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…Says local price will continue to increase because Trading arms offer cargoes at $2-$4 per barrel, above NUPRC official price …Insists IOCs are frustrating its crude supply demands The Management of Dangote Industries Limited (DIL) have commended the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for its various interventions in the oil company’s crude supply requests from International Oil Companies (IOCs), ... Read More »

The wait is over! Chima Udoye has been crowned the Nigerian Idol Season 9 winner, fuelled by the refreshing Bigi Carbonated Soft Drinks from Rite Foods Limited. Chima takes home a life-changing prize package, including a whopping ₦30,000,000 (Thirty Million Naira), a brand-new SUV, a recording contract with a music video, and a DSTV Explora with a one-year premium subscription ... Read More »

The Independent National Electoral Commission (INEC) has organized a capacity-building programme for its State Training Officers (STOs) and other Headquarters trainers. The goal of this initiative is to enhance the training and facilitation skills of its trainers for effective and robust preparation for election duty personnel. In furtherance of the above, The Electoral Institute (TEI), with technical support from the ... Read More »

Aviation expert and youth activist, Comrade Isaac Balami, has dumped the Labour Party (LP) and returned to his former party, the All Progressives Congress, APC. Balami, a former National Deputy Campaign Manager for Obi/Datti in the 2023 presidential election, announced this at a media parley in Abuja on Wednesday. Giving his reasons for dumping the LP, Balami recalled why he ... Read More »

President of Dangote Group, Aliko Dangote, on Sunday stated that his company’s aim is to become the leading supplier of foreign exchange in the FX market soon, as it targets $30 billion in revenues by the year 2025. During a tour of the Dangote Petroleum Refinery & Petrochemicals and Dangote Fertiliser Limited with media executives at the weekend, he said ... Read More »

Lagos, Nigeria – July 15, 2024 – Guaranty Trust Holding Company plc (“GTCO PLC” or the “Issuer”) (NGX: GTCO) today announced the opening of its Offer for Subscription of 9,000,000,000 Ordinary Shares of 50 kobo each at N44.50 per Ordinary Share (the “Offer”) following the clearance of the Offer Prospectus and registration of the Offer Shares by the Securities and ... Read More »

•Sanwo-Olu: ‘We’re changing Lagos transport narrative with $260 million investment’ •New LAGRIDE operations to include car pooling, logistics services The comfort and convenience passengers derived riding in Lagos Ride (LAGRIDE) — an e-hailing taxi scheme operated by the Lagos State Government — is about to get better with the making of a new investment into the transport initiative. Governor Babajide ... Read More »

•We’ll strengthen bilateral relationship with Lagos – High Commissioner Lagos State Governor, Mr. Babajide Sanwo-Olu, said on Monday that his administration will deepen its relationship with the Indian government culturally, economically, and medically for knowledge sharing and human capacity building. Governor Sanwo-Olu, who commended the Indian companies in Nigeria for being the second largest employer of labour after the Federal ... Read More »

The Nigerian Senate has removed Senator Mohammed Ali Ndume from his position as Chief Whip and replaced him with Senator Mohammed Tahir Monguno. The decision comes after a letter of complaint against Ndume’s “unbecoming utterances” was read by the President of the Senate. The removal of Ndume, who represents Borno South, and his replacement by Monguno, also from Borno state, ... Read More »

The Federal High Court has ruled in favour of the Muslim Rights Concern (MURIC) and the Central Bank of Nigeria (CBN) in a suit filed by Barrister Malcolm Omirhobo. The plaintiff had sought the removal of Arabic inscriptions from the naira. The case which began in late 2020, was dismissed today, Tuesday, 16th July, 2024 by Justice Yellim Bogoro sitting ... Read More »