Chappal Energies Mauritius Limited (Chappal) has agreed to sell its 5.14% equity interest to Aradel Holdings Plc. The energy company Chappal specialises in investing in deep value and brownfield upstream possibilities in Africa. Chappal stated on December 6, 2024, that it has acquired Equinor Nigeria Energy Company Limited (ENEC), which owns a 53.85% investment in … Read more

The Nigerian Air Force has published the names of candidates who have been shortlisted for the Zonal General Aptitude Test, which is a component of the Direct Short Service Commission (DSSC) 33/2024 Enlistment Exercise. In a statement released on Monday, the Director of Public Relations and Information for the NAF, Olusola Akinboyewa, confirmed that the … Read more

Donald Trump has been named Time’s “Person of the Year” for the second time, the magazine announced. Despite his frequent criticism of the media, Trump received the honor again, following Taylor Swift, who was last year’s recipient. Trump’s Political Rebirth The president-elect previously earned the esteemed title in 2016 after his first election victory. Time … Read more

The United States Consulate in Lagos spokesperson, Julie McKay, has said her country would continue to deepen the connection it has with Nigeria. Julie McKay said Nigeria’s creative industry has the potential to be the nation’s biggest export if well harnessed. She stated this on Thursday in an interview with News Central. McKay disclosed that … Read more

A Coalition of Civil Society Groups has lashed out at the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Corporation Limited (NNPCL), Mallam Mele Kyari, over the $2.9 billion released for rehabilitating the 3 local refineries in Nigeria. The Coalition’s spokesperson, Otunba Olaosebikan Aremu, asked why Kyari and others in the NNPCL have … Read more

Africa faces formidable challenges in trade and imports among member countries. Challenges such as tariffs, non-tariff restrictions, inadequate infrastructure, currency fluctuations, and Customs procedures pose significant barriers to cross-border businesses on the continent. Africa’s import/export challenges African leaders have taken various measures to address these challenges, such as the African Continental Free Trade Area (AfCTA), … Read more

A hardworking Nigerian lady has left social media users in awe with her incredible home transformation video. The captivating clip showcased her excellent renovation journey, transforming her abode into a breathtaking space. Lady transforms her house in viral video Amarachi Obianuo shared her creative process on TikTok, revealing the meticulous attention to detail that went … Read more

Nigerian banks have reported a whopping N42.33 billion in fraud losses in the first six months of 2024, with increases recorded in multiple channels. Data from the Financial Institutions Training Centre disclosed in its first and second quarter reports on Fraud and Forgeries that the losses revealed an alarming trend. Fraud cases in bank branches … Read more

Two days of violent clashes between farmers and cattle herders in Powushi and Kalindi villages in the Billiri local government area of Gombe state resulted in the death of two persons. According to residents in the affected communities, the attack has also led to the destruction of vital agricultural produce. A resident of the area, … Read more

Access Holdings Plc has announced that it has entered a binding agreement for the acquisition of South Africa’s Bidvest Bank. The deal was disclosed in a statement on the Nigerian Exchange (NGX) signed by Sunday Ekwochi, Access Holdings’ secretary. Access Bank is expected to complete the acquisition in the second half of 2025, pending approval … Read more