The Central Bank of Nigeria is reportedly planning to lay off around 1,000 employees as part of a strategic workforce restructuring effort. An allocation of over N50 billion has been designated for severance packages associated with this initiative. This move,…
Nigeria and France have strengthened their economic cooperation by signing a Memorandum of Understanding (MoU) focused on developing the mineral value chain. This agreement, reached during President Bola Tinubu’s recent visit to France, is in line with the Tinubu’s Renewed…
Swiss cement giant Holcim has announced plans to exit the Nigerian market, citing challenging economic conditions under the administration of President Bola Tinubu. The decision was reported by The People’s Gazette.Holcim’s planned withdrawal comes amid persistent economic issues, including high…
Just a week after Access Bank asserted that there was no missing N500 million from a customer’s account, popular social media influencer Vincent Otse, known as “VeryDarkMan,” has filed a petition against the bank on behalf of a widow, alleging…
The Lagos State government has neither banned sachet water nor have any plans to do so, the Commissioner for Environment and Water Resources, Tokunbo Wahab has said. Wahab stated this in a post on Sunday while reacting to a viral…
TotalEnergies, a prominent French energy company, is set to invest approximately $750 million in a gas project in Nigeria by 2025. This announcement was made by Mike Sangster, the company’s Senior Vice President for Africa, during the France-Nigeria Business Forum…
The Lagos State Emergency Management Agency (LASEMA) reported significant property damage amounting to millions of naira due to a fire incident in Idumota, Lagos. According to Olufemi Oke-Osanyintolu, the agency’s permanent secretary, the fire broke out on Friday night. Initial…
The Commander in Chief of the Federal Republic, President Bola Tinubu has extended his heartfelt congratulations to the Nigerian National Petroleum Company Limited (NNPCL) on the resumption of operations at the Port Harcourt Refinery. This was made known today via…
In a recently released statement, the Nigerian National Petroleum Company (NNPC) Limited announced that the Port Harcourt refinery has officially begun processing crude oil. This achievement marks a significant milestone, heralding a new era of energy independence and economic growth…
Further to the earlier news of Dangote refinery reduction of PMS price from N990 to N970 per litre, the Oil marketers must have also struck a deal Dangote refinery for the supply of at least 28 million litres of petrol…
In a significant update, the Dangote Refinery has announced a reduction in the price of Premium Motor Spirit (PMS), commonly referred to as petrol. The new price will drop from N990 per litre to N970 per litre for the marketers.…
The UK embassy has announced updates regarding visa applications and processes through a statement on its X (formerly Twitter) account. These updates will involve changes to the locations where applicants can submit and collect their documents. The statement noted, “Our…
Do not throw away your condemned or used batteries any more. A reputable company called Edward Louis Limited is offering to give you money for your condemned or used batteries. You can reach out to them on 08063551513 or 08099972078.
The Nigerian Electricity Regulatory Commission in a public notice released has made it known that they are aware that some Distribution Companies (DisCos) have instructed customers to apply and pay for the replacement of faulty and obsolete meters within their…
The Nigerian National Petroleum Company Limited (NNPCL) says it has reached the mark of 1.8 million barrels per day of crude oil production. The company also stated that it is set to hit the two million barrels per day target…