Shell Dismisses BP Acquisition Rumours, Prioritizes Strategic Growth
Shell Plc has rejected speculation about acquiring BP Plc, with CEO Wael Sawan stating on June 25 that no such deal is under consideration. The rumours emerged after BP’s share
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Nigeria Secures Heathrow Slot for Air Peace, Boosting Aviation Diplomacy
Nigeria has secured a coveted slot at London’s Heathrow Airport for Air Peace, the country’s leading airline, following intense diplomatic negotiations with the United Kingdom. The breakthrough, announced on June
TCN Enhances Nigeria’s Power Grid with 5,910 MVA Transformer Capacity
The Transmission Company of Nigeria (TCN) has boosted the national power grid by adding 5,910 megavolt-amperes (MVA) of transformer capacity, a milestone announced on Monday, June 16. The upgrade, spanning
$1 Billion Port Overhaul Drives 45% Cargo Surge in Nigeria
Nigeria’s maritime sector has recorded a 45% surge in cargo throughput in Q1 2025, following a $1 billion overhaul of key ports, including Apapa, Tin Can Island, and Onne, under
Google Faces Setback as EU Legal Opinion Upholds €2.4 Billion Fine
Google suffered a major legal setback on Tuesday, June 17, when an advocate general at the European Court of Justice (ECJ) issued an opinion upholding a €2.4 billion ($2.7 billion)
Nigeria’s Agricultural Exports Surge by 65% in Q1 2025
Nigeria’s agricultural exports soared by 65% in the first quarter of 2025, reaching $2.1 billion, according to a report by the Nigerian Export Promotion Council (NEPC). The surge, announced on
FG Moves To Close $2.3trn Infrastructure Gap Through PPP
The Federal Government of Nigeria unveiled a comprehensive strategy to address a $2.3 trillion infrastructure deficit through Public-Private Partnerships (PPPs) on June 17, 2025. The initiative, announced by the Ministry
Airlines Suspend Middle East Flights Amid Israel-Iran Conflict
Major global airlines, including Emirates, British Airways, and Lufthansa, halted flights to Middle Eastern cities like Tel Aviv, Tehran, and Amman, citing safety concerns following Israel’s airstrikes on Iran’s nuclear
Boeing Shares Plummet 5.0% After Air India 787 Crash Raises Safety Concerns
Boeing (BA) shares dropped 5.0% to $203.368 USD on June 12, 2025, as shown in the finance card above, following a catastrophic crash of an Air India Boeing 787 Dreamliner
Aliko Dangote Steps Down as Chairman of Dangote Sugar Refinery, Signals Strategic Shift
Africa’s richest man, Aliko Dangote, announced his retirement as Chairman of Dangote Sugar Refinery Plc on June 11, 2025, during the company’s annual general meeting in Lagos, marking a significant
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