The Incorporated Trustees of HEDA Resource Centre (HEDA) has filed a lawsuit in the Federal High Court in Lagos (suit number FHC/L/CS/651/2025) alleging that the sale of onshore assets by Shell Petroleum Development Company (SPDC) to …
Recent report by the Central Bank of Nigeria (CBN) revealed that Nigeria’s Net Foreign Exchange Reserve (NFER) as of the end of 2024 increased to $23.11 billion. According to CBN, the increase marked an increase from $3.99 billion at year-end 2023, $8.19 …
Cadbury Nigeria Plc has declared a loss after tax of N22.2 billion for the year ended 31 December 2024. The Manufacturing Company reported revenue rise of 61% to N129.165 billion from N80.379 billion reported the previous year. Loss after tax of N22.225 …
Reforms being implemented in the oil and gas sector will position Nigeria as the preferred investment destination in Africa, a socio-political pressure group, the Renewed Hope Ambassadors (RHA) said on Thursday. Reacting to issues in the oil and gas sector …
85 By Daniel Adaji Despite securing loans and investments worth billions of dollars to boost Nigeria’s agricultural sector, food prices continue to soar, fueling hunger for millions of citizens. A report from the National Bureau of Statistics reveals that …
Mastercard has announced a strategic collaboration with Nomba, a leading payment solutions provider, to deliver seamless payment experiences for businesses across the country. Through this collaboration, Mastercard Gateway will be integrated into Nomba’s …
Nigeria’s Net Foreign Exchange Reserve (NFER) as of the end of 2024 stood at $23.11 billion, the highest level in over three years, reflecting a substantial improvement in the country’s external liquidity, reduced short-term obligations, and renewed …
Nigerian comedian and preacher Woli Arole has shared his experience with a motivational speaker. In an Instagram post, he revealed that a motivational speaker who always told him he was a nation builder and would build Nigeria has relocated to the US. He …
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