Business
Telegram Founder Arrested at Airport in France
Pavel Durov, the founder of Telegram, was arrested at Le Bourget Airport near Paris. Officers from France’s anti-fraud unit, linked to French customs,...
Stranded NASA Astronauts to Return to Earth With SpaceX Flight Next Year
NASA has decided that two astronauts stranded on the International Space Station (ISS) will return to Earth in February 2025 aboard a SpaceX...
Wale Tinubu’s Oando Acquires Nigerian Agip Oil Company for $783 Million
Oando PLC has finalised the acquisition of the Nigerian Agip Oil Company (NAOC) from Italian energy giant Eni for $783 million. Wale Tinubu,...
NNPC Hands Over All Retail Assets, Petrol Stations To OVH Energy Run By Wale Tinubu
NNPC Retail, the downstream arm of the Nigerian National Petroleum Company Limited (NNPCL), has transferred its assets and ownership to OVH Energy Marketing...
Niger Resumes Oil Exports to Benin After Months-Long Dispute
Niger has resumed crude oil exports to Benin following a resolution of the dispute that had halted the flow of oil through a...
Amid Persisting Fuel Scarcity, NNPC Denies Owing International Oil Traders
The Nigerian National Petroleum Company Limited (NNPC Ltd) has denied claims that it owes $6.8 billion to international oil traders. This was in...
Starlink to Halt Service To Unauthorised Ghana Users By August 21
Starlink, the satellite internet provider Elon Musk owns, has announced plans to disconnect users in Ghana from accessing its mobile plans by August...
Economic Hardship: Nearly 50% of Oyo Poultry Farms Have Shut Down – Poultry Association Head Laments
Nearly half of all poultry farms in Oyo state have been forced to shut down their operations due to rising costs. This alarming...
Nigeria’s Azman Air Pauses Operations, Sends Staff on Unpaid Leave
Nigerian airline, Azman Air has suspended its operations and placed nearly its entire workforce on compulsory leave without pay. The airline’s Public Relations...
Lagos Environmental Corps Seizes ₦2m Worth of Styrofoam Packs Bound for Cameroon
The Lagos Environmental Sanitation Corps (LAGESC) has intercepted a truckload of Styrofoam packs in transit within Lagos State. The truck, a Mercedes-Benz 814,...
Nigeria’s Manufacturers’ Association Lament Over CBN’s Unsettled $2.4 Billion Forex Forward Contracts
The Manufacturers Association of Nigeria (MAN) has called on the Central Bank of Nigeria (CBN) to take urgent action regarding outstanding obligations related...
Dangote Refinery Will Disrupt European Oil Market with Increased Diesel, Jet Fuel Exports — OPEC
The Organisation of Petroleum Exporting Countries (OPEC) has said that Nigeria’s Dangote Refinery and Petrochemicals will disrupt Europe’s oil market, particularly in the...