After spending 16 months reviewing data from various the International Oil Companies (IOCs), Kariya Energy Monday announced its readiness to enter into various definitive agreement to acquire upstream and midstream oil and gas assets in African countries.
Kariya Energy would pursue profitable small-scale Liquefied Natural Gas (LNG) projects across Africa,...
The Senate on Monday passed the 2021 Appropriation Bill of N13.5 trillion.
This followed the adoption of the report of Senate Committee on Appropriations at plenary.
The News Agency of Nigeria (NAN), reports that President Muhammadu Buhari had on Oct. 8, presented the 2021 budget of N13.08 trillion to the joint...
Planned withdrawal of Unstructured Supplementary Service Data (USSD) short code service that enables bank transfer from mobile device, has been suspended by telecommunications operators in the country.
The withdrawal of the said suspension of service, which was to take effect from Monday, March 15, came as the Central Bank of...
One of Africa’s largest food retailers, Shoprite, has announced plans to exit the Nigerian market after posting continuous losses from its operations in the world's populous Black nation.
Shoprite, in a trading update filed at the Johannesburg Stock Exchange (JSE) on Monday morning, said it was planning to discontinue its...
African Development Bank Group has announced the appointment of Wambui Gichuri as Acting Vice President (Agriculture, Human and Social Development) effective July 5.
Wambui joined the African Development Bank Group in 2018 as Director, Water Development and Sanitation. She currently oversees the bank’s water sector programme of over $ 4.5...
A technology approach to solving some of the challenges faced in pension administration has been introduced with the development of I’M Alive, a pensioner verification solution by Chams Plc.
The Group Managing Director (GMD) of Chams Plc, Gavin Young, at an interactive session with journalists on Monday, at the firm’s...
President Muhammadu Buhari Thursday explained that the recently passed Companies and Allied Matters Act, 2020 (CAMA) in Nigeria will enhance transparency and corporate accountability in the fight against corruption.
President Buhari spoke in a video message presented at the Open Government Partnership (OGP) 2020 Virtual Leaders’ Summit on the sidelines...
Commercial operations at the Lekki Deep Seaport in Lagos Free Zone (LFZ) will begin in the first quarter of 2023, Governor Babajide Sanwo-Olu, on Friday, Tolaram Group, the frontline investor handling the project gave the assurance on Friday.
The Governor and members of the State’s cabinet are currently on a...
Government of the United States of America (USA) has finally charged Ramon Abbas Olorunwa Igbalode popularly known as Ray Hushpuppi to court in Los Angeles for allegedly committing frauds and laundering ‘millions of dollars from cybercrime schemes.'"
The government, in a comprehensive affidavit on Friday by the US Department of...
