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Unilever Nigeria stops production, sales of Omo, Lux
Unilever Nigeria says it has stopped production and sales of home care and skin cleansing products — 10 months after the company announced plans to exit both markets. The company disclosed this in its unaudited interim…
Costly rent, burial plots: No resting place for the poor even in death
In chaotic cities nationwide, dying is just as risky and more expensive as living. And for the majority that unfortunately die…
Woman Beheaded In Yola Hotel
A woman has been beheaded at a hotel in Yola, capital of Adamawa State. Confirming the tragic incident, Commissioner of Police, Afolabi Babatola, said he had ordered investigation into the matter. CP Babatola expressed…
Why CBN shouldn’t use dollar trickles to clear backlog
The Central Bank of Nigeria’s (CBN) three-year battle with its foreign exchange backlog seems nearing its endgame, with loans and inflows offering a glimmer of hope. Yet, while the temptation to simply “throw money at the…
TCN alerts Nigerians of another power outage, gives reason
The Transmission Company of Nigeria (TCN) has alerted electricity users in three states of an impending power outage this week. The states are Gombe, Yola and Bauchi. The TCN announced that its “maintenance crew will…
FG not averse to Shell asset sales — Lokpobiri
Heineken Lokpobiri, the minister of state for Petroleum Resources (Oil), has said that the Nigerian government was not against the sales of Shell assets, stating that the government remains committed to fostering a…
Aero Contractors Set To Resume Operations
Aero Contractors, Nigeria’s oldest aviation company has taken delivery of the first set of two Dash-8 (Q-400) aircraft this afternoon at the Nnamdi Azikwe…
Abuja Abductee Rescued By Police, Kidnapper Arrested
There was a heated gunfire exchange on Thursday as police officers rescued an Abuja resident, Segun Akinyemi, who was kidnapped just as he was driving out…
Panel indicts Tambuwal’s appointees for carting away 745 govt vehicles
The Sokoto State Committee for Wasteful and Unnecessary Government Assets Review revealed on Thursday that 745 government vehicles were taken by appointees of the previous governor, Aminu Tambuwal. Only 32 have been…
Super Eagles back on track for second round qualification after downing hosts Elephants
The Super Eagles of Nigeria on Thursday got their campaign for a fourth title back on track with a 1-0 defeat of hosts Elephants of Côte d’Ivoire. In their Group A match day 2 game at the Alassane Ouattara Olympic…
LASCOPA warns of ‘rubber plantain chips’ in Lagos
The Lagos State Consumer Protection Agency (LASCOPA) has warned consumers of plantain chips to be cautious as some products contain toxic ingredients. The warning follows a viral online picture from an eyewitness…
DisCos to now buy electricity directly from producers
Power distribution companies (DisCos) in Nigeria have been given the green light by the regulator to buy electricity directly from producers of the commodity after over 10 years of relying on an intermediary called…
Emefiele impersonated SGF to illegally obtain $6.2m – EFCC
The Federal Government has for the third time amended the criminal charges it filed against the immediate-past Governor of the Central Bank of Nigeria, Godwin Emefiele. In the latest amended charge taken before Justice…
Tinubu Meets Kano APC Leaders After Apex Court Ruling
President Bola Ahmed Tinubu yesterday hosted a delegation comprising the leadership of the Kano State Chapter of the All Progressives Congress at the Aso Rock… President Bola Ahmed Tinubu yesterday hosted a delegation…
Oyo Community Gets Electricity After 50 Years Of ‘Darkness’
Adafila, a rural community in Oriire Local Government Area of Oyo State has been lightened through a 90KwP solar power grid after 50 years of existence without electricity, Daily Trust reports. Daily Trust was…
3 Weeks After, Aiyedatiwa Yet To Appoint Deputy
Jonathan, Gaidam, Yero did in few days No time limit for appointing deputy – Lawyers Three weeks after taking the oath of office as the governor…
BAT’S 4/4 RENEWED HOPE AGENDA Applauds Seyi Tinubu’s Significant Role in President’s…
In a commendation that reverberates through the political landscape, BAT’S 4/4 RENEWED HOPE AGENDA, a national grass-root support group, has extended heartfelt…
BREAKING: FG relocates Federal Airports Authority of Nigeria headquarters to Lagos
The federal government has relocated the headquarters of the Federal Airports Authority of Nigeria to Lagos. This was revealed in a memo signed by the Managing Director of FAAN, Mrs Olubunmi Kuku. The memo read: ”The…
BREAKING: Otedola buying into Dangote Cement
Billionaire investor Femi Otedola is reportedly acquiring shares in Dangote Cement, according to sources with knowledge of the matter. Dangote Cement is among the SWOOT (Stocks Worth Over One Trillion) with a current…
Eterna Plc to become official distributor of Dangote refinery products
Eterna Plc has signed a deal with Dangote Petrochemical Refinery to become an official sales distributor of their products in Nigeria. In a corporate disclosure signed by Mandella Golkus, the Company Secretary of…
BREAKING: Court grants Emefiele permission to travel, gives fresh condition
The Federal Capital Territory High Court has granted the request of a former Central Bank of Nigeria (CBN) governor, Godwin Emefiele, to travel outside of Abuja. The embattled former CBN governor appeared in court on…
Dangote Sugar crosses the N1 trillion market cap level
For a moment in the NGX, Dangote Sugar Plc became the second Aliko Dangote-owned company to cross the N1 trillion market capitalization level.…
Interconnect debt: NCC says Globacom and MTN have reached ‘agreement’
The Nigerian Communications Commission (NCC) has said that MTN and Globacom have reached an agreement to resolve the interconnect debt issue, over which the former was to disconnect the latter. This came as the 10-day…
Africa’s richest man Aliko Dangote’s net worth skyrockets, exceeding $17 billion
Africa’s richest man Aliko Dangote is swiftly recovering from his $3.6 billion wealth setback in 2023. In just 17 days of 2024, he has already regained over…