In a sweeping change within the Nigerian National Petroleum Corporation Limited (NNPCL), President Bola Ahmed Tinubu has officially removed Mele Kyari from his role as Group Managing Director (GMD). The
Nigeria’s federal government recorded a significant increase in revenue during the third quarter of 2024, as income from crude oil sales surged by 54%, pushing total earnings to ₦2 trillion.
The World Bank is poised to approve two new loans totaling $632 million for Nigeria today, March 31, 2025. These funds are earmarked to support critical sectors: $80 million is
In a concerted effort to bolster women’s roles in entrepreneurship and leadership within Delta State, Her Majesty Olori Atuwatse III, the queen consort of the Warri Kingdom, has launched the
Billionaire entrepreneur Elon Musk has officially sold X (formerly Twitter) to his artificial intelligence startup, xAI, in a deal valued at $33 billion. The transaction, structured as an all-stock deal,
Forbes has released its 2025 list of the world’s richest individuals, and several prominent Nigerian business moguls have secured positions among Africa’s wealthiest. Aliko Dangote, Abdulsamad Rabiu, Femi Otedola, and
The International Monetary Fund (IMF) has appointed Nigerian entrepreneur and philanthropist Tony Elumelu to its Advisory Council on Entrepreneurship and Growth. This council comprises distinguished global leaders tasked with providing
Recent reports indicate a significant decline in global demand for Nigeria’s crude oil, resulting in numerous unsold cargoes awaiting buyers. This development poses concerns for the nation’s economy, which heavily
At the 12th Advertisers Association of Nigeria (ADVAN) African Awards, Terra Gold received the prestigious ‘Brand Innovation of the Year’ award, highlighting its dedication to redefining kitchen essentials through innovative
The Nigeria Customs Service (NCS) has intensified its fight against smuggling, announcing the interception of contraband goods valued at approximately ₦1.7 billion in a large-scale operation conducted by the Federal
