European aircraft manufacturing company, Airbus, and Air France have been found guilty of manslaughter charges over the plane crash that killed 228 passengers in 2009. In...
The National Drug Law Enforcement Agency (NDLEA) has dismantled a highly sophisticated, multimillion-dollar Nigerian- Mexican methamphetamine production syndicate, arrested 10 suspects and uncovered N480 billion worth...
United States Embassy in Nigeria has said that the U.S. Trade and Development Agency is accelerating the deployment of trusted U.S.-made wireless infrastructure in Nigeria and...
The Economic and Financial Crimes Commission has arrested fleeing convicted ex-power minister Saleh Mamman sentenced to 75 years imprisonment. The EFCC Chairman, Ola Olukoyede, made the...
Africa Finance Corporation, the continent’s leading infrastructure solutions provider, has said that its Board has approved a commitment of up to $100 million to invest in...
The Federation Account Allocation Committee (FAAC) has started receiving the full proceeds from Nigeria’s Production Sharing Contract (PSC) oil revenues following the implementation of President Bola...
Nigerian businesses remained optimistic about the economy in April despite rising insecurity, multiple taxes and high borrowing costs, according to the Central Bank of Nigeria’s latest...
The Transmission Company of Nigeria (TCN), in collaboration with the African Development Bank (AfDB), has commenced the second phase of compensation for the Alaoji–Onitsha transmission line...
The Executive Secretary of the National Sugar Development Council (NSDC), Kamar Bakrin, says Nigeria’s sugar sector has the potential to create about one million jobs across...
Nigeria Deposit Insurance Corporation (NDIC), acting as liquidator of the defunct Gulf Bank Plc, has filed two suits against Wema Bank Plc at Federal High Court...
The University of Benin has unveiled a N100 billion Trust Development Fund aimed at driving infrastructural development and transforming the institution into a financially self-sustaining university....
National Pension Commission (PenCom) has granted approval to Pension Fund Administrators (PFAs) to invest in the Initial Public Offering (IPO) of Dangote Refinery. The approval is contained...
Egbin Power Plc has resumed electricity generation with an output of 433 megawatts following the completion of maintenance works on its cooling system. The company’s spokesman,...
UN Secretary-General António Guterres’ has said that “Africa must be at the centre of climate justice. The continent he said holds 60 per cent of the...
The Federal Competition and Consumer Protection Commission (FCCPC) has commended the Lagos State Electricity Regulatory Commission (LASERC) for recent consumer focused reforms aimed at stopping estimated...