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News - Page 886

UBA Wins ₦156 Billion Debt Recovery Ruling Against Stallion Group

October 17, 2026

A Federal High Court in Lagos has ruled in favour of United Bank for Africa (UBA) Plc in its ₦156. 03 billion debt recovery dispute with Stallion Group and the Vaswani brothers,

News·Nigeria·Oil & Gas

Renaissance Taps 13 Banks for $4.1 Billion Nigerian Oil Contractor Funding

October 16, 2026

Renaissance Africa Energy has secured financing commitments from 13 banks for a $4.1 billion dollar-denominated portfolio and a separate ₦435 billion facility to support indigenous oil and gas contractors as the company

Naira Ends Week With N30 Gain In Black Market: Hope For Naira?

Business News·Currency·News

Exchange Rate Closes Year At Historic Low Of N907/$1 In Official Market

Nigerian Naira closed the year at an unprecedented exchange rate of N907.11 per dollar at the official market, signifying a 26.8% depreciation since June 14th, amid a tumultuous year for Africa's largest economy.

December 31, 2023

NUPRC Mandates Oil Licence Holders To Pay $5,000 For Extension

News·Oil & Gas

Oil Production: NUPRC Mandates Allocation Of 483,000 bpd To Local Refineries In 2024

NUPRC has mandated oil producers to allocate not less than 483,000 barrels per day (bpd) of crude oil to domestic refineries for the initial half of 2024.

December 31, 2023

Chain Reactions Africa, emerged winners of a quintuplet of awards at the recently held Lagos Public Relations Industry Gala & Awards (LaPRIGA) 2023.

News

Chain Reactions Africa Wins Multiple Industry Awards In 2023

Chain Reactions Africa, emerged winners of a quintuplet of awards at the recently held Lagos Public Relations Industry Gala & Awards (LaPRIGA) 2023.

December 31, 2023

Anti-Govt Protest: Lawmakers plead For Patience, Accept 50% Salary Cut

Business News·News·Politics

Tinubu Seeks House Of Reps’ Approval For Securitization Of N7.388trn Debit Balance In CRF

President Bola Tinubu has urged the House of Representatives to approve the securitization of the outstanding debit balance of 7.388 trillion Naira in the Consolidated Revenue Fund (CRF). This initiative, outlined in a letter read by Speaker Tajudeen Abbas, aims to address

December 31, 2023

News·Sports

Chelsea’s Madueke, Palmer’s Performances Against Luton Please Pochettino

Chelsea manager Mauricio Pochettino hopes that England U-21 international of Nigerian descent, Noni Madueke will have more excellent performances for Chelsea after his goal against Luton Town on Saturday evening in the 3-2 win in the club's last Premier League game of

December 31, 2023

Africa·Politics

DR Congo: Election Irregularities Cast Shadow On Tshisekedi’s Victory As Opposition Calls For Annulment

The Democratic Republic of Congo finds itself in the middle of a political tension as incumbent president, Felix Tshisekedi has been declared winner of the December 20 polls in the country amid calls for annulment of the polls by opposition candidates who

December 31, 2023

Top Two Billionaires, Bernard Arnault, Elon Musk, Lose $7.8 billion, As Wealth Drops

World News

Elon Musk Closes Year With $92bn Earnings, Leads World Richest Billionaires

Elon Musk’s meteoric rise to a $92 billion year-to-date earnings in 2023 not only marks a personal comeback but symbolizes the resurgence of the world’s wealthiest. Amid global economic uncertainties, Musk’s wealth surge echoes the tech industry’s astonishing 48% growth among billionaires,

December 30, 2023

Just In: Gov Sanwo-Olu Presents N2.246trn Budget

News

Yuletide: Sanwo-Olu Frees 246 Inmates, Alters Fate Of 39, In Push For Justice Reform

Ahead of the New Year Celebrations, Governor Babajide Sanwo-Olu has authorized the release of 246 inmates from various correctional facilities in Lagos State. This decision, made under the constitutional provisions, marks a stride in the governor’s commitment to justice sector reforms and

December 30, 2023

Tinubu Appoints Officials Of NCC, NIGCOMSAT, Others

Business News·News

Nigerian Govt Grants 3-year Tax Waiver To 34 Companies Amid Dwindling Revenue

Despite the raging debate over the high amount of revenue lost to waivers granted to corporate entities annually, the Nigerian government approved tax holidays for 34 companies seeking tax incentives and waivers under the Industrial Development Income Tax Act in 2023. Companies

December 30, 2023

News·Sports

EPL: Luton Stars With Nigerian Descent Shine As Chelsea Edges Five-goal Thriller

Chelsea may still be in 10th place on the Premier League table but they have a good reason for optimism as they clinched their consecutive win within few days after Saturday's nervous 3-2 win over a defiant Luton Town

December 30, 2023

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China, North Korea Open Long-Delayed Bridge to Facilitate Trade

China and North Korea opened a long-delayed border bridge on

Worries As Oil Price Crash, Low Production Threaten Nigeria’s 2025 Budget

Iran Conflict Pushes South African Fuel Prices Sharply Higher

South Africa will raise petrol prices by more than 11%

India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

India and New Zealand’s free trade agreement (FTA) will take

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has

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News - Page 886

UBA Wins ₦156 Billion Debt Recovery Ruling Against Stallion Group

Renaissance Taps 13 Banks for $4.1 Billion Nigerian Oil Contractor Funding

Exchange Rate Closes Year At Historic Low Of N907/$1 In Official Market

Oil Production: NUPRC Mandates Allocation Of 483,000 bpd To Local Refineries In 2024

Chain Reactions Africa Wins Multiple Industry Awards In 2023

Tinubu Seeks House Of Reps’ Approval For Securitization Of N7.388trn Debit Balance In CRF

Chelsea’s Madueke, Palmer’s Performances Against Luton Please Pochettino

DR Congo: Election Irregularities Cast Shadow On Tshisekedi’s Victory As Opposition Calls For Annulment

Elon Musk Closes Year With $92bn Earnings, Leads World Richest Billionaires

Yuletide: Sanwo-Olu Frees 246 Inmates, Alters Fate Of 39, In Push For Justice Reform

Nigerian Govt Grants 3-year Tax Waiver To 34 Companies Amid Dwindling Revenue

EPL: Luton Stars With Nigerian Descent Shine As Chelsea Edges Five-goal Thriller

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U.S. Consulate Hits Roof Milestone at $537m Eko Atlantic Complex, Injects $95m into Nigerian Economy

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UBA Wins ₦156 Billion Debt Recovery Ruling Against Stallion Group

Renaissance Taps 13 Banks for $4.1 Billion Nigerian Oil Contractor Funding

Kenya Bolsters Lamu Security as Dangote Refinery Project Advances

President Tinubu and the Low Transport Fares Fiasco

China, North Korea Open Long-Delayed Bridge to Facilitate Trade

Iran Conflict Pushes South African Fuel Prices Sharply Higher

India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

UBA Wins ₦156 Billion Debt Recovery Ruling Against Stallion Group

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News - Page 886

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