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    Court voids Shell, AFC-backed ICC arbitration in dispute over OML 29 acquisition

    BY VIVIAN MICHAEL A High Court of the Federal Capital Territory (FCT), Abuja, has nullified arbitration proceedings initiated at the International Chamber of Commerce (ICC), London, in connection with the acquisition of Oil Mining Lease (OML) 29 by Aiteo Eastern E&P Company Limited. The ruling followed...
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    Supreme court affirms victory of Senator Monday Okpebholo as Governor of Edo State

      In dismissing the appeal filed by the PDP and its candidate in the 2024 Edo governorship election, Asue Ighodalo, the apex Court noted that the Appellants challenged 395 polling units out of the 5019 polling units in the entire state. The Court held that the...
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    Business

    Thousands benefit from NNPCL/Shell’s free healthcare as Vision First initiative holds in Lagos

      The fourth edition of Vision First, the flagship health programme of the Nigerian National...
    Business

    CBN Mandates Banks to Report Transactions Above N5m Monthly Under New Tax Law Effective 2026

      Nigerian banks have been mandated to report all customer accounts with monthly transactions exceeding...
    Business

    Kuda processes N14.3trn transactions in Q1 2025 

    Nigeria’s digital bank, Kuda Technologies, has disclosed that it processed N14.3 trillion worth of...
    Business

    NCC introduces licencing framework for bulk messaging services 

    The Nigerian Communications Commission (NCC) has unveiled a new licensing framework for Application-to-Person (A2P) messaging...
    Business

    Dangote Refinery set to process 100% local crude

    Dangote Industries Limited is poised to rely entirely on Nigerian crude oil by the...
    Business

    Your reforms not impacting poor Nigerians, IMF tells Nigeria

    The International Monetary Fund (IMF) has expressed concerns over Nigeria’s recent economic reforms, noting...
    Business

    UBA decries AMCON sale of IBEDC for N100bn, threatens legal action

      The United Bank of Africa (UBA) has criticised AMCON sale of its 60 percent...
    Business

    Metering project, win-win for company, consumers – Aba Power MD

    The Managing Director of APL Electricity Distribution Company (Aba Power), Ugo Opiegbe, has expressed...
    Business

    NGX confirms Notore Chemical Industries Plc delisting 

    Notore Chemical Industries Plc has officially exited the Nigerian Exchange Limited (NGX) following the...
    Business

    Rwanda partners Nigeria in trade, aviation, ICT devt 

    In a bid to boost trade and bilateral relations with Nigeria, the High Commissioner...
    Business

    AMCON sells Ibadan DisCo for N100bn

    The Asset Management Company of Nigeria has announced that the Ibadan Electricity Distribution Company...
    Business

    GTCO to list shares on London Exchange, raise capital in int’l market 

    As part of plans to raise capital in the international market, Guaranty Trust Holding...
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    News

    Court voids Shell, AFC-backed ICC arbitration in dispute over OML 29 acquisition

    BY VIVIAN MICHAEL A High Court of the Federal Capital Territory (FCT), Abuja, has nullified...
    News

    Supreme court affirms victory of Senator Monday Okpebholo as Governor of Edo State

      In dismissing the appeal filed by the PDP and its candidate in the 2024...
    News

    FG partners UNDP, EU to connect fresh graduates to local job opportunities

      By Olufemi ONI, Ilorin The Federal Government has partnered with the United Nations Development Programme...
    News

    Nigeria’s Oil Rig Count Hits 46

    The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said that the country’s active oil...

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