A fire outbreak occurred on Wednesday at the Dangote Petroleum Refinery in the Lekki Free Zone, Lagos. The incident, which took place at the refinery’s effluent...
Tyrese Haspil, the former executive assistant of Fahim Saleh, CEO of Gokada, has been found guilty of first-degree murder and multiple counts of embezzlement. The verdict,...
Brent crude oil prices edged closer to $86 per barrel as heightened expectations of a robust demand surge during the third quarter of the year. This...
The Asset Management Corporation of Nigeria (AMCON) has reported a 212% increase in profits to N108.43 billion in 2023 from N34.73 billion in the corresponding period....
The Central Bank of Nigeria (CBN) has reported a substantial increase in direct remittances, recording a 163% surge over the past five months. The data reveals...
The Airlines Operators of Nigeria (AON) have confirmed a reduction in the price of aviation fuel, following the commencement of operations at the Dangote Refinery. This...
Baidu Inc. and Alibaba Group Holding Ltd. are stepping in to fill the void left by OpenAI’s abrupt withdrawal from the Chinese market. This development comes...
The Central Bank of Nigeria (CBN) has expressed satisfaction with the strides made in stabilizing the naira as excessive volatility appears to be subsiding. Speaking in...
Professional services firm PwC Nigeria has projected that the country’s inflation rate will reach approximately 29.5% by the end of the year. This forecast is significantly...
In a significant protest against an anti-smuggling operation, nearly 2,000 petrol stations in Nigeria’s North-East have shut down, causing widespread fuel shortages and forcing motorists to...