H1 2024: Dangote Cement Reports 85% Pre-tax Profit, Struggles With +118% YoY Increase In Production Costs
Dangote Cement Plc has announced a pre-tax profit of N292.9 billion for the first half of 2024. This marks a 22 per cent...
Italian Eni To Sell Its Subsidiary, Agip Oil, To Wale Tinubu’s Oando
Italian oil giant Eni has received formal consent from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to sell its subsidiary, Nigerian Agip Oil...
As #EndBadGovernance Protests Draw Closer, Oyo Governor To Begin One Month Vacation From Aug. 5
Oyo State Governor Seyi Makinde has written to the state House of Assembly to inform them of his intention to embark on his...
Just In: FCT Minister Wike Hurriedly Fixes Traditional Celebration on August 1, Says No Protests In Abuja
Federal Capital Territory (FCT) Minister Nyesom Wike has declared that Abuja will not be available for protesters on August 1. Instead, the minister...
Jollof Price Surge: Nigeria’s Cost Soars 19.6%, Ghana Sees Relief
According to a report by SBM Intelligence on Thursday, Nigeria’s food inflation is alarming as the cost of making traditional dishes like jollof...
CAC Issues 90-Day Deadline Before Delisting 1,018 Dormant Companies
The Corporate Affairs Commission (CAC) of Nigeria has announced a 90-day ultimatum for over 1,018 dormant companies to file their outstanding annual returns....
Another Building Collapses in Lagos, Kills At Least Three Site Workers
At least three construction workers lost their lives in a building collapse in Lagos. The tragic event occurred when a building under construction...
#EndBadGovernance: Nigerian Governors Meet In Abuja
Governors from the various states in Nigeria are currently convening in Abuja. They are meeting under the Nigeria Governors’ Forum at the NGF...
Sudan War: RSF Leader Agrees To Attend US-Mediated Ceasefire Talks
The paramilitary Rapid Support Forces (RSF) has agreed to participate in US-mediated ceasefire talks aimed at resolving the ongoing conflict in Sudan. The...
FG Launches ₦150,000 Grant for Jigawa Entrepreneurs As Protests Loom Nationwide
President Bola Tinubu has approved a ₦150,000 grant for each business owner in Jigawa State. Vice President Kashim Shettima announced this during the...
FIRS Boss Pushes For 50% Windfall Tax On Banks, Says It’ll Balance Reduced Tax Revenue From Manufacturing Sector
On Monday, Finance Minister Wale Edun and Federal Inland Revenue Service (FIRS) Chairman Zacch Adedeji appeared before the Senate Committee on Finance to...
Clashes Near Burkina Faso Border Leave 15 Niger Soldiers, 21 Terrorists Dead
At least 15 soldiers were killed on Monday during combat with armed terrorist groups near the border with Burkina Faso. This is according...