Africa
NNPCL’s Olufemi Soneye Clinches 2025 NIPR Spokesperson of the Year Award
Nigerian National Petroleum Company Limited (NNPCL), Chief Corporate Communications Officer, Olufemi Soneye has been named the 2025 Spokesperson of the Year by the Nigerian Institute of Public Relations (NIPR). Soneye triumphed over top contenders including Shell’s Igo Weli, NIMASA’s Osagie Edward, Nigeria Police Force’s ACP Olumuyiwa Adejobi, and Sifax Group’s…
Read More »Nigeria to launch e-visa, digital cards
The Federal Government of Nigeria will launch an e-visa system and digital landing/exit cards to enhance national security, according to Mr Festus Keyamo, Minister of Aviation and Aerospace Development. Speaking on Wednesday in Abuja when he received a delegation led by the Minister of Interior, Mr Olubunmi Tunji-Ojo, he said…
Read More »NDIC to pay first tranche of liquidation dividends to Heritage Bank depositors this month
The Nigeria Deposit Insurance Corporation (NDIC) has confirmed that it would begin the payment of the first tranche of liquidation dividends to depositors of Heritage Bank from April. It would be recalled that Heritage Bank operating licence was revoked by the Central Bank of Nigeria (CBN) on June 3, 2024.…
Read More »CBN Reports Strongest Net Reserve Position in Over Three Years
The Central Bank of Nigeria (CBN) has reported a substantial improvement in its Net Foreign Exchange Reserve (NFER) position as of the end of 2024, reflecting a substantial improvement in the country’s external liquidity, reduced short-term obligations, and renewed investor confidence. According to the CBN, NFER stood at $23.11 billion,…
Read More »Names of 58 Dead Nigerians With Unclaimed Properties in UK Unveiled
The United Kingdom government has released names and addresses of no fewer than 58 dead Nigerians with unclaimed estates. According to an updated list released on Monday, March 24, a total of 5,806 people from different countries including 58 Nigerians died with no one to claim their properties. The estates belonging to…
Read More »Dangote Petroleum suspends sales of petroleum products in Naira
Dangote Petroleum Refinery has confirmed that it has temporarily halted the sale of petroleum products in Naira. According to a note by the Management to customers on Wednesday, the company said “This decision is necessary to avoid a mismatch between our sales proceeds and our crude oil purchase obligations, which…
Read More »NNPCL refutes reports of explosion at Port Harcourt Refinery
The Nigerian National Petroleum Company Limited (NNPC Ltd) has refuted reports of an explosion at the Port Harcourt Refining Company (PHRC) in Rivers State. The company in a statement by Olufemi O. Soneye, Chief Corporate Communications Officer clarified that what occurred was a flare incident, which had since been fully…
Read More »Rwanda begins ticket sales for Super Eagles World Cup qualifier
The Rwanda Football Association (FERWAFA) has officially commenced ticket sales for the eagerly awaited 2026 FIFA World Cup qualifying match between Rwanda and Nigeria’s Super Eagles. The crucial Matchday 5 encounter is set to take place at Amahoro Stadium in Kigali on Friday, March 21, as both teams battle for…
Read More »Court stops FCCPC from sanctioning MultiChoice over DStv, Gotv tariff hike
The Federal High Court in Abuja has restrained the Federal Competition and Consumer Protection Commission (FCCPC) from sanctioning MultiChoice Nigeria Limited following its recent increase in the DStv and GOtv subscription rates. Justice James Omotosho gave the order after an ex-parte motion moved by Moyosore Onigbanjo, SAN, counsel to MultiChoice.…
Read More »Nigerian Artistes Earn Over N58 Billion on Spotify in 2024
Nigerian artistes have generated over N58 billion on Spotify in 2024, according to the online music streaming platform. Spotify’s Sub-Saharan Africa Managing Director, Jocelyne Muhutu-Remy revealed this in a statement on Thursday in Lagos. She highlighted the growing global impact of Nigerian music and the increasing earnings of local artistes…
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