At the Extraordinary General Meeting (EGM) held on Thursday, March 13, 2025, at the Transcorp Hilton in Abuja, the Board of PZ Cussons Nigeria Plc proposed the following resolution to the shareholders as a special resolution: To convert US$34.26 million…
Gold rose above $3,000 for the first time Friday as President Donald Trump’s trade wars boosted demand for safe-haven assets, while stock markets bounced on signs US lawmakers would avert a government shutdown. Major US indices opened higher and remained…
Google has announced that it will be phasing out Google Assistant in favour of its AI-powered assistant, Gemini. The tech giant, who announced in a blog post, emphasised that generative AI is transforming how people interact with technology. “Over the…
The Nigerian government has stated that, contrary to claims, Christians are not targeted in the banditry and insurgency occurring in the North-East and North-Western regions of the country. Reports have emerged that the United States House Foreign Affairs Subcommittee on…
The Court of Appeal Abuja has suspended the enforcement of its judgment, which had quashed a Federal High Court ruling nullifying the Kano State Government’s steps regarding the reinstatement of Sanusi Lamido Sanusi as the Emir of Kano. The ruling…
The Nigeria Customs Service (NCS) has set up a Corporate Social Responsibility (CSR) Unit to enhance its commitment to national development. Customs spokesman Abdullahi Maiwada announced this in a statement on Thursday.. He said the initiative, which is aimed at…
The Aliko Dangote Foundation has launched its 2025 Annual National Food Intervention Project where it committed N16 billion to provide food relief for one million vulnerable Nigerians across the country. The foundation’s chairman, Aliko Dangote, who spoke at the inaugural…
Renaissance Africa Energy has completed the “acquisition of the entire (100%)” equity holding in Shell Petroleum Development Company of Nigeria (SPDC). This is according to a statement on Thursday by the spokesman of Renaissance Africa Energy Holdings Tony Okonedo who…
The Ijaw Youth Congress (IYC), Eastern Zone, has raised the alarm over an alleged plan by the Rivers State House of Assembly, led by Martin Amaewhule, to impeach Governor Siminalayi Fubara. After a stakeholders’ meeting on Wednesday, IYC Eastern Zone…
Rivers State Governor, Siminalayi Fubara, has again written to the Rivers State House of Assembly, proposing Wednesday, March 19, 2025, as the new date for the presentation of the 2025 state budget. In a letter addressed to the Speaker of…
President Bola Ahmed Tinubu articulated on Thursday the rationale behind his administration’s economic reforms, saying the primary motive was protecting the interests of future generations..“For 50 years, Nigeria was spending money of generations yet unborn and servicing the West coast…
The Nigerian House of Representatives has passed four key tax reform bills aimed at overhauling the country’s tax system. The bills, proposed by President Bola Tinubu, include the Nigeria Revenue Service (Establishment) Bill, the Nigeria Tax Bill, the Nigeria Tax…
Oil prices steadied after the Organization of the Production Export Countries released its monthly report, with Brent crude maintaining its earlier gains, trading above $70 a barrel on Thursday. OPEC said on Wednesday that Kazakhstan led a sizeable jump in…
Oando Plc has announced that its trading subsidiary, Oando Trading, has been formally selected as the preferred bidder for the lease of Guaracara Refining Company Limited (GRC)’s refinery assets in Trinidad and Tobago. The selection, confirmed in an official notice…
The disciplinary committee of the People’s Democratic Party (PDP), chaired by Chief Tom Ikimi, has recommended the expulsion of Senator Samuel Anyanwu, the party’s troubled national secretary. A letter signed by Ikimi and dated March 10, 2025, which was received…