Monday, March 17, 2025
PZ Cussons Nigeria posted its first annual loss since 2020 in the financial year ended 31 May 2024, according to its audited accounts released on Friday. Details showed that loss after tax rose to N76 billion and foreign currency obligations soared to a record. The Nigerian operation of the Manchester-based […]
Aradel Holdings Plc, an indigenous energy company, through its subsidiary, Aradel Energy Limited, has signed a sale and purchase agreement to acquire the 100 per cent interest in the Olo and Olo West marginal fields from TotalEnergies EP Nigeria and the Nigerian National Petroleum Company Limited. The Olo and Olo […]
AbdulSamad Rabiu, the Chairman of BUA Cement, has said the intention of his company to sell cement at N3,500 in 2023 was frustrated by the actions of cement dealers. Rabiu said BUA sold over a million tons of cement to dealers at N3,500 per bag, intending for these to be transferred […]
The final details for Osimhen ‘s farewell to Napoli are still missing . The deal that would bring the Nigerian to Al Ahli is in the final stages , with the agreements being finalized. 4-year contract at around 40 million per season for Victor Osimhen at Al Ahli. It will […]
The Federal Competition and Consumer Protection Commission (FCCPC) has granted a one-month moratorium to traders and other market stakeholders involved in exploitative pricing, urging them to reduce the prices of goods. Mr. Tunji Bello, the newly appointed Executive Vice Chairman of the FCCPC, made this announcement during a one-day stakeholders’ engagement on […]
The Assets Management Corporation of Nigeria says the only way to make the Ibadan Electricity Distribution Company more efficient is to sell it to viable investors. The AMCON Managing Director/Chief Executive Officer, Gbenga Alade, stated this at an interactive session with media executives in Lagos on Monday. Alade told journalists […]
No fewer than 72 illegal crude oil refining sites were uncovered in the past week, the Nigerian National Petroleum Company Limited disclosed in a video report. The 72 illegal refineries were reportedly discovered and destroyed in Rivers, Delta and Abia states. On August 18, a vessel was said to have […]
The Nigeria Football Federation has announced that it has reached an agreement with German tactician, Bruno Labbadia, to become the Head Coach of Nigeria’s Senior Men National Team, Super Eagles. NFF General Secretary, Dr. Mohammed Sanusi, said in the early hours of Tuesday: “The NFF Executive Committee has approved the […]
I was away on vacation for just two weeks only to return to meet fuel queues still on the streets of Nigeria with the fuel stations rationing fuel in Lagos and other parts of the country. It is a big shame and an embarrassment that the world’s sixth-largest producer of crude […]
The Nigeria Football Federation, NFF, has listed 23 players for the upcoming 2025 Africa Cup of Nations qualifying fixtures against Benin Republic and Rwanda. There are three goalkeepers, including AFCON 2023 star Stanley Nwabali, seven defenders, six midfielders and seven forwards. Bendel Insurance safe hands Amas Obasogie also returns, just […]