2024-02-06 16:46
The Bank Directors Association of Nigeria (BDAN) has backed the recent Guidelines/Circulars issued by the Central Bank of Nigeria (CBN), aimed at fortifying the nation’s financial syst… Read More
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2024-02-06 16:42
The Isoko National Youth Assembly (INYA) has joined its voice to the growing calls for the relocation of Nigerian National Petroleum Company Limited (NNPCL), the Amnesty Office and head offi… Read More
2024-02-06 16:41
The Management of the Nigerian Maritime Administration and Safety Agency (NIMASA) over the weekend, concluded a three day Performance Management
retreat where the agency’s Executiv… Read More
2024-02-06 16:38
Super Eagles striker, Victor Osimhen, has reportedly been cleared by the team’s medical staff for Wednesday’s semi-final clash against South Africa.The hotline Magazines reported… Read More
2024-02-05 17:56
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has narrated how the apex bank uncovered $2.4billion fraud in Forex trading.Cardoso made the revelation in an interview with A… Read More
2024-02-05 15:32
The Central Bank of Nigeria (CBN) has assured Nigerians that the seemingly tough reforms created would strengthen the naira and stablise the economy. Dr Olayemi…
The Central Bank o… Read More
2024-02-05 15:30
Nigerian Athlete, Tobi Amusan has set a new African women’s indoor record in 60 metres after finishing at 7.75 seconds at the New Balance Indoor Grand Prix in Boston.
Amusan retired… Read More
2024-02-05 15:29
Lagos state governor Babajide Sanwo-Olu has announced that President Tinubu will launch the Red Line Rail project in the last week of February.Sanwo-olu disclosed this during his visit to th… Read More
2024-02-05 15:27
The National Agency for Food and Drug Administration and Control has commenced the enforcement of the ban on the importation, manufacture, distribution, sale, and use of alcoholic beverages… Read More
2024-02-05 14:38
Several previous actions and decisions of Mr. Jim Obazee, the Special Investigator appointed by President Bola Ahmed Tinubu to probe activities of the Central Bank…
Several previou… Read More
2024-02-05 14:30
Following the approval of the unaudited financial statements of Cadbury Nigeria Plc by the Board of Directors, the Company has announced an operating profit of N8,397billion for the full yea… Read More
2024-02-05 14:28
Against the backdrop of the incessant cases of crude oil theft in the country’s coastal areas, maritime security experts have called on8 to establish the Nigerian Coast Guard Corps to… Read More
2024-02-04 09:34
The Federal Government has unveiled new areas of technology deployment for better efficiency across different sectors in the country.The Minister of Communications, Innovation, and Digital E… Read More
2024-02-04 09:32
The Norwegian Ambassador to Nigeria, Svein Baera, has said there is a need for Nigeria and Norway to strengthen their partnership in order to boost energy production.Baera said this in Lagos… Read More
2024-02-04 09:30
The Economic and Financial Crimes Commission has recovered over N30bn from the N37,170, 855,753.44 allegedly laundered in the Ministry of Humanitarian Affairs under the former minister… Read More
2024-02-03 18:25
Sony bans activation of its games on Steam for users from Russia and Belarus
Russian and Belarusian Steam accounts can no longer activate games developed by Sony.
The Russian game stor… Read More
2024-02-03 14:17
Nigeria’s Super Eagles Friday booked their semi final place in the 34th Africa Cup of Nations with a 1-0 defeat of Angola in Abidjan, Cote d’Ivoire.Ademola Lookman finished a Mos… Read More
2024-02-03 14:04
Promoting non-oil export remains the surest way to diversify the Nigerian economy so as to overcome the shocks associated with crude oil.However, operators in the business must ensure that t… Read More
2024-02-03 13:52
Justice Chukwujekwu Aneke of the Federal High Court sitting in Ikoyi, Lagos on Thursday convicted and sentenced one Oluwadarasimi Omoseyin, an actress, to six months imprisonment for sprayin… Read More
2024-02-03 13:47
The representative of the Chinese Ambassador to Nigeria and the Consul General of the People’s Republic of China, Yan Yuqing, has said the bilateral trade between Nigeria and China sto… Read More
2024-02-02 07:20
EDIB International Limited of Hong Kong has expressed willingness to finance the $27.29 billion needed to develop the Escravos Seaport Industrial Complex (ESIC) project in Delta State.The pr… Read More
2024-02-02 07:16
Alert Microfinance Bank has marked its 10th anniversary with the launch of a new logo.In a statement recently, the Chief Executive Officer, Alert MFB, Mr Raji Saheed, reminisced about the hu… Read More
2024-02-02 07:14
The 2023 presidential candidate of the Peoples Democratic Party, Atiku Abubakar, has said the Federal Government’s directive to the Central Bank of Nigeria to take over the responsibil… Read More
2024-02-02 07:12
The management of the Eko Club has organised a prayer session to commemorate the club’s 50th anniversary.A statement made available to Hotline Magazines by the club’s presid… Read More
2024-02-02 07:10
The 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 Rep… Read More
2024-02-02 07:08
The Federal Government, on Thursday, warned states and local governments to steer clear of the collection of royalties and taxes from licensed miners operating in their domains.The Minister… Read More
2024-02-01 18:08
LAGOS – Abuja Electricity Distribution Company, AEDC, says that its recent changes to its leadership is meant to “realign” the company for proper positioning.&nb&hell…Read More
2024-02-01 18:06
Zenith Bank, joined hands with Ibom Air and Airbus to mark the successful closure of commercial financing for Ibom Air’s inaugural A220 aircraft, received in November 2023… Read More
2024-02-01 18:04
Fear has gripped residents of Afaha Ube and other adjoining areas of Ikot Ekpene Road in Itam local government area of Akwa Ibom State following the gruesome murder of a senior Police office… Read More
2024-02-01 18:01
The United States Department of Defense has confirmed a significant arms sale to Nigeria, involving 12 AH-1Z Viper attack helicopters, to bolster the West African nation’s military cap… Read More
2024-02-01 12:17
The high rate of insecurity in Abuja has continued, the latest being the attack on a house situated 200 metres close to a military base…
The high rate of insecurity in Abuja has co… Read More
2024-02-01 12:12
From the ruins and pangs of insurgency, Yobe State is fast pacing up to catch up with the rest of the world in giving quality education to its children. Adopting a non-kinetic approach, Gove… Read More
2024-02-01 12:08
Burkina Faso, Mali, and Niger Republic are set to be cut off from the $702bn strong Economic Community of West African States economy following their planned exits.This potential exit could… Read More
2024-02-01 12:06
Aliko Dangote University of Science and Technology, Wudil, Kano State, has introduced skills acquisition as part of measures to make students become self-reliant.The Vice Chancellor of the u… Read More
2024-02-01 12:05
Many people were reportedly burnt beyond recognition after a tanker suspected to be used by oil bunkerers exploded in the forest of Obitti, Ohaji/Egbema Local Government Area of Imo State… Read More
2024-01-31 17:22
The court found Russia guilty of violating the Terrorist Financing Convention under one of its articles, Article 9. The Court stated that Russia had failed to fulfill its obligations to inve… Read More
2024-01-31 13:06
IHS Nigeria, a telecommunications infrastructure provider in Africa has completed the deployment of over 10,000 kilometers of fiber optic cables across Nigeria’s 36 states and the Fede… Read More
2024-01-31 13:03
The trio of Victor Osimhen, Moses Simon, and William Troost-Ekong passed the Confederation of African Football (CAF) random anti-doping tests, and are now cleared t… Read More
2024-01-31 12:59
The Nigerian National Petroleum Company Limited has held talks with a South Korean consortium led by Daewoo E & C on the development of gas projects in Nigeria.
NNPCL said in a statem… Read More
2024-01-31 12:57
The Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, has revealed that the anti-graft agency uncovered how a religious sect in Nigeria is laundering money for terrori… Read More
2024-01-30 06:57
The Minister of Aviation and Aerospace Development, Festus Keyamo, SAN, over the weekend, said the multi billion naira Export Packaging and Processing Centre, built by the Nigerian Aviation… Read More
2024-01-30 06:50
Microsoft’s leadership, barely six months following the last round of layoffs, is preparing to lay off approximately eight percent of its workforce, totaling over 22,000 employees, in… Read More
2024-01-30 06:48
The International Energy Agency (IEA) has said that while electricity use per capita in India and Southeast Asia is rapidly rising, it has been effectively stagnant in Africa for more than t… Read More
2024-01-30 05:36
EDIB International Limited of Hong Kong has expressed willingness to inject $27.29 billion to finance the development of the Escravos Seaport Industrial Complex (ESIC) project…
EDI… Read More
2024-01-30 05:34
The Central Bank of Nigeria (CBN) has committed $500 million into the forex market. Hakama Sidi-Ali, Acting Director of the Corporate Communications Department at the…
The Central… Read More
2024-01-30 05:31
The United States Secretary of State, Antony Blinken, has commended the African Development Bank Group for the exceptional efforts it is undertaking to help Africa feed itself and the rest o… Read More
2024-01-30 05:24
The International Monetary Fund (IMF) has asked low income countries with significant debt repayments falling due in the next two years to refinance about $60 billion of external debts yearl… Read More
2024-01-30 05:22
The West African Examinations Council (WAEC) has said 8,285 candidates from across the federation have registered for the Computer-Based West African Senior School Certificate Exam… Read More
2024-01-30 05:18
At least 1,500 members of staff of the Central Bank of Nigeria will on Friday resume at its Lagos office following their redeployment from the headquarters, A source at the apex bank to… Read More
2024-01-29 18:42
Non-interest banking services provider, TAJBank Limited, has collaborated with the Nigerian Postal Service on a new public-private partnership initiative on branch expansion.In a statement f… Read More
2024-01-29 18:40
The Director-General of the Nigeria Employers’ Consultative Association, Adewale-Smatt Oyerinde, has advised the Federal Government to reinvest subsidy removal gains in infrastructure… Read More
2024-01-29 18:36
Access Pensions Limited, a subsidiary of Access Holdings, has acquired a majority stake in ARM Pensions Managers Limited.In a statement from Access Holdings on Saturday, the ‘no-object… Read More
2024-01-29 18:33
Owning a private jet in Nigeria isn’t just for convenience, but also a display of wealth and affluence as many Nigerians ranging from politicians, to artists and also pastors have been… Read More
2024-01-28 13:20
Leading investment immigration wealth management company, Optiva Capital Partners, has decried what it termed as “defamatory publication by NiDCOM on 23rd January 2024, published via y… Read More
2024-01-28 13:16
The Super Eagles have beaten the Indomitable Lions of Cameroon 2-0 to reach the Quarter finals of the ongoing AFCON.
Ademola Lookman scored a brace to secure the win for Nigeria… Read More
2024-01-28 13:14
The Federal Polytechnic Ado Ekiti Alumni Association has bemoaned the accommodation problem in public tertiary institutions, saying the situation is
taking a toll on various aspects of t… Read More
2024-01-28 13:12
The Presidential Amnesty Programme Cooperative Society Limited has commenced the disbursement of the second tranche of loans to ex-agitators in the Niger Delta.Speaking at the flag-off of th… Read More
2024-01-27 18:28
Chairman of Heirs Energies, Mr Tony Elumelu has restated the company’s commitment to focusing on Africa’s unique energy needs. Elumelu, who expressed his pride while reflecting o… Read More
2024-01-27 18:00
The Extractive Industries Transparency Initiative, the global body that pushes for transparency in the oil and mining sectors, on Friday, frowned at the old data being released by the Nigeri… Read More
2024-01-27 17:50
The Nigerian Aviation Handling Company PLC on Friday launched its Export Packaging and Processing Centre in Lagos.Speaking at the event, the Chairman of NAHCO’s Board of Director… Read More
2024-01-27 06:37
A report by Standard Chartered Bank has revealed that 81 per cent of Nigerian business leaders lauded the positive impact of open financial markets, stressing that the business leaders have… Read More
2024-01-27 06:35
Minister of Sports Development Senator John Owan Enoh has canvased for improved areas of cooperation and collaboration between Nigeria and Turkey in the areas of sports promotion and develop… Read More
2024-01-27 06:29
The President/Chief Executive of Dangote Industries Limited, Aliko Dangote, has said that his friend and billionaire businessman, Femi Otedola, is welcome to attempt a corporate takeover of… Read More
2024-01-26 16:21
The National grid may soon get a boost with the addition of 40 megawatts from the Kashimbilla hydropower plant which is expected to facilitate the development of small and medium enterprises… Read More
2024-01-26 16:18
In a bid to fast-track the process of achieving the Final Investment Decision (FID) on the Nigeria-Morocco Gas Pipeline, the Federal Government has intensified discussions with the Kingdom o… Read More
2024-01-26 16:15
A private jet has crash-landed at the Samuel Ladoke Akintola Airport, Ibadan, the Oyo State capital, on Friday.According to Channels TV report, the jet, which earlier left Abuja, crash-lande… Read More
2024-01-26 16:13
The federal government has revealed that it has initiated plans to improve the local production of syringes, needles and other medical equipment in the country…
The federal governm… Read More
2024-01-26 16:11
The Ikeja Sexual Offences and Domestic Violence Court, on Friday, sentenced Bishop of I Reign Christian Ministry, Lagos, Feyiropo Daniels, to life imprisonment for raping…
The Ikej… Read More
2024-01-26 06:51
A Baltimore County Circuit Court in the United States of America presided over by Theresa Adams, has slammed a record $50,000 damages on a US-based Nigerian blogger, Funke Ashekun, for defam… Read More
2024-01-26 06:45
Heritage Energy Operational Services Limited and its Joint Venture Partners in OML 30 – NNPC Exploration and Production Limited and Shoreline Natural Resources Limited – have pre… Read More
2024-01-26 06:42
Foreign exchange expenses eroded the operating profit of Guinness Nigeria Plc for the year ended December 2023, resulting in N5.233bn loss.This was contained in the unaudited interim financi… Read More
2024-01-26 06:39
The Nigeria Police Force on Thursday said it had arrested a son and adopted daughter of Mr. John Okafor, popularly known as Mr. Ibu, for allegedly stealing the ailing actor’s N50m bein… Read More
2024-01-25 11:58
The management of the National Open University of Nigeria (NOUN), has called on the general public to disregard social media rumours of a purported recruitment exercise and supply contract a… Read More
2024-01-25 11:56
Chairman, Zinox Technologies Limited, Leo Stan Ekeh, has called on President Bola Ahmed Tinubu to aggressively pursue policies that will promote patronage of indigenous manufacturers and ser… Read More
2024-01-25 11:53
The Nigeria Export Processing Zones Authority (NEPZA) and the Cross River State Government have agreed to work out a realistic modality to revive the moribund Tinapa Free Trade Zone (FTZ) ow… Read More
2024-01-25 11:50
Chairman, SIFAX Group and the newly-appointed Chancellor of the Gerar University of Medical Sciences, Imope-Ijebu, Ogun State, Dr. Taiwo Afolabi has commended the university for the quality… Read More
2024-01-25 11:48
The Nigerian Maritime Administration and Safety Agency (NIMASA) said within the next six months, the agency will resolve the delay in the disbursement of the Cabotage Vessel Financ… Read More
2024-01-25 11:44
The Minister of Industry, Trade, and Investment, Doris Uzoka-Anite, has revealed that Indian investors were prepared to inject $14bn into Nigeria’s economy.In a statement on Wednesday… Read More
2024-01-25 05:49
•Huge cash in circulation causing naira depreciation, says IMF
The Nigeria National Petroleum Corporation Limited and the Ministry of Finance have agreed to remit all their… Read More
2024-01-25 05:45
Shipowners have partnered with the Nigerian National Petroluem Corporation Limited to boost ship acquisition in the country.This was contained in a statement on Tuesday after a meeting betwe… Read More
2024-01-25 05:38
Licensed customs agents have called on the Federal Government to urgently disburse the Cabotage Vessels Financing Funds to enable indigenous shipowners to acquire more vessels.
The founde… Read More
2024-01-25 05:35
The nationwide power supply shortage in Nigeria is due to a lack of gas, hotline magazines has learnt.Our correspondent gathered that the various gas-fired grids in the country wer… Read More
2024-01-24 18:11
King Mohammed VI has extended an invitation to Nigerian President, Bola Ahmed Tinubu to visit Morocco.The monarch extended the invitation during a phone call with the Nigerian President yest… Read More
2024-01-24 18:08
In a bid to counter the illicit trade of alcoholic goods and products received by diplomatic missions, Saudi Arabia will open its first alcohol store.The alcohol store will be located in Riy… Read More
2024-01-24 18:05
Investors in Nigeria’s equities market traded stocks worth N3.58trillion in year 2023, a remarkable 54.3 percent increase from N2.32trillion in 2022. The highest traded was done in Jul… Read More
2024-01-24 18:00
A former President of the Ijaw Youth Council, IYC, Worldwide, Udengs Eradiri, has appealed to President Bola Tinubu to order the relocation of critical oil-related agencies to the Niger Delt… Read More
2024-01-24 17:57
A federal high court in Lagos has dismissed a suit filed by Femi Falana, human rights lawyer and senior advocate of Nigeria (SAN), challenging the sale of Polaris Bank.According to NAN… Read More
2024-01-24 17:34
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) says the Shell Petroleum Development Company of Nigeria (SPDC) must address all issues affecting its employees b… Read More
2024-01-24 10:58
Axxela Limited, a private sector developer of natural gas distribution pipelines in Nigeria, has joined the United Nations Global Compact initiative, a voluntary leadership platform for the… Read More
2024-01-24 10:56
The Federal Government through the Bureau of Public Enterprises is currently carrying out transactions for the sale of five power plants under the National Integrated Power Projects at a cos… Read More
2024-01-24 10:48
The Extractive Industries Transparency Initiative, a global transparency body, on Tuesday, charged the Nigerian National Petroleum Company Limited to provide further details on its 20 per ce… Read More
2024-01-24 10:44
The Federal Government on Tuesday asked for the support of the United States on its membership in the G20 and a seat on the United Nations Security Council.President Bola Tinubu made t… Read More
2024-01-24 10:38
United States Secretary of State Antony Blinken on Tuesday said the US would provide an additional $45m to West African nations as part of a plan to battle instability, bringing total fundin… Read More
2024-01-23 16:47
The federal government and the Nigerian Agro Input Dealers Association (NAIDA) have agreed to enforce strict compliance of sales and distribution of certified and approved inputs in the coun… Read More
2024-01-23 16:42
Despite the many pledges by the Nigerian authorities to meet the Organisation of Petroleum Exporting Countries (OPEC) production quota in 2023, the country failed do so, although it made app… Read More
2024-01-23 16:39
Chairman of Gas Nigerian Initiative (GNI) Opeyemi Olabanji has decried yet-to-be-implemented presidential directive on imported gas and other productsHe therefore urged the Federal Gove… Read More
2024-01-23 16:36
NATO on Tuesday, signed contracts worth $1.2 billion to acquire over 200,000 155-millimetre artillery shells in the face of Russia’s invasion of Ukraine.Members of the Western military… Read More
2024-01-23 06:49
(Reuters) -Tencent Holdings’ Riot Games plans to lay off 530 employees, or about 11% of its staff globally, the online gaming company said on Monday in a blog that included a letter to… Read More
2024-01-23 06:37
By Josh YeHONG KONG (Reuters) – China’s gaming regulator has removed from its website rules it proposed last month aimed at curbing spending and rewards that encourage playing vi… Read More
2024-01-23 06:28
A disgraced police officer who admitted assault by beating and criminal damage left her force before she could be sacked.Kia Pulford Stone, who was a police constable based in Merseyside, wa… Read More
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