He criticized the current NNPCL arrangement, describing its claim of being private as misleading. Atiku Abubakar, former Vice President of Nigeria, has called for the Nigerian National Petroleum Company Limited (NNPCL) to be listed on the stock exchange in accordance with the Petroleum Industry Act. His call follows the NNPCL’s …

LAGOS — There were indications, yesterday, that the petrol shortage in the country will not end soon as $6 billion debt to petrol suppliers, lack of liquidity and other issues have put pressure on the Federal Government’s capacity to sustain the importation of the product. This is even as oil …

Mariam Eniola Bolaji has won Team Nigeria’s 1st medal of Paris 2024 Paralympic Games in the Para badminton Women’s singles SL3 event. She beats Kozyna Oksana of Ukraine 21-9, 21-9 in the bronze medal match this morning.

Zenith Bank Plc has announced its audited results for the half-year ended 30 June 2024, recording an impressive triple-digit growth of 117% in gross earnings from N967.3 billion reported in H1 2023 to N2.1 trillion in H1 2024. This superior performance has been achieved even as the Nigerian banking industry …

TG Omori has responded to claims that his music industry network did not offer him financial aid during his health crisis. Omori, who has been battling kidney disease, underwent a transplant on August 26 at St. Nicholas Hospital in Lagos. The music video director said he went into surgery three …

Outrage has trailed the comment of Adams Oshiomhole, senator representing Edo north, that Betsy, wife of Godwin Obaseki, governor of Edo, “has no child”. On Thursday, the Peoples Democratic Party (PDP) in Edo state flagged off its governorship campaign for Esan south-east LGA at Ubiaja township stadium. During the campaign, …

The Centre for the Promotion of Private Enterprise (CPPE) has advised the Federal Competition and Consumer Protection Commission (FCCPC) to avoid controlling the prices of goods. On Thursday, FCCPC gave businesses a one-month ultimatum to reduce prices. Tunji Bello, executive vice-chairman and chief executive officer (CEO) of FCCPC, said businesses …

The Central Bank of Nigeria (CBN) has terminated the appointments of the board and executive directors of the Nigeria Incentive-Based Risk Sharing System for Agriculture Lending (NIRSAL). A source at CBN confirmed on Saturday. NIRSAL, a non-bank financial institution owned by CBN, was created to redefine, measure, re-price and share …

Pan-Yoruba group, Afenifere, has expressed concern over what it described as the near collapse of the nation since the administration of President Bola Tinubu took over. Afenifere, in a communique by the Deputy Leader, Oladipo Olaitan and Deputy Secretary General, Alade Rotimi-John after the regular quarterly meeting held on August …

The Chartered Institute of Bankers of Nigeria (CIBN) held its 2024 second induction for 741 new members on Saturday in Lagos. The institute reassured Nigerians that the planned banks recapitalisation would boost the nation’s Gross Domestic Product (GDP). The President of CIBN, Prof. Pius Olarenwaju, during the hybrid induction and …