday, the oil

by News Editor

March 18, 2025

News

Asharami Energy Partners UNEP On Environmental Sustainability In Upstream Sector

Asharami Energy, a Sahara Group Upstream company, has joined the United Nations Environmental Program (UNEP)-led Oil and Gas Methane Partnership (OGMP) 2.0, in its bid to contribute to the global efforts geared towards methane abatement and reduction of fugitive emissions. The development,

by News Editor

March 18, 2025

News

More Trouble Awaits Nigerian HIV Patients, Others As Treatment “Could Run Out Soon” — WHO Declares

The World Health Organization (WHO) on Monday listed Nigeria among the eight countries likely to run out of supply of HIV treatments soon. This is as the Trump administration’s decision to pause U.S. foreign aid has “substantially disrupted” supply of HIV treatments

by News Editor

March 18, 2025

News

Wike Revokes 4,794 Land Titles In Abuja

The Minister of the Federal Capital Territory (FCT) Nyesom Wike has revoked the land titles of four thousand, seven hundred and ninety-four property owners in ten districts of the nation’s capital over non-payment of ground rents for over ten years. The Senior

by News Editor

March 18, 2025

News·Politics

I See No Opponent Against My Re-Election, Says Soludo

Governor Chukwuma Soludo threw a challenge to opposition parties in Anambra State on Monday, saying he sees no competent challenger as he seeks re-election in the November 8, 2025 governorship poll. The former governor of the Central Bank of Nigeria (CBN) said

by News Editor

March 18, 2025

Economy·News

Nigeria’s Inflation Drops To 23.18% From 24.48%

Nigeria’s headline inflation rate dropped to 23.18% relative to the January 2025 headline inflation rate of 24.48%. This was disclosed by the Nigeria Bureau of Statistics (NBS) on Monday in its February 2025 consumer price index (CPI). According to NBS, the headline

by News Editor

March 18, 2025

Economy·News

Interest Rate, Insecurity, Power Supply, Taxes, Bank Charges Top Business Constraints For February — CBN

A cross-section of business owners has identified high interest rates, insecurity, insufficient power supply, high taxes, financial difficulties, and excessive bank charges as the main constraints for February 2025, according to a CBN report. The report comes amid a drop in the

by News Editor

March 18, 2025

News·Politics

Obasanjo Urges Fubara to Assert Control, Considers Shutdown of Rivers Assembly Amid Crisis

Amid intensifying political dispute in Rivers State, former President Olusegun Obasanjo has reportedly counseled Governor Siminalayi Fubara to take decisive action including shutting down the State House of Assembly and declaring a state of emergency if necessary., Obasanjo, during a closed-door meeting

by News Editor

March 18, 2025

News

Diezani Urges Court to Order EFCC to Recover Seized Assets from Buyers

Former Petroleum Minister, Diezani Alison-Madueke has asked the Federal High Court in Abuja to compel the Economic and Financial Crimes Commission (EFCC) to retrieve her seized properties from individuals and companies who bought them. In an amended suit filed by her counsel,

by News Editor

March 18, 2025

News

Oil Prices Jump On Concern Over Global Economic Slowdown

Oil prices rose slightly on Monday following concern over a global economic slowdown driven by escalating trade tension between the United States and other nations. Brent futures rose 41 cents or 0.6%, to stand at $70.99 a barrel by 0336 GMT, while

by News Editor

March 18, 2025

Economy·News

Stock Markets Rise As China Unveils Consumer Plan

European and Asian stock markets started the week on the front foot on Monday as investors welcomed China’s plans to kick start consumption in the world’s number two economy amid US tariff fears. The gains followed a pre-weekend rally on Wall Street,

by News Editor

March 18, 2025

News·Politics

JUST IN: Jandor Defects To APC Weeks After Quitting PDP

A former governorship candidate of the Peoples Democratic Party (PDP) in Lagos Jandor has returned to the All Progressives Congress (APC). Jandor whose real name is Abdul-Azeez Adediran announced his defection to the ruling APC in a press conference in Lagos on

by News Editor

March 18, 2025

News

MTN Nigeria’s Revenue Surges By 35.6% After Tariff Adjustments

MTN Nigeria’s service revenue surged by 35.6% in March following tariff adjustments implemented in February. A report by its group office in South Africa on Monday, also said expectations for further growth in 2025 are expected from the country following the tariff

by News Editor

March 18, 2025

News

Nigeria Spent $5.47 Billion on Foreign Debt Service in 14 Months– CBN

The Central Bank of Nigeria (CBN) has disclosed that foreign debt service gulped about $5.47 billion between January 2024 and February 2025, further indicating the increasing burden on the nation’s revenues as well as pressures on external reserves and fiscal stability. This

by News Editor

March 18, 2025

Economy·News

SEC Suspends Centurion Registrar Limited, Key Personnel Over Compliance Violations

The Securities and Exchange Commission (SEC) has announced the suspension of Centurion Registrars Limited, along with its directors and sponsored individuals from the capital market. The suspension was announced by the commission in a statement titled “Additional Enforcement Measures on Erring Capital

by News Editor

March 17, 2025

News Editor

Chevron Buys About 5% Of Hess Stock

Asharami Energy Partners UNEP On Environmental Sustainability In Upstream Sector

More Trouble Awaits Nigerian HIV Patients, Others As Treatment “Could Run Out Soon” — WHO Declares

Wike Revokes 4,794 Land Titles In Abuja

I See No Opponent Against My Re-Election, Says Soludo

Nigeria’s Inflation Drops To 23.18% From 24.48%

Interest Rate, Insecurity, Power Supply, Taxes, Bank Charges Top Business Constraints For February — CBN

Obasanjo Urges Fubara to Assert Control, Considers Shutdown of Rivers Assembly Amid Crisis

Diezani Urges Court to Order EFCC to Recover Seized Assets from Buyers

Oil Prices Jump On Concern Over Global Economic Slowdown

Stock Markets Rise As China Unveils Consumer Plan

JUST IN: Jandor Defects To APC Weeks After Quitting PDP

MTN Nigeria’s Revenue Surges By 35.6% After Tariff Adjustments

Nigeria Spent $5.47 Billion on Foreign Debt Service in 14 Months– CBN

SEC Suspends Centurion Registrar Limited, Key Personnel Over Compliance Violations

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