” Nigeria Wins As UK Court Awards £20 Million Damages in $11 Billion P&ID Case”

In a significant development within the protracted legal dispute...

Concerns Mount Over Nigeria’s Economy Despite a 2.9% Increase in August Foreign Exchange Inflows

In August 2023, Nigeria experienced a 2.9% increase in...

“Ibom Air Welcomes Airbus A220-300: A Milestone in Nigeria’s Aviation History”

On a historic Friday, Akwa Ibom State, Ibom Air's...

Reverse Immigration Hits Canada As 42,000 Migrant Citizens Relocate in 2023 Over High Cost of Living

Canada's escalating cost of living triggers a wave of...

Foreign Policy

Today: Browse our editor's hand picked articles!

Nigeria’s forever religious war seen as market for India’s defense industry

In the backdrop of Nigeria's perpetual religious conflicts, discussions...

National Identity Management Commission Enrolment Centres in USA

Arizona File Solutions Limited office, 5402 South Montezuma Street, Phoenix,...

Nigeria and Benin Republic Pledge Cooperation As Tinubu Meets Talon

President Bola Tinubu emphasized the crucial need for cooperation...

Saudi Arabia Govt deports 177 Nigerians With Criminal Records

The Nigerian government has revealed that 18 of the...

Tinubu’s reform erodes savings, incomes as Moody’s upgrades Nigeria’s outlook to positive

Adds background on Nigeria's economy throughout, Moody's comment in paragraph 6 Dec 8 -Ratings agency Moody's on Friday revised its outlook on Nigeria to positive...

The BigRead

Fixing the World Bank and IMF flaws

The World Bank and the International Monetary Fund face...

Africa’s coup epidemic: Has democracy failed the continent?

In August, when a group of Gabonese military officers...

EXPLAINER: Better Reform ECOWAS Than Embark On Military Adventures in West Africa

By Kestér Kenn Klomegâh The Economic Community of West...

The rise, fall and rise again of Nuhu Ribadu, Nigeria’s new security chief

Lagos, Nigeria – In 2006, Nuhu Ribadu was one...

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Markets & Investing
Markets & Investing

Nigerian Stock Market Sheds N192bn, ASI Decline by 0.49%

December 8, 2023. Azonuchechi Chukwu. t was a bearish session on...

Stock market closes higher, ASI advances by 0.78%

December 7, 2023. Azonuchechi Chukwu. The NGX posted a very impressive...

Nigeria equity market soars by 0.11%,Investors gain N44bn

December 1, 2023. Azonuchechi Chukwu. The Nigerian equity market on Thursday...

Investors Gain N133bn,All Share Index Advances by 0.34%

November 30, 2023. Azonuchechi Chukwu. The Nigerian equity market Wednesday closed...

Market halts 5 straight sessions of gains, All Share Index decline by 0.44%

November 29, 2023. Azonuchechi Chukwu. The Nigerian stock market on Tuesday...

Stock Market Gains N133bn, NGXASI rises by 0.17%

November 28, 2023. Azonuchechi Chukwu. The Nigerian stocks market on Monday...

Monetary & Fiscal Policy

Concerns Mount Over Nigeria’s Economy Despite a 2.9% Increase in August Foreign Exchange Inflows

In August 2023, Nigeria experienced a 2.9% increase in...

Naira appreciates by 12.83% to close higher at N843.07/$1 in official market

December 8, 2023. Azonuchechi Chukwu. Naira regained ground to appreciate massively...

Naira depreciates by 15.19% to close at N951.22 in the official market.

December 7, 2023. Azonuchechi Chukwu. The Nigerian naira on Wednesday 6...

Nigeria Govt Eyes Non-Interest Finance Window for Key Infrastructure Projects

In a significant financial development, Wale Edun, Nigeria's Minister...
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Oil & Gas

Refineries Are Not Created to Reduce Fuel Price – NNPCL Boss, Kyari

Dec 9,2023. Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, who appeared before the senate joint committee on appropriations...

Dangote’s Refinery To Produce Diesel, Aviation Fuel, and LPG Production

Dangote Oil Refining Company has announced that its facility...

Nigeria targets energy self sufficiency as Dangote Refinery receives first Crude Cargo

A major step towards boosting Nigeria’s domestic refining capacity...

Suexmax tanker supplying 1 mil barrel Agbami crude cargo to Dangote refinery

Nigeria's Dangote refinery, valued at $19 billion, is on...

Companies & Finance
Companies & Markets

Nigerian Breweries announces Ighodalo’s resignation, Hiemstra’s appointment

December 9, 2023. Azonuchechi Chukwu. Nigerian Breweries Plc has announced changes to the composition of its board of directors with the resignation of the Chairman, Mr...

AfDB, Nigeria’s FSDH Merchant Bank sign $20 million agreements to support SMEs…

The facility will catalyze more than $200 million of...

COP28: ETI Signs Its First Sustainability-Linked Loan For $200m With a Syndicate of EDFIs

This is a significant milestone as it is the...

Firstbank warns SMEs against sourcing finance from “loan sharks

December 7, 2023. Azonuchechi Chukwu. Firstbank of Nigeria Ltd. has cautioned...

Ecobank’s turnover hits N1.21tn, grows profit by 55.79% in Q3 2023

December 1, 2023. Azonuchechi Chukwu. Ecobank Transnational Incorporated on Thursday published...

FirstBank Group announces Adenewo as MD, UK subsidiary

November 30, 2023. Azonuchechi Chukwu. The FirstBank Group has announced the...

UBA Foundation Signals Beginning Of Yuletide Season, Lights Up Marina

November 29, 2023. Azonuchechi Chukwu. United Bank for Africa (UBA) Plc...

FCMB Group reports 108% YoY Growth in Profit Before Tax

FCMB Group Plc (NGX: FCMB) today announced a 108%...

Fidelity Bank set to host 2 days of Family Entertainment

…….announces maiden edition of its Fidelity Family Weekend Fiesta ...

FCMB Group Plc reports N351.53bn revenue, grows profit by 114.45% in Q3 2023

November 29, 2023. Azonuchechi Chukwu. FCMB Group Plc on Monday published...

Business News

Sahara Group unveils 2060 net zero plan to drive sustainability

Leading energy and infrastructure conglomerate, Sahara Group has stated...

FirstBank Rewards Customers with 170m Worth of Cash Prizes In Its Win Big Promo

FirstBank, Nigeria’s premier financial institution and leading financial inclusion...

Transcorp Power Limited Appointed Member of the West African Power Pool (WAPP) Executive Board

Transcorp Power Limited (TPL), one of the power subsidiaries...

Dangote and Rabiu Fights Dirty

In a renewed rivalry, Aliko Dangote and Abdulsamad Rabiu,...

Dangote Group Accuses BUA of sponsoring False, Negative Reports against It

Management of Dangote Industries Limited (DIL) has refuted allegations...

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Environs

Politics

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State of The Nation

One dead, Two Injured in Ogun Highway Auto Crash

December 9, 2023. Azonuchechi Chukwu. The Ogun Traffic Compliance and Enforcement...

Three die, Eleven injured as Zamfara mining pit collapse

December 9, 2023. Azonuchechi Chukwu. At least three artisanal miners have...

NSUK 100 Level Student Commits Suicide Over Failed Relationship.

December 9, 2023. Azonuchechi Chukwu. A student of Nasarawa State University,...

Body of young Abuja business woman found in her apartment

December 8, 2023. Azonuchechi Chukwu. The decomposing body of a young...

Security News

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Religion

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Health & Meds