Dangote Starts Crude Production, Reduces NNPC Dependence
Dangote Refinery has initiated crude oil production from Niger Delta assets, with initial output at 4,500 barrels per day. This move aims to reduce dependency on NNPC for feedstock supply.
Category : Business
British Tourist Falls from Hotel into Fish Pond in Lanzarote
A 70-year-old British tourist was hospitalized after falling from the second floor of a Lanzarote hotel into a shallow fish pond. Emergency services rescued him in Playa Blanca.
Zenith Bank Hits N5 Trillion Market Cap, Tops Nigerian Banking
Zenith Bank Plc has achieved a historic milestone by crossing N5 trillion in market capitalization, making it Nigeria's most valuable banking institution. The bank reported over N1 trillion in profit after tax for 2025 and announced a final dividend of N8
Woman Uses Rechargeable Bulbs for Light, Sparks Online Debate
A Nigerian businesswoman shares her alternative to solar and generators, using rechargeable bulbs to light her home for up to four hours during power outages, inspiring a lively online discussion.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Dangote's DPAN Begins Peugeot SUV Production in Kaduna
Dangote Peugeot Automobiles Nigeria Limited has started assembling Peugeot 3008 and 5008 SUVs at its Kaduna plant, with sales beginning in April 2026. This marks a significant expansion of domestic vehicle manufacturing in Nigeria.
Keyamo, Saudi Minister Plan BASA Review for 2026 Hajj
Nigeria's Aviation Minister Festus Keyamo met with Saudi Arabia's Transport Minister Saleh bin Nasser Al-Jasser to discuss enhancing the Bilateral Air Service Agreement, focusing on 2026 Hajj operations and aviation cooperation.
Keyamo, Saudi Minister Meet to Review BASA and Hajj Operations
Nigeria's Aviation Minister Festus Keyamo met with Saudi Arabia's Transport Minister Saleh bin Nasser Al-Jasser in Riyadh to discuss reviewing the Bilateral Air Service Agreement and ensuring efficient 2026 Hajj operations.
Iroro Tanshi Wins Goldman Environmental Prize for Nigeria
Nigerian conservationist Iroro Tanshi has been awarded the 2026 Goldman Environmental Prize for Africa, recognizing her grassroots work in Cross River State to protect endangered bats and prevent wildfires through community-driven initiatives.
Dollar Hits 7-Day High, Naira Weakens, Reserves Drop $1.4B
The US dollar surged to a 7-day high due to escalating US-Iran tensions, while Nigeria's naira depreciated to around ₦1,349.67 per dollar and external reserves fell by $1.4 billion, raising economic concerns.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Air Peace Loses Court Case as Judge Backs FCCPC on Passenger Complaints
The Federal High Court in Abuja has dismissed Air Peace's lawsuit against the FCCPC, affirming the commission's authority to investigate consumer complaints about flight cancellations and refund issues.
Firm Calls for Policy Easing to Boost Private Infrastructure Investment
Langovest Limited advocates for regulatory and tax reforms to enhance private sector involvement in infrastructure projects, highlighting its AquaPoint water system deployment at LASUTH.
MultiChoice Freezes DStv Prices in 2026 to Win Back Subscribers
MultiChoice announces DStv subscription price freeze for 2026, introduces bill-splitting features, and moves Showmax content to DStv Stream as part of strategic turnaround.
NJ Ayuk's Boycott Sparks Debate on African Energy Representation
NJ Ayuk, Executive Chairman of the African Energy Chamber, leverages a summit boycott to challenge industry norms, demanding tangible African inclusion in leadership and decision-making for energy sovereignty.
Quest Merchant Bank Rebrands After First HoldCo Divestment
Quest Merchant Bank has officially changed its name and logo after being sold by First HoldCo. The rebranding aims to strengthen its competitive position in global finance and reflect a future-focused strategy.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Firm Urges Policy Easing for Private Infrastructure Investment
Langovest Limited urges government to ease regulatory and tax policies to boost private investment in infrastructure, highlighting water filtration deployment at LASUTH.
)
First Nigerian Travels to Space in Historic Blue Origin Mission
Chief Owolabi Salis has become the first Nigerian to cross the Kármán line into space aboard Blue Origin's NS-33 mission, marking a significant milestone for African representation in space exploration.
)
Union Bank Celebrates 109 Years of Nigerian Service and Growth
Union Bank commemorates 109 years of operation, highlighting its role in financing Nigeria's infrastructure, SMEs, and economic development since 1917, with plans to expand digital services and agricultural financing.
)
LFZ and CEVA Logistics Launch Joint Venture for West Africa
Lagos Free Zone and CEVA Logistics have signed a joint venture agreement approved by FCCPC to enhance integrated logistics in West Africa, featuring a new warehouse at Lekki Port.
FG Releases Approved Airtime and Data Lending Companies List
The Federal Government, through the FCCPC, has published a list of licensed companies for airtime and data lending. This follows MTN and Airtel's service suspension due to new regulatory compliance requirements.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Nguroje Applauds Kefas for Nwonyo Festival Revival
Former Deputy Speaker Babangida SM Nguroje commends Taraba State's revival of the Nwonyo fishing festival, highlighting its role in boosting tourism, creating jobs, and fostering economic growth through cultural preservation and federal partnerships.
Cows Cost More Than Cars in Lagos as Prices Hit N2.5 Million
Lagos butchers and consumers face crisis as cattle prices soar to N2.5 million, surpassing car costs. Insecurity and transport hikes blamed, with calls for government action on local ranching.
Ryan Giggs Loses £100,000 in Restaurant Investment Collapse
Manchester United legend Ryan Giggs has lost nearly £100,000 after his restaurant, George's Dining Room and Bar, collapsed with over £563,000 in debts, leaving creditors unpaid.
Sir Uyi Responds to Critics Over Nightclub Allegations
Uyi Ogbebor, CEO of Vaniti Lagos, defends his business against claims of selling fake drinks, highlighting his employment of over 1,300 Nigerians and warning critics to back off.
CMSL Commits to Global Best Practices for Business Growth
Contact Marketing Services Limited (CMSL) pledges to leverage new media technologies and innovative strategies to help companies increase revenue, expand market reach, and optimize trade channels without high hiring costs, as announced by its management t
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
CBN, NCC Sign MoU to Fight SIM Fraud, Protect Consumers
The Central Bank of Nigeria and Nigerian Communications Commission have signed a memorandum of understanding to tackle SIM-related fraud, enhance payment system integrity, and strengthen consumer protection in the digital economy.
Iran War: $50B Oil Loss in 50 Days, Market Disrupted
The Iran war has caused a $50 billion loss in global crude oil over 50 days, with 500 million barrels removed from the market. Analysts warn of prolonged impacts on aviation, refining, and energy supply.
CBN Calms Fears Over Banks Missing Recapitalisation Target
The Central Bank of Nigeria assures customers that Union Bank, Providus, and three other lenders remain stable despite failing to meet the March 2026 recapitalisation deadline, citing ongoing legal and regulatory processes.
)
Nigeria's Domestic Debt Hits ₦80.49 Trillion
Nigeria's domestic debt has surged to ₦80.49 trillion following a ₦100 billion borrowing from unclaimed private funds, signaling growing fiscal pressure and a shift toward unconventional financing sources under the Finance Act 2020.
Nigeria's $250B Waste Loss Becomes Economic Opportunity
Nigeria loses $250 billion annually from poor waste management, but a new initiative led by Amb. Dr. Ekpoye Promise Nakus aims to convert this crisis into wealth through recycling plants and job creation.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Agboola Secures Sixth Straight Endeavor Outlier Spot
Olugbenga Agboola, CEO of Flutterwave, has been named to Endeavor's prestigious Outlier Class of 2026 for the sixth consecutive year, recognizing his leadership in solving payment challenges across Africa and emerging markets.
Page 123 of 345
