Saturday, March 15, 2025
The Nigeria Football Federation (NFF) has named Éric Sékou Chelle, former coach of Mali’s national team, as the new head coach of the Super Eagles, News360 Nigeria reports. Chelle becomes the third manager to helm the team since José Peseiro’s resignation in March 2024. The NFF officially confirmed Chelle’s appointment on Tuesday, […]
Presco Plc, Nigeria’s biggest palm oil maker, is set to raise N100 billion in Series 1 of its N150 billion bond programme. This would mark the largest corporate bond issuance in the industry. The bond will have a 7-year tenure with a yield range of 23.25 percent to 23.75 percent. […]
The National Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) has called on President Bola Tinubu’s administration to take decisive steps toward tax reform, including reducing corporate taxes to 19% and pegging Value Added Tax (VAT) at 7.5%. This is contained in a statement signed by the association’s […]
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has justified its earlier request that the Federal Government authorize a N100 billion intervention fund to help stabilize the petroleum products market and make them more accessible to Nigerians. Dr. Billy Gillis-Harry, President of the association, spoke on Arise TV’s […]
The Nigerian National Petroleum Company Limited (NNPCL) has extended an invitation to former President Olusegun Obasanjo for a tour of the Port Harcourt Refinery to verify its operational status. This development follows Obasanjo’s recent interview with Channels Television, where he cited advice from Shell Petroleum Development Company (SPDC) suggesting the refinery […]
https://www.youtube.com/watch?v=kttlZqu0AsQ Former President Olusegun Obasanjo has recounted how the Nigerian National Petroleum Corporation (NNPC) rejected a $750m offer by billionaire business tycoon Aliko Dangote to manage the Port Harcourt & Kaduna refineries back in 2007. Obasanjo stated this during an exclusive interview with Channels Television. He said the NNPC, now […]
Tariff review: Telecom operators threaten to shut down services in some parts of Nigeria Telecommunications operators in Nigeria have threatened to shut down their services in some parts of the country next year if their demand for tariff review is not considered by the Nigerian Communications Commission (NCC). The operators […]
The Nigeria Labour Congress has commended Dangote Refinery for its recent reduction in fuel prices, describing it as a timely economic relief for Nigerians. Speaking with journalists on Tuesday, Funmi Sessi, the NLC Chairman for Lagos Council, noted that the refinery’s operation has come at the right time. Sessi expressed […]
Saipem, in a consortium with two Nigerian companies, has secured an offshore contract worth around $1 billion with Shell for a deepwater oil and gas project off the coast of Nigeria, Offshore Energy magazine has reported. As part of the contract with Shell Nigeria Exploration and Production Company Limited (SNEPCo), […]
Extract from the NNPC Limited Energy Relations Stakeholders Engagement Meeting — NNPCL has surpassed its 2024 profit targets, significantly growing its revenue from 8.82 trillion Naira in 2022 to a record 23.9 trillion Naira in 2023, — NNPCL achieved a surge in profit to the tune of 3.29 trillion Naira […]