Thursday, March 20, 2025
Holcim to sell Lafarge Africa stake to Huaxin Cement in $1 billion deal Swiss cement maker Holcim (HOLN.S), opens new tab will exit its Nigerian business through the sale of its almost 84% stake in Lafarge Africa (WAPCO.LG), opens new tab to China’s Huaxin Cement (600801.SS), opens new tab in […]
President Bola Tinubu has disclosed that the economic policies that he initiated upon his assumption of office are now yielding the desired results. Tinubu, who acknowledged that the policies were harsh on the people, stated that the move became imperative in order to salvage the country from the crises facing it. Speaking […]
The Apapa Command of the Nigeria Customs Service (NCS) has achieved a record-breaking revenue collection of approximately ₦2.1 trillion for the year 2024, marking a significant milestone in trade facilitation and national economic contributions. This achievement was celebrated in Abuja, where Comptroller-General of Customs (CGC) Wale Adeniyi commended the reforms […]
The Port Harcourt Refining Company has clarified that its operations were not completely halted but scaled down to facilitate improvements at the facility. The Executive Director, Operations, Nigerian Pipeline and Storage Company Limited, Moyi Maidunama, disclosed this on Sunday during a guided tour of the refinery led by the Managing […]
This comes as he alleged that some elements within the private sector in the oil and gas industry want to undermine and understate the revitalisation of the Port Harcourt Refinery. Fani-Kayode made this known in a statement on his official X handle on Thursday, noting that the oil business is […]
The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, has announced the approval of a licence for the construction of a new refinery. The approval given to a company named Process Design and Development Limited is to establish and construct a new 27,000 barrels per day refinery. […]
Tax reform: Northern senators in closed-door meeting as bill scales second reading Northern Senators met behind closed doors on Thursday following the upper chamber’s passage of the Tax Reform Bills for a second reading. The meeting announced during the plenary, was held in room 301 and lasted about two hours. […]
Nigerian international Ademola Lookman has been nominated for the prestigious FIFA Best Men’s Attacker award for 2024. The talented winger, who currently plays for Atalanta, has been in exceptional form this season, showcasing his skill, pace, and goal-scoring ability. His inclusion in this elite list is a testament to his […]
Super Eagles defender William Troost-Ekong has been nominated for the prestigious FIFA Best Men’s Defender award. The Nigerian international is among a stellar list of defenders vying for the honor, including stars from top clubs like Real Madrid, Manchester City, and Bayern Munich. The prestigious list features a host of […]
The federal government has handed over 15 Compressed Natural Gas (CNG) buses to the leadership of the National Union of Road Transport Workers (NURTW), Road Transport Employers Association of Nigeria (RTEAN), and Nigerian Association of Road Transport Owners (NARTO). The Federal Government while explaining that the initiative is part of […]