Nigeria Generates $831.14b From Oil, Gas In 24 Years

Nigeria Generates $831.14b From Oil, Gas In 24 Years

Nigeria generated over $831.14 billion in revenue from the oil and gas sector between 1999 and 2023, the Nigeria Extractive Industries Transparency Initiative (NEITI), has declared.  NEITI’s Executive Secretary, Ogbonnaya Orji, stated this on Monday when he appeared before the...
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EFCC Arraigns CEO For Alleged  N144m  Hajj Pilgrims Fraud 

EFCC Arraigns CEO For Alleged  N144m  Hajj Pilgrims Fraud 

The  Gombe Zonal Directorate of the Economic and Financial Crimes Commission, EFCC,  has arraigned the Chief Executive Officer, MB Lugga Global Travels and Tours Limited, Mustapha Mohammed before Justice TG.Ringim  of the Federal High Court sitt...
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Ebola: Nigeria On High Alert

Ebola: Nigeria On High Alert

The Nigeria Centre for Disease Control and Prevention (NCDC) has placed the country on high alert following the confirmation of an Ebola Virus Disease (EVD) outbreak in Uganda. Dr Jide Idris, the Director‐General, said this on Sunday in an interview...
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Ecobank Super Reward Promo Winners Get N42m

Ecobank Super Reward Promo Winners Get N42m

Ecobank Nigeria, an affiliate of Ecobank Group, has awarded a total of N42 million to its customers through the Super Reward “Millionaire Geng Promo.” This six-month promotion, which ran from July 1 to December 31, 2024, saw customers of the...
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Nigeria Prize For Science, Literature Open Submissions For 2025  

Nigeria Prize For Science, Literature Open Submissions For 2025  

The Nigeria Prize for Science and The Nigeria Prize for Literature have opened submissions for their 2025 awards.  A statement sent to City Business News at the weekend explained that this year, the Science Prize is looking for innovations in...
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Dangote Refinery Crashes Ex-Depot Price Of PMS To N890

Dangote Refinery Crashes Ex-Depot Price Of PMS To N890

Dangote Petroleum Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from N950 to N890 per litre, effective from Saturday, February1, 2025. A statement sent to City Business News explained that the  price adju...
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Access Bank Appoints Uche Orji As Non-Executive Director

Access Bank Appoints Uche Orji As Non-Executive Director

Access Holdings Plc has appointed Mr. Uche Orji as an Independent Non-Executive Director of  its flagship subsidiary, Access Bank Plc, effective from January 7, 2025, following the approval of the Central Bank of Nigeria (‘CBN’).  A statemen...
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NCAA Revokes Eastwind Aviation, Omni-Blu Air’s Operator Certificates

NCAA Revokes Eastwind Aviation, Omni-Blu Air’s Operator Certificates

The Nigeria Civil Aviation Authority (NCAA) on Friday revoked the air operator certificates of Eastwind Aviation Logistics Services Limited and Omni-Blu Aviation. In a post on its X handle, the NCAA said the move is part of efforts to “further sani...
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EFCC Arraigns 11 Chinese, One Filipino for Alleged  Internet Fraud

EFCC Arraigns 11 Chinese, One Filipino for Alleged  Internet Fraud

The Lagos Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on Friday, January 31, 2025, arraigned 11 Chinese, one Filipino and a company, Genting International Co. Ltd, before Justice D.I. Dipeolu of the Federal High Court sitting in...
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Lassa Fever: Nigeria Records 39 Deaths, 214 Confirmed Cases

Lassa Fever: Nigeria Records 39 Deaths, 214 Confirmed Cases

Between December 30, 2024 and January 19, 2025, Nigeria Centre for Disease Control (NCDC) and Prevention recorded 214 confirmed cases of Lassa fever and 39 deaths in 10 states across 43 local government areas.  Also within the period, NCDC reported...
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Katsina Gov Visits NGX Group, To Leverage Capital Market Opportunities

Katsina Gov Visits NGX Group, To Leverage Capital Market Opportunities

Nigerian Exchange Group (NGX Group) hosted the Executive Governor of Katsina State, Dr. Dikko Umar Radda, CON, at the Exchange, marking a significant step toward advancing the state’s economic vision through capital market opportunities. The visit reaffirmed...
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Nigeria Secures $1.1b AfDB Loan

Nigeria Secures $1.1b AfDB Loan

The Nigerian Government  has secured a $1.1 billion loan from the African Development Bank (AfDB) for the provision of electricity for 5 million people by the end of 2026. According to Bayo Onanuga, Special Adviser to the President, (Information &amp...
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Coscharis Motors Resumes Tuition-Free Training Academy

Coscharis Motors Resumes Tuition-Free Training Academy

Coscharis Motors has reopened its training academy for admission into its one year training programme in automobile technical engineering, which is free of all cost at its CG Eko, Ikeja outlet as part of its corporate social responsibility investment aimed...
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EFCC, NGX RegCo To Strengthen Partnership

EFCC, NGX RegCo To Strengthen Partnership

NGX Regulation Limited (NGX RegCo), the independent regulation subsidiary of Nigerian Exchange Group, and the Economic and Financial Crimes Commission (EFCC) have called for enhanced partnership to enhance market surveillance and combat financial crimes in Nig...
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