South African firm buys Ikeja City Mall, three Ghanaian plazas for ‘$200m’
Lango, a South African real estate firm, has agreed to acquire assets owned by Hyprop Investments Limited and Attacq Limited in Nigeria and Ghana. In a joint statement dated…
FG to commence crude oil sale in naira to Dangote refinery October 1
The federal government says the sale of crude oil to the Dangote refinery in naira will commence on October 1. The ministry of finance, in a statement on Monday,…
NNPC declares N3.3trn profit for 2023
The Nigerian National Petroleum Company (NNPC) Limited has declared a profit of N3.3 trillion for the fiscal year 2023. Pius Akinyelure, chairman of the NNPC board, spoke during a…
Tinubu sacks Arabi, appoints Abdullahi Usman as NAHCON chairman
President Bola Tinubu has appointed Abdullahi Usman as the chairman of the National Hajj Commission of Nigeria (NAHCON). Ajuri Ngelale, the presidential spokesperson, said in a statement on Monday,…
Presidency confirms purchase of new presidential jet
President Bola Tinubu, on Monday, departed Abuja, the nation’s capital, to France aboard the new presidential jet. Bayo Onanuga, special adviser to the Tinubu on information and strategy, said in…
No NASS approval for new presidential jet’
There was no approval by the National Assembly before the procurement of the new presidential jet for President Bola Ahmed Tinubu, according to a report by Daily Trust. Late…
Police fire tear gas after fight erupts in Abuja Church over ‘alien practices from America’
Following the outbreak of violence over what worshippers of a church in Abuja called legalisation of practices alien to christian culture, police from the FCT Command reportedly fired tear…
NNPC battles deepening fuel scarcity, black market booms
The Nigerian National Petroleum Company Limited has vowed to end the queues for Premium Motor Spirit, popularly called petrol, by Wednesday, as the black market for PMS boomed on…
Amosun: Pat Utomi was blacklisted by Ogun assembly before I became governor — he has no case
Ibikunle Amosun, a former governor of Ogun, has responded to an allegation against him by Pat Utomi, a professor of political economy, concerning the revocation of his investment in…
Tinubu heading to France Monday for ‘brief work stay’
President Bola Tinubu will depart Abuja, the nation’s capital, on Monday to France. In a statement on Sunday, Ajuri Ngelale, presidential spokesperson, said the president will return to the country…
