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Nigeria Launches $500 Million Domestic Dollar Bond at 9.75% Interest
Nigeria’s New $500 Million Bond Offers 9.75% Interest
The Federal Government of Nigeria has issued its inaugural $500 million domestic dollar bond, offering an attractive 9.75% interest rate to investors. This bond, the first of its kind in … Continue Reading
Nigeria’s Economy Grows by 3.19% in Q2 2024, Driven by Services and Industry Sectors – NBS
Nigeria’s GDP Surges by 3.19% in Q2 2024
Nigeria’s GDP (Gross Domestic Product) recorded a year-on-year growth of 3.19% in real terms during the second quarter of 2024, surpassing the 2.51% growth from the same period in 2023 and the … Continue Reading
President Tinubu and His Nephew Has No Interest In OVH Acquisition – NNPC Counters Atiku
The Nigeria National Petroleum Company Limited (NNPC Ltd) has countered allegations made by former Vice President and 2023 presidential candidate of the Peoples Democratic Party (PDP), Alhaji Atiku Abubakar.
Atiku had accused President Bola Tinubu of using his influence to … Continue Reading
Oando PLC Completes $783 Million Acquisition of Nigerian Agip Oil Company from Eni
Oando PLC has successfully finalized its acquisition of the Nigerian Agip Oil Company (NAOC) from Italian energy conglomerate Eni for a total of $783 million. The completion of this deal, confirmed through an official press release, marks a significant milestone … Continue Reading
CBN Reports 130% Surge in Diaspora Remittances to $553 Million
The CBN Acting Director of Corporate Communications, Mrs. Hakama Sidi Ali, announced that diaspora remittances have increased significantly, crediting this growth to several key initiatives by the bank, including the licensing of new International Money Transfer Operators (IMTOs), the implementation
… Continue Reading
Thriving in the Gig Economy: Essential Strategies for Freelancers
The gig economy has totally revolutionized the way people work. Unlike traditional jobs with fixed schedule and rely on a single employer, gig economy allows freelancers to take control of their careers by working on multiple projects for various clients
… Continue Reading
FG To Sell Crude Oil to Dangote Refinery in Naira Starting October 1
The government also provided updates on the first expected delivery of Premium Motor Spirit (PMS) from the Dangote Refinery, scheduled for next month.
Abuja, Nigeria – The Nigerian government has announced that the sale of crude oil to the Dangote … Continue Reading
Nile Entertainment Launches with New Distribution Deal for ‘Wives on Strike 3’
A Major Milestone for Nile EntertainmentNile Entertainment, a burgeoning force in the Nigerian film industry, has made a grand entrance by securing the distribution rights for the much-anticipated Wives on Strike 3.
This marks a significant milestone for … Continue Reading
lagos State Government Seals Quilox Nightclub Again for Environmental Breaches
Lagos Government Cracks Down on Nightlife: Quilox Nightclub Sealed Again
The Lagos State Government has once again shut down Quilox Nightclub, one of the most popular nightlife spots in Nigeria, due to repeated violations of environmental regulations. This marks … Continue Reading
IPMAN predicts N600/litre for Dangote petrol
Independent petroleum marketers in Nigeria are eagerly anticipating the Dangote Petroleum Refinery‘s entry into the market, hoping that the company will sell its Premium Motor Spirit (PMS) at a competitive price.
According to the Independent Petroleum … Continue Reading