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Dangote Retires as Sugar Refinery Chairman

Aliko Dangote has retired as Chairman of the Board of Dangote Sugar Refinery Plc, bringing an end to a 20-year leadership of the company.

Gas Companies Appeal to FG to Clear N2.7 tn Legacy Debt

Gas Companies Appeal to FG to Clear N2.7 tn Legacy Debt Companies producing gas and selling to electricity generation companies have called on the Federal Government to address the legacy debt owed to them. The companies under the aegis of the Independent Petroleum Producers Group made...

Tourism Key to Driving Local Entrepreneurship, Says Shettima

Tourism Key to Driving Local Entrepreneurship, Says Shettima The Vice President of Nigeria, Senator Kashim Shettima on Wednesday said tourism apart from its economic value has the potential to enhance local entrepreneurship. Shettima made this known during the opening ceremony of the 68th meeting of the...

Blackout Looms as FG Starts Grid Maintenance

Blackout Looms as FG Starts Grid Maintenance The Nigerian Independent System Operator says electricity consumers may encounter blackouts across the country as the Federal Government intensifies efforts to stabilise the national grid through planned outages This comes as at least six states in the North-East remain...

June 12: Tinubu to Deliver Address at NASS, Cancels Nationwide Broadcast

June 12: Tinubu to Deliver Address at NASS, Cancels Nationwide Broadcast President Bola Tinubu has cancelled nationwide broadcast in commemoration of Democracy Day and will instead deliver his address directly to Parliament. Earlier, the Inter-Ministerial Committee for Democracy Day had rolled out a series of events...

CBN Debunks Report on BDC Recapitalisation Deadline

CBN Debunks Report on BDC Recapitalisation Deadline The Central Bank of Nigeria (CBN) has debunked a news story in circulation suggesting that the Bank has extended the deadline for the recapitalisation of Bureau De Change (BDC) operators to December 31, 2025. The CBN, through its...