Business
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CBN Approves National Banking Licence Upgrades for OPay, Moniepoint, Kuda
By Ashiru Taofeek Adewale The Central Bank of Nigeria (CBN) has upgraded the operating licences of several financial technology companies and microfinance banks (MFBs) to national status, formally authorising them to operate…
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NAFDAC insists on War against Sachet Alcohol Distribution, Says “Ban Not Punishment”
By Paul Joseph The Director-General of the National Agency for Food and Drug Administration and Control (NAFDAC), Prof. Mojisola Adeyeye, has declared that the agency has resumed enforcement of the ban on…
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Tomato Price Crashes Amid Ongoing Challenges for Farmers in Nigeria
Tomato farmers in Kano, Katsina, Kaduna, Plateau, and other states are currently facing a significant price crash as the harvest season begins, compounding the challenges they already face. Following the catastrophic Tuta…
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US Embassy, Lagos Consulate to close Offices Monday
By Charles Maduka The United States Embassy in Abuja and the Consulate General in Lagos will suspend operations on Monday in observance of Martin Luther King Jr. Day. The closure was announced…
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Qatar Airways Flight Returns to Lagos Due to Technical Issue, Passengers Evacuated Safely
Qatar Airways has explained the circumstances surrounding the unplanned return of its flight from Lagos to Doha, which made an emergency landing at Murtala Mohammed International Airport on Friday. The airline stated…
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EXCLUSIVE: Abdullahi Bashir Haske—The Billionaire in the Shadows
When billionaires in Nigeria are mentioned, names like Aliko Dangote, Femi Otedola, and Tony Elumelu dominate the conversation. Yet, there exists another class of billionaires—those who operate in the shadows, quietly amassing…
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Etihad Oilfield Services Addresses Ownership Rumours and Misleading Reports
The Chairman of Etihad Oilfield Services, Alhaji Abdullahi Bashir Haske, has refuted a report claiming that a person named Kabir Chiroma Haske is the owner of Etihad Oilfield Ltd. In a statement…
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Oando Secures Operatorship of Oil Block in Angola
Oando Plc, a prominent Nigerian energy solutions provider listed on both the Nigerian Exchange Limited and the Johannesburg Stock Exchange, has announced that its upstream subsidiary, Oando Energy Resources, has been awarded…
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Canadian businessman, Kevin Offers $20 Billion to Acquire TikTok Amid U.S. Ban Threat
Canadian businessman and investor Kevin O’Leary has made a bold move by offering $20 billion to acquire TikTok from its parent company, ByteDance. Starnews NG reports that this development follows the recent…
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BREAKING: NNPCL announces N950.22 as new petrol price
Nigerian National Petroleum Company Limited (NNPCL) has officially released estimated Pump Prices of PMS from Dangote Refinery, Based on September 2024 Pricing. According to a statement signed by Olufemi Soneye, Chief Corporate…
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Dangote Refinery sells Petrol To NNPCL In Dollars as both parties disagree over pricing
Dangote Refinery has disclosed that it sold Premium Motor Spirit (PMS) to The Nigerian National Petroleum Company Limited (NNPCL) in dollars. Anthony Chiejina, Group Chief Branding and Communications Office of Dangote, disclosed…
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Meet 24 Nigerian Billionaires In Oil And Gas Industry
As of August 11, 2024, Aliko Dangote, Africa’s richest person with a net worth of $12.56 billion, is advancing in various sectors. His Dangote Refinery, inaugurated on May 22, 2023, in Lekki,…
