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Wednesday, January 8, 2025

CISLAC Demands NNPC Transparency on $6 Billion Debt Amid Energy Crisis

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The Civil Society Legislative Advocacy Centre (CISLAC) emphasized the urgent need for the Nigerian National Petroleum Corporation Limited (NNPCL) to provide a clear and...

Tinubu and Chinese President Agree to Strengthen Nigeria-China Ties

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Nigerian President Bola Tinubu and Chinese President Xi Jinping have announced the elevation of Nigeria-China relations to a comprehensive strategic partnership during President Tinubu's...

CREDICORP Partners with Credit Direct to Provide Affordable Loans to 500,000 Civil Servants

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The Nigerian Consumer Credit Corporation (CREDICORP) has commenced the distribution of President Bola Tinubu’s consumer credit scheme, targeting economically active Nigerians through various participating...

Airtel Nigeria Expands Services with New Telecom Licenses

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Airtel Nigeria, a leading telecommunications provider, has secured three new licenses from the Nigerian Communications Commission (NCC), paving the way for expanded services and...

Belemaoil Appoints New CEO

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Nigerian oil and gas company, Belemaoil Producing Limited, has appointed a new CEO and Chief Finance Officer (CFO) as part of its strategy to...

Nigerian Fintech Businessman Fined $250 Million for Alleged Fraud

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Dozy Mmobuosi, a Nigerian businessman who made headlines for his attempted acquisition of an English football club, has been ordered to pay over $250...

Bill Gates Visits Nigeria to Discuss Development Challenges

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Bill Gates, co-founder of Microsoft and co-chair of the Bill & Melinda Gates Foundation, is scheduled to visit Nigeria on Tuesday, September 3rd, 2024....

E-commerce: Kenyan Startup Chpter Raises $1.2 Million

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Chpter, a Kenyan e-commerce startup, has raised $1.2 million in a pre-seed funding round. The company, founded in 2022, aims to help businesses turn...

Trade and Investment: African Countries Set to Sign Deals with Indonesia

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African countries are poised to sign trade and investment deals worth $3.5 billion with Indonesia during the ongoing Indonesia-Africa Forum in Bali. This was...

Dangote Refinery Begins Petrol Production, Set to Address Fuel Scarcity

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The Dangote Group has announced that its oil refinery has commenced petrol production, marking a significant step toward addressing Nigeria's fuel scarcity issues. This confirmation...