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Barely weeks after declaring a net profit of N3.3 trillion in the 2023 financial year, with a purported increase of over N700 billion (28%) when compared to the 2022 profit of N2.548 trillion, NNPC has announced it is under intense financial pressure.
News

After Handing Over Retail Assets to OVH Energy, NNPC Seeks to Privatise Warri and Kaduna Refineries

The Nigerian National Petroleum Company Limited (NNPCL) has announced plans to engage reputable Operations and Maintenance (O&M) companies to take over the operation...

FinanceNews

Despite Persisting Inflation, Naira Volatility, Federal Agency Gives Traders One Month to Reduce Prices or Face Penalties

The Federal Competition and Consumer Protection Commission (FCCPC) has given traders and market stakeholders across Nigeria a one-month deadline to reduce the prices...

Nigeria Labour Congress (NLC) President Joe Ajaero, .
News

NLC President, Ajaero Vows To Press On Minimum Wage Struggle After Police Questioning

The Nigeria Labour Congress (NLC) President, Joe Ajaero, has vowed to continue his fight to implement the new minimum wage, undeterred by recent...

Amid Widespread Whistleblower Safety Concerns, Boeing and Nigeria Signed MoU in Advancing Aviation Sector
PoliticsTechnology

Amid Widespread Whistleblower Safety Concerns, Boeing and Nigeria Sign MoU To Strengthen Aviation Sector

Amid the widespread safety concerns raised by whistleblowers, the Boeing Company and Nigeria’s Federal Ministry of Aviation and Aerospace Development have signed a...

S’African Johann Rupert Overtakes Dangote To Become Africa's Richest Man
FinanceNews

S’African Johann Rupert Overtakes Dangote To Become Africa’s Richest Man

South African billionaire Johann Rupert has overtaken Nigeria’s Aliko Dangote to become Africa’s richest person. This is according to the latest Bloomberg Billionaires...

Entertainment

TG Omori Reveals Failed Kidney Transplant After Brother’s Donation

Award-winning cinematographer and music video director, TG Omori, has revealed that he recently underwent a failed kidney transplant at St. Nicholas Hospital in...

NEITI Website Unsafe For Visitors As Govt-Owned Extractive Agency Fails To Renew Its Security Certificate
News

ALERT: NEITI Website Unsafe For Visitors As Govt-Owned Extractive Agency Fails To Renew Its Security Certificate

The Nigeria Extractive Industries and Transparency Initiative (NEITI) official website is unsafe for visitors and vulnerable to attacks. Following a visit to netit.gov.ng,...

FinanceNews

South Africa Probes $7 Billion Corruption in State-Owned Companies

The Special Investigative Unit (SIU) on Tuesday revealed that it is investigating over $7 billion in alleged corruption across major state-owned companies in...

As Strike Lurks, Ogun State University Students Urge FG To 'Urgently' Dialogue With ASUU
EducationPolitics

As Strike Lurks, Ogun State University Students Urge FG To ‘Urgently’ Dialogue With ASUU

The Ogun State Chapter of the National Association of University Students (NAUS) has called on the Federal Government to urgently convene a stakeholders’...

Meta Facebook Monetisation Ghana Nigeria Creators
News

How White House ‘Pressured’ Facebook To Censor COVID-19 Content – Zuckerberg

Meta CEO, Mark Zuckerberg has disclosed that the White House under President Joe Biden pressured Facebook to censor COVID-19 content during the pandemic...

According to data from the National Bureau of Statistics showed that key food items such as beans, rice, yam, eggs, and garri continued to increase in prices despite a general decline in inflation for July 2024.
News

NBS Data Shows Prices Of Beans, Rice, Yam, Eggs, and Garri Still Moving Up Despite July Inflation Drop

According to data from the National Bureau of Statistics, essential food items such as beans, rice, yam, eggs, and garri have continued to...

NewsPolitics

UPDATE: NIA DG Tenders Resignation Over Seized Presidential Jet

The Director of the National Intelligence Agency (NIA), Ahmed Rufai Abubakar, has tendered his resignation to President Bola Tinubu over what was considered...