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Union Pacific to Buy Norfolk Southern for $85 Billion

Union Pacific, a railroad giant based in Omaha, Nebraska, has announced its intentions to buy its smaller rival, Norfolk Southern, in a deal worth...

Marketers Undercut Dangote as Petrol Prices Drop Nationwide

A fresh price war has erupted in Nigeria’s petroleum sector, as private fuel importers have slashed pump prices below the cost offered by the...

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Union Pacific to Buy Norfolk Southern for $85 Billion

Union Pacific, a railroad giant based in Omaha, Nebraska, has announced its intentions to buy its smaller rival, Norfolk Southern, in a deal worth...

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Union Pacific to Buy Norfolk Southern for $85 Billion

Union Pacific, a railroad giant based in Omaha, Nebraska, has announced its intentions to buy its smaller rival, Norfolk Southern, in a deal worth...

Power Debt Soars: Nigerians Owe DisCos N70bn in One Month

Electricity consumers in Nigeria failed to remit over N70 billion to power distribution companies (DisCos) in May 2025, raising serious concerns over the financial...

Marketers Undercut Dangote as Petrol Prices Drop Nationwide

A fresh price war has erupted in Nigeria’s petroleum sector, as private fuel importers have slashed pump prices below the cost offered by the...
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IBEDC urged to boost power in Ogun communities

The Ogun State House of Assembly has formally called on the Ibadan Electricity Distribution Company (IBEDC) to accelerate the restoration of electricity in several...

Shafa Energy to Launch CNG Station in Abuja

Shafa Energy, a subsidiary of AYM Shafa Holdings Limited, has announced the official launch of its first Compressed Natural Gas (CNG) refuelling station in...

Reps Propose MOFI Act Overhaul

The House of Representatives has moved to overhaul the Ministry of Finance Incorporated (MOFI) Act as part of efforts to modernise Nigeria’s financial legal...

Lagos Speeds Up Shift to Clean Transport with CNG Initiative

The Lagos State Government, through its strategic energy implementation arm, the IBILE Oil and Gas Corporation (IOGC), has unveiled significant progress in its Clean...

US Consumer Confidence Rises Amid Trade Truce with China

The United States economy received a welcome boost in May 2025, as consumer confidence surged following a temporary trade truce between Washington and Beijing....

NFIU Probes ₦48bn Transfers to Dubai, Hong Kong

The Nigerian Financial Intelligence Unit (NFIU) has launched a sweeping investigation into over ₦48 billion worth of suspicious financial transactions funneled from Nigeria to...

Fresh $24bn Borrowing Set to Push Nigeria’s Debt to N183tn

Nigeria’s public debt is poised for another historic leap as President Bola Tinubu seeks National Assembly approval to borrow an additional $24.14 billion in...

FG Reaffirms Commitment to Nigeria-China Partnership

Federal Government Reaffirms Commitment to Nigeria-China Partnership to Accelerate Industrialisation and Economic Transformation The Federal Government of Nigeria has reaffirmed its unwavering commitment to strengthening...

Nigeria Customs, FMITI Launch Air Cargo Route

The Nigerian Customs Service (NCS), in collaboration with the Federal Ministry of Industry, Trade and Investment, has officially inaugurated the first-ever Nigeria–East/Southern Africa Air...

Nigerian Breweries Plc Appoints new Director

Nigerian Breweries Plc Appoints Sarah Agha as Marketing Director to Drive Strategic Growth Nigerian Breweries Plc, the foremost brewing company in Nigeria and a member...

FCTA Seals Access Bank, Total Petrol Station for Unpaid Ground Rent

The Federal Capital Territory Administration (FCTA) has taken decisive action by sealing an Access Bank branch and a Total petrol station in Wuse, Abuja,...

Experts Call on FG to Accelerate CNG Rollout in Northern Nigeria

The federal government of Nigeria has been strongly advised to intensify efforts in expanding the Compressed Natural Gas (CNG) initiative in northern Nigeria, following...