Saturday, April 19, 2025
The federal government, through the Debt Management Office (DMO), will be auctioning Series 1 of its first ever domestic dollar bond worth $500 million today while the National Bureau of Statistics sets to release the foreign capital importation report for Q2. Monday, August 19, 2024: DMO to auction N190 billion […]
Ogun FTZ deal: Chinese firm targets Nigeria assets in eight countries Zhongshan Fucheng Industrial Investment Co. Limited, the Chinese firm that got a court injunction to ground three presidential jets belonging to the Federal Government in Europe, has initiated plans to seize other Nigerian assets in the United Kingdom, United […]
The National Judicial Council will send Justice Kudirat Kekere-Ekun’s name today (Friday) to President Bola Tinubu, for his approval as the next Chief Justice of Nigeria. This is the next step following her recommendation by the NJC on Thursday, during its 106th meeting, which was presided over by the outgoing Chief […]
This was confirmed by the authorities on Friday which also shares a picture of the engineers taken in front of the facility. A team of 23 Russian engineers, the original builders of the Ajaokuta Steel Company, has arrived in Ajaokuta in Kogi State, to conduct a technical audit of the […]
1. Aliko Dangote — Dangote refinery As of August 11, 2024, Aliko Dangote, Africa’s richest person with a net worth of $12.56 billion, is advancing in various sectors. His Dangote Refinery, inaugurated on May 22, 2023, in Lekki, Nigeria, is set to be the largest single-train refinery globally, processing 650,000 […]
Justice Akintayo Aluko of the Federal High Court, Ikoyi, Lagos has directed the interim forfeiture of a cash sum to the tune of $2.045m, seven choice landed properties and shares linked to the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. The judge arrived at the verdict […]
An appeal court in the United States (US) has authorised Zhongshan Fucheng Industrial Investment Co. Ltd. to enforce the $70 million arbitration award against Nigeria. In a 2-1 verdict delivered on August 9, the majority ruling affirmed the judgment of the US district court for the district of Columbia that […]
The Economic and Financial Crimes Commission, EFCC, wishes to clarify the reports in a section of the media today, August 14, 2024, purporting that the Commission donated N50billion to the Nigerian Education Loan Fund, NELFUND from its recovery account. The said fund was not a donation by the Commission but […]
The Association of Master Bakers and Caterers of Nigeria in Lagos State has lamented the incessant increase in flour prices in the country. The association made this known during a protest held in the state on Wednesday. Addressing newsmen during the protest, the association’s chairman, Chief Ayoola Mathew, said despite the recent approval […]
The Federal Government has commenced the free conversion of petrol and diesel-powered commercial vehicles to compressed natural gas in a bid to cut the cost of transportation nationwide. It started the exercise in Abuja and Lagos, urging commercial transport owners to key into the scheme by bringing their vehicles to […]