Business

3538 Articles
Technology

Nigeria Targets Next-Generation Broadband as NCC Publishes Key Draft Spectrum Policies

The Nigerian Communications Commission (NCC) has released two key draft regulatory documents intended to guide the evolution of Nigeria’s communications sector over the...

Capital

Femi Otedola Sells Majority Stake in Geregu Power in $750 million Deal

Billionaire investor Femi Otedola has exited Geregu Power Plc in a landmark $750 million transactionthat sees him divest his 77% controlling stake in...

Crime

Army Arrests 19 Oil Thieves, Destroys 22 Illegal Bunkering Sites Across Niger Delta

BY SUNDAY SAMUEL—Nigerian Army, in several operations conducted, has arrested 19 suspected oil thieves with 22 illegal refining hubs destroyed, and over 180,000...

Energy

Nigeria: Court declines to stop Petroleum minister, others from allocating oil fields

The Federal High Court in Abuja has refused to grant an application seeking to stop Mr Heineken Lokpobiri, Minister of State for Petroleum...

Energy

KBL Insurance Reiterates Support for NIIRA as Recapitalisation Deadline Approaches

BY NKECHI NAECHE-ESEZOBOR—As the year draws to a close, KBL Insurance Limited has restated its firm commitment to transparency, data integrity, and full...

Crime

Ex-convict, 3 Others Arrested Over UK-bound Cocaine Consignment In Liquid Starch Sachets

A notorious drug trafficker Nwobodo Chidiebere Basil previously convicted of dealing in 30.10kg methamphetamine in 2023 has again been arrested by operatives of...

Insurance World

GNI Clarifies Ownership Of Martins Street Property After Christmas Fire, Operations Unaffected

Great Nigeria Insurance Plc (GNI), on Saturday  expressed sympathy with those affected by the fire that occurred during the Christmas break at No....

Energy

NISO Reaffirms Commitment to Building Resilient, Future-Ready National Power Grid

The Nigerian Independent System Operator (NISO) has reaffirmed its commitment to building a resilient, flexible, and future-ready national power grid capable of supporting...