World Bank Poised to Approve Nigeria’s $1.1 Billion Loan Request
Nigeria’s quest for a $1.1 billion loan from the World Bank is on the verge of approval, signaling a potential boost for the nation’s economic recovery efforts. The loan, aimed
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Kenya Airways Airlifts 10,000 Nigerian Passengers in 2024, Strengthening Bilateral Aviation Ties
Kenya Airways has reported a significant milestone in its operations, announcing that it successfully airlifted 10,000 Nigerian passengers in the year 2024. This achievement underscores the strengthening aviation ties between
Nigeria Customs Service Seizes Undeclared $1.15 Million and SR135,900 at Kano Airport
In a significant enforcement action, the Nigeria Customs Service (NCS) intercepted undeclared foreign currencies totaling $1,154,900 and 135,900 Saudi Riyals (SR) at the Mallam Aminu Kano International Airport (MAKIA). This
Dangote Refinery Receives Fresh Crude Oil Shipments from NNPCL Amid Ongoing Naira-for-Crude Discussions
The Dangote Petroleum Refinery has recently received new shipments of crude oil from the Nigerian National Petroleum Company Limited (NNPCL), marking a significant development in Nigeria’s energy sector. These deliveries
Nigeria Customs Service Intercepts Over 57,000 Litres of Petrol in Anti-Smuggling Operations Across Adamawa and Taraba States
In a robust crackdown on fuel smuggling, the Nigeria Customs Service (NCS) has seized a substantial quantity of Premium Motor Spirit (PMS), commonly known as petrol, totaling over 57,000 litres
Court Strikes Out Cyberstalking Suit as GTBank Withdraws Charge Against Bloggers
In a significant legal development, the Federal High Court in Lagos has dismissed the cyberstalking charges against four bloggers, Precious Eze, Olawale Rotimi, Rowland Olonishuwa, and Seun Odunlami, following the
Renaissance Capital Completes Acquisition of Shell’s Onshore Assets
Renaissance Capital, a prominent investment firm, has finalized the acquisition of Royal Dutch Shell’s onshore oil and gas assets in Nigeria. The deal, valued at approximately $500 million, includes several
Abia State Partners with ipNX to Enhance Internet Connectivity
The Abia State Government has entered into a strategic partnership with ipNX, a leading Nigerian ICT company, to improve internet connectivity across the state. This collaboration aims to bolster digital
Nigerian Government and Foreign Airlines Initiate Discussions Over Rising Airfares
The Federal Government of Nigeria has commenced negotiations with foreign airlines operating in the country to address the escalating cost of air travel. In recent months, passengers have expressed concerns
NNPC Reports $17 Billion in Investments Attracted by Oil Sector Reforms
The Nigerian National Petroleum Corporation (NNPC) has reported that recent reforms in the oil sector have attracted $17 billion in new investments. These reforms aim to increase transparency, efficiency, and
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