The Nigerian Content Development and Monitoring Board (NCDMB) has sealed a deal to acquire 20 per cent equity in a 100,000 barrels per day (bpd) refinery project being established by…
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Category: Economy
NIMC warns Nigerians against NIN modifications in non official portals
Our reporter/ The National Identity Management Commission (NIMC) on Monday advised Nigerians to modify their National Identification Number (NIN) details only through its official self-service portal. In a statement signed…
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Transcorp group records outstanding growth in FY 2024; revenue increases by 107%, PBT by 132%
Transnational Corporation Plc (“Transcorp” or the “Group”), Nigeria’s leading listed conglomerate has announced its financial results for the year ended December 31, 2024. Consistent with its results track record, the…
Read More Transcorp group records outstanding growth in FY 2024; revenue increases by 107%, PBT by 132%
CBN asks court to dismiss EFCC’s forfeiture bid against N2.7bn collateral property
The Central Bank of Nigeria (CBN) has urged the Federal High Court Abuja to dismiss a forfeiture case brought by the Economic and Financial Crimes Commission (EFCC) against a N2.7…
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Widespread blackout as Nigeria’s national grid suffers partial collapse
Our reporter| Several cities across Nigeria were thrown into darkness on Friday after the country’s electricity grid suffered a partial collapse. The grid collapsed due to the partial system failure…
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