Chevron closed its $55 billion acquisition of Hess on Friday after winning a landmark legal battle against Exxon Mobil to gain access to the largest oil...
The Attorney General of the Federation, Lateef Fagbemi, has denied the Federal Government’s involvement in the recent acquisition of approximately 25 per cent of FirstHoldCo’s shares,...
Nigeria’s inflation rate eased to 22.22% in June 2025, down from 22.97% recorded in May, according to the latest Consumer Price Index (CPI) report by the...
The Federal High Court in Lagos has discharged the former Governor of Ekiti State, Ayodele Fayose, on charges of money laundering and theft amounting to ₦6.9...
Billionaire businessman Aliko Dangote has applied to begin work on a seaport near his fertiliser and oil refinery plants. The proposed Atlantic seaport in Olokola, Ogun...
Struggling auto giant Nissan said Tuesday it will stop production at its plant at Oppama in Japan at the end of its 2027 fiscal year. Nissan...
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bayo Ojulari, has said that the company is considering selling the Port Harcourt, Warri,...
The Senate has approved the electricity Act (Amendment) Bill, 2025 through second reading in a move to rescue the country’s ailing power sector from looming collapse....
Dangote Petroleum Refinery on Tuesday further dropped the ex-depot price per litre of petrol from ₦840 to ₦820. In an update, a spokesman for the refinery,...
The Presidency has faulted the International Monetary Fund (IMF) over what it described as a “very fatalistic” assessment of Nigeria’s economic reforms, inflation, and poverty levels....
The Nigerian Civil Aviation Authority (NCAA) has granted a license for the commencement of domestic flight operations by Enugu Air. The disclosure was contained in a...
President Bola Tinubu has called for a re-evaluation of the current global governance structure and the financial and healthcare systems, urging greater equity and inclusion for...
The International Monetary Fund (IMF) has expressed concerns over the still-high inflation rate in Nigeria, advising the Federal Government to intensify its economic reform efforts. In...
Enugu State Governor, Peter Mbah, has launched the state-owned airline, Enugu Air, describing it as a giant leap for the state and a gold standard for...
The Federal Government, through the Nigeria Data Protection Commission, has imposed a fine of ₦766,242,500 on Multichoice Nigeria for breaching the Nigeria Data Protection Act. In...