Tinubu, Edun have no Stake in OVH Acquisition – NNPC The Nigerian National Petroleum Company Limited (NNPCL) says neither President Bola Tinubu nor Mr Wale Tinubu of Oando Plc has an interest in the acquisition of OVH by NNPC. NNPC, in a statement by its spokesperson,...

Nigeria Requires $5b to Fix Air Cargo Infrastructure Nigeria will require over $5 billion investment to fix air cargo infrastructure in at least 24 of its airports nationwide to position it as one major player in the air cargo/ freight, courier, logistics, and agro-allied value...

Tinubu Appoints New Head, Management Team for Niger Delta Power Company President Bola Tinubu has approved the appointment of a new management team for the Niger Delta Power Holding Company (NDPHC). The new members of the management of the company are as follows: (1) Engineer Jennifer Adighije...

Tinubu Replaces Jalal Arabi Amid NAHCON Probe President Bola Tinubu has fired Jalal Arabi, as Executive Chairman of the National Hajj Commission of Nigeria (NAHCON). Ajuri Ngelale, Presidential spokesman, disclosed this in a statement in which he announced Professor Abdullahi Saleh Usman as the new Chairman...

NNPC Records N3.3trn Profit for 2023 The Nigerian National Petroleum Company (NNPC) Limited has declared a profit of N3.3 trillion for the fiscal year 2023. Pius Akinyelure, chairman of the NNPC board, spoke during a media briefing on the company’s 2023 audited financial statements (AFS) on...

FG to Commence Crude Oil Sale to Dangote, Others October The federal government says the sale of crude oil to the Dangote refinery in naira will commence on October 1. The ministry of finance, in a statement on Monday, said the decision was made at a...