Nigeria Signs Key Cooperation Agreement with IFC to Boost Bankable Infrastructure Projects
The federal government, through the Ministry of Budget and Economic Planning, has signed a cooperation agreement with the International Finance...
inDrive Celebrates Drivers, Launches inDrive Academy to Boost Professional Growth
inDrive, the ride-hailing platform operating in nine African countries, hosted its drivers at a special appreciation event on Saturday, January...
MTN Eyes Full Acquisition of IHS Towers, Moves to Regain Control of Telecom Infrastructure
MTN Group, Africa’s largest mobile network operator, is in advanced discussions to acquire the remaining approximately 75 percent stake in...
NNPC in Talks with Chinese Firm to Revive Nigerian Refineries
Nigeria’s state-owned oil company, the Nigerian National Petroleum Corporation (NNPC), is in discussions with a Chinese firm to revive one...
Shell Profit Rises 11% Despite Falling Oil Prices, Raises Dividend
British energy giant Shell on Thursday reported an 11 per cent rise in net profit for 2025, as higher production...
Google parent Alphabet revenue tops $400 bn for first time
Google parent company Alphabet has reported blockbuster earnings, posting strong revenue growth driven by heavy investments in cloud computing and...
Nigeria Saves Over N6 Trillion on Petroleum Imports Through Bold Downstream Reforms – NMDPRA
Nigeria’s downstream petroleum sector has saved over N6 trillion in petroleum product imports in just the first nine months of...
FG slams DisCos for slow installation of World Bank-backed free meters
Only about 200,000 smart meters have been installed under the federal government’s $500 million World Bank-backed Distribution Sector Recovery Program...
First HoldCo Profit Plunges 93% to N44.98bn in 2025 on Massive Loan Cleanup
First HoldCo has reported a sharp drop in profitability for the 2025 financial year, posting a full-year profit of N44.98bn,...
Dangote Refinery Not Importing Finished Fuel, Operates Merchant Refining Model — MD
The Managing Director of the Dangote Petroleum Refinery, Mr David Bird, has clarified that the $20bn Lekki-based facility is not...
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