Business

36 Nigerian Oil Blocks are Under Concession to Foreign Oil Companies, Says NNPC

Latest data from the Nigerian National Petroleum Company (NNPC) Limited showed that no fewer than 36 oil blocks are under concession to international oil companies operating in Nigeria and their indigenous counterparts in the country. An analysis of NNPCL’s latest Consolidated and Separate Financial Statements for the Period Ended December 31, 2022, indicated that the […]

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Business

Nigerian Economy On-Hold Again as Electricity Blackout Hits Entire Nation

The Nigerian economy is on the halt seat again as the the entire nation is on blackout due to the national grid collapsed, first time in 2024. In a statement, the Transmission Company of Nigeria (TCN) said “the grid experienced a partial disturbance at about 11:21 hours with Ibom power islanded, feeding Eket, Ekim, Itu […]

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Business

Seplat Energy Wins Outstanding Energy Company 2023 Year Award

Seplat Energy Plc, Nigerian independent energy company listed on both the Nigerian Exchange Limited (NGX) and the London Stock Exchange (LSE), has been named as the Outstanding Energy Company for 2023 by one of Nigeria’s authoritative newspaper brands, New Telegraph Publishing Company Limited, publishers of the New Telegraph Newspapers. The Company emerged as winner at the award […]

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Business

Pan-Atlantic University Alumni Association Inaugurates New EXCO to Drive Growth

The Pan-Atlantic University Alumni Association (PAUAA) has inaugurated a new set of Executive members to drive the next phase of growth of the group, recognised as one of Nigeria’s most prestigious university post-graduation association. The new executives include renowned broadcaster Gbemileke Oscar Oyinsan as President. Oscar, who comes with a lot of experience, is an […]

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Telecoms

Airtel Africa Customer Base Hits 151.2 Million with Mobile Money Transaction Rising to $116bn

Airtel Africa total customer base grew by 9.1% to 151.2 million just the telecoms company with spread across Africa its penetration of mobile data and mobile money services continued to rise, driving a 22.4% increase in data customers to 62.7 million and a 19.5% increase in mobile money customers to 37.5 million. The company in […]

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Business

President Tinubu, Others Congratulate Dangote on National Order Award from Senegal’s Govt

President/Chief Executive of Dangote Industries Limited, Aliko Dangote has been conferred with the prestigious award of the National Order of the Lion by President Macky Sall of the Republic of Senegal. The National Order of the Lion Award is the highest civilian laurel to be bestowed on any individual in the West African country. The award ceremony […]

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Software

NDPC to Unveil App Design for Better Understanding of Data Protection Law Soon

The Nigeria Data Protection Commission (NDPC), is developing a solution that would help Nigerians easily understand the data protection. National Commissioner/CEO of NDPC, Dr Vincent Olatunji, who made this known today during a policy dialogue on the Nigeria Data Protection Act (NDPA) 2023, held on the sideline of the National Privacy Week, said the Commission […]

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Business

Dangote Group Economy Diversifying Strides Attract Govt Accolades

The Federal Government has commended the leading roles being played by the Dangote Group to complement government’s efforts to diversify the nation’s economy and the company’s dedication to promotion of best practices in all its operations. The commendation came even as the Ogun State government said the Dangote Cement is a key driver of the […]

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Business

Human Capital Development Crucial for NDP-SRAP 2023-2027 Success, Says Olatunji

Human capital development, is a key component of the NDP-SRAP 2023-2027 of the Nigeria Data Protection Commission (NDPC), the National Commissioner, Dr Vincent Olatunji, has said. The National Commissioner, who made this known while delivering his opening remarks at a capacity-building workshop organised by the Commission in partnership with Huawei Technologies, commended the Huawei team for […]

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Business

Nigerian Govt Bans Local Airline Appointment as National Carrier

The Nigerian Government, has said that no local airline will be designated to be the Nigerian national carrier. Minister of Aviation and Aerospace Development, Festus Keyamo, said nominating one local airline to be the national carrier will be unfair to all other local airlines operating in the country. Keyamo, who was a guest on Channels […]

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