The Nigerian Minister of Power, Adebayo Adelabu, has warned that the country may experience complete lack of electricity in the next three months if the recent hike in electricity tariff is not implemented. He made this statement during an investigation hearing by the Senate Committee on Power in Abuja, concerning …

Unity Bank Plc has engaged students from all the geopolitical zones of the federation as it facilitated financial literacy training in 15 schools as part of activities to mark the 2024 Global Money Week. The Financial Literacy Training was held as a strategy for driving financial inclusion of the Central Bank of Nigeria …

P+ Measurement Services, an Independent Media Intelligence Consultancy, conducted a comprehensive media performance audit of Tunde Onakoya’s historic Chess Marathon, held in the iconic New York Times Square, which got him into the Guinness World Records, after a 60-hour gameplay, surpassing the previous record of 56 hours, 9 minutes, and …

Dangote Cement Plc has disowned a truck laden with cement that collided with a bus on Okene-Lokoja bypass in Kogi State, leading to the death of some passengers. The company however expressed sadness over the incident and condoled with the families of the victims, urging the public to disregard the …

Standard Chartered Bank has announced the appointment of Dalu Ajene is the Chief Executive Officer of the bank’s operations in Nigeria. Ajene takes over from Lamin Manjang, the Vice Chairman Africa and Acting CEO who will be retiring from the bank after 25 years of service, having reached the mandatory …

Following the investigative documentary aired on Al-Jazeera, an International Cable Network that indicted Nestle of adding excessive Sugar to its NIDO Infant Formula and is been sold to Africa and other poorer countries around the world, the National Agency for Food and Drug Administration and Control, NAFDAC, has insisted that  …

Shareholders of Zenith Bank Plc unanimously approved the restructuring of the Bank to a holding company during a court-ordered Extraordinary General Meeting (EGM) held virtually from Zenith Heights, Zenith Bank Plc, Victoria Island, Lagos, on Friday, April 26, 2024.   In accordance with the Scheme of Arrangement dated March 28 2024, pursuant …

Management of Dangote Cement Plc has revealed that the company dispatched seven ships of clinker- from Nigeria to Ghana and Cameroon and that the export, for the first quarter of 2024 increased by 87.2 percent at 264kt. While the company commissioned 10 of the 17 Alternative Fuel Projects across the …

The Federal Government of Nigeria received an additional N3.8 trillion in what appears to be fresh Ways and Means Borrowing in the last six months of 2023. This is according to provisional data published in the latest Statistics bulletin for the fourth quarter of 2023 recently released by the central …

Multiple explosions from fuel tankers at the Eleme section of the East-West Road in Rivers State have resulted in the burning of not less than 100 vehicles and an unknown number of casualties. The incident, which occurred late Friday night, has left many travelers stranded. According to reports, a tanker …