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BusinessNews
Wale Tinubu’s Oando Acquires Nigerian Agip Oil Company for $783 Million
Oando PLC has finalised the acquisition of the Nigerian Agip Oil Company (NAOC) from Italian energy giant Eni for $783 million. Wale Tinubu,...
FinanceNews
Kerosene Prices in Nigeria Reached New High in July, N2,380 in Some States – NBS
The average retail price of household kerosene in Nigeria hiked to N1,769.86 per litre in July 2024, according to the National Bureau of...
BusinessNews
NNPC Hands Over All Retail Assets, Petrol Stations To OVH Energy Run By Wale Tinubu
NNPC Retail, the downstream arm of the Nigerian National Petroleum Company Limited (NNPCL), has transferred its assets and ownership to OVH Energy Marketing...
BusinessNews
Niger Resumes Oil Exports to Benin After Months-Long Dispute
Niger has resumed crude oil exports to Benin following a resolution of the dispute that had halted the flow of oil through a...
Human RightsNews
Again, Zambia’s President To Hit Journalist Zgambo With 7-Years Prison Sentence For Reporting on Corruption, Bad Governance
Zambian journalist Thomas Allan Zgambo is facing up to seven years in prison for reporting corruption and governance in the country. According to...
News
NLC Threatens Nationwide Strike if President Ajaero is Arrested After Recent Police Invitation
The Nigerian Labour Congress (NLC) has warned of a nationwide strike if its President, Comrade Joe Ajaero, is arrested by the police. The...
FinanceNews
Kano Anti-Corruption Commission To Probe Multi-Billion Naira Drug Contract Scam Involving All 44 LGAs
The Kano State Public Complaints and Anti-Corruption Commission has launched an investigation into an alleged multi-billion naira drug purchase contract scam involving all...
FinanceNews
Just In: Kenya’s Supreme Court Allows Ruto to Reinstate Controversial Finance Act That Triggered Protests
The Supreme Court of Kenya has suspended the Court of Appeal’s decision to nullify the Finance Act 2023. This would allow the government...
FinanceNews
Just In: Cooking Gas Prices Increased in Nigeria by Over 55% In One Year, NBS Reports
The National Bureau of Statistics (NBS) has reported a steep rise in cooking gas prices across Nigeria. The cost of refilling a 12.5kg...
FinanceNews
Just In: Days After Condemning Killing of Peaceful Protesters, Police Summon NLC President Over ‘Terrorism Financing, Subversion, Cybercrime’
The Nigeria Police Force has summoned Joe Ajaero, the President of the Nigeria Labour Congress (NLC), for questioning. This is over allegations including...
FinanceNews
Libya’s Central Bank Resumes Operations After Kidnapped Official Freed
Libya’s apex bank, the Central Bank of Libya (CBL), has resumed operations following the release of Musaab Muslamm, the head of its information...
BusinessNews
Amid Persisting Fuel Scarcity, NNPC Denies Owing International Oil Traders
The Nigerian National Petroleum Company Limited (NNPC Ltd) has denied claims that it owes $6.8 billion to international oil traders. This was in...