Femi Otedola Sells Forte Oil

Nigerian billionaire, Femi Otedola, on Wednesday, revealed that he has sold his interests in Forte Oil. On his verified Instagram handle, Otedola said, he has...

US Ups Investment In Africa To Counter China’s Influence

Eleven heads of state and government and more than 1,000 business leaders are meeting in Mozambique this week for the US-Africa Business Summit ahead...

Oando Share Price Drops As SEC Suspends AGM

The share price of Oando Plc declined at the close of trading on the Nigerian Stock Exchange on Monday after the Securities and Exchange...

FG Revokes Six Oil Licences

The Department of Petroleum Resources (DPR) has revoked five oil mining licences (OML) and one oil prospecting licence (OPL) belonging to five companies.   In a...

NNPC Rakes In $490.03m From Crude Sales In 28 Days

The Nigerian National Petroleum Corporation (NNPC) raked in $490.03 million revenues from oil exports in February 2019. The figures, contained in the February 2019 edition...

‘Game Of Thrones’ Breaks Record With 19.3 Million Viewership

The final episode of “Game of Thrones” broke single-night viewing records with 19.3 million tuning in to watch the finale, despite the mixed reactions...

NAICOM Raises Insurance Firms Capital by 200%

The insurance sector regulator, the National Insurance Commission (NAICOM), yesterday announced a major increase in the minimum paid-up share capital of insurance and reinsurance...

SEC Probes MTN Listing on Stock Exchange

The Securities and Exchange Commission (SEC) is investigating the process that led to the listing of MTN Nigeria on the Nigerian Stock Exchange (NSE)   A...

‘Loom Money Nigeria’ Is A Fraudulent Ponzi Scheme, Sec Warns

The Securities and Exchange Commission has warned Nigerians against fraudsters currently running an online investment scheme tagged “Loom Money Nigeria.’’   Acting Director-General of the commission,...

No Monies Missing Or Stolen In CBN –Management

The Central Bank of Nigeria, CBN, says a select audio recording of purported telephone conversations between Governor Godwin Emefiele and a Deputy Governor and...
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Buratai Denies Indicting Soldiers

The Chief of Army Staff, Lt.-Gen. Tukur Buratai, on Monday denied indicting commanders and soldiers of lack of commitment to ongoing counter-insurgency and counter-terrorism...

2019 BBNaija Season Four Winner To Get N60m Worth Of Prizes

The organisers of Big Brother Nigeria have announced that the winner of the upcoming fourth season will walk away with 60 million Naira worth...

Burna Boy Wins BET ‘Best International Act’ Award

Afro-fusion artist, Damini Ogulu aka Burna Boy clinched the coveted ‘Best International Act’ award at the BET on Monday. The 2019 edition of the award...