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Kaduna Refinery To Be Ready By Q4 2024, Says Lokpobiri

Heineken Lokpobiri, the minister of state for petroleum resources (oil), says Kaduna refinery will begin operation by the end of 2024. In a statement shared...

IDF confirms: Gaza Ground Invasion Underway

The IDF has entered Gaza, and a ground invasion is underway, IDF Spokesman R.-Adm. Daniel Hagari said Saturday morning. “We have entered Gaza and are...

FBN Holdings Profit Surges to Record on FX Revaluation Gains

FBN Holdings Plc profit beat analysts' estimates for the third quarter as solid earnings supported organic capital generation. The lender revamped its risk management, which...

US Says ‘Expanded’ IDF Activity in Gaza Appears to be Start of Ground Offensive

A pair of US officials have told CBS News that Israel’s “expanded” military activity in the Gaza Strip appears to be the start of...

Naira Rallies to N1113/$ at P2P Market as Traders Await $10bn Inflow

The naira within a span of hours appreciated by N166 to the dollar in the P2P market, as currency traders re-evaluate their strategies. The naira...

Binance Founder CZ Loses $12 Billion on Crypto-Trading Slump

The Bloomberg Billionaires Index slashed its estimate of revenues at crypto exchange Binance by 38% after data showed volumes at the firm declined this year. That wiped...

Israel ‘Cuts Internet, Communications’ Across Gaza, Says Hamas

The Hamas government said Israel “cut communications and most of the internet” across the Gaza Strip on Friday. The government’s media office accused Israel of...

Dangote Cement Reports Robust Pan-African Volumes in Nine Months 2023

Dangote Cement in the nine months ended September 30, 2023 reported 15.2 percent increase in pan-African volumes to 8.5Mt from 7.4M tin the corresponding...

EFCC Arrests ex-CBN Governor Emefiele Immediately After Release by DSS

The Economic and Financial Crimes Commission (EFCC) has arrested former Governor of the Central Bank of Nigeria, Godwin Emefiele. Emefiele was picked up on Thursday...

DLM Trust Company Terminates Its Appointment as Escrow Trustee With Patricia Technologies Limited

DLM Trust is completely disassociating itself from the press release by Patricia Technologies Limited on the 24th of October 2023. "We were not aware of...

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