Jumia Records $20.2 million Operating Loss In Q2 2024 As Revenue Decline
Africa’s e-commerce group, Jumia, posted a $20.2 million operating loss in Q2 2024 amid a 17% decline in revenue. The Q2 loss, however, shows that […]
Business
Federal Lawmaker Defends Dangote, Accuses NNPCL, NMDPRA Of Sabotage
The Deputy Spokesman of the House of Representatives, Hon. (Dr) Philip Agese, has defended the Dangote Refinery and Petrochemicals Company against what he called false […]
Nigerian Police Arraign Two Students For Hacking MTN System, Stealing N1.9billion Airtime, Data
The Nigerian Police Special Fraud Unit in Ikoyi, Lagos State, has charged Timothy Fashina Oluwabukola and Anthony Imonina Odemerho with hacking MTN Nigeria’s computers and […]
EKEDC Completes Enterprise Upgrade, Resumes Vending Services
Lagos, Nigeria – August 1, 2024: The Eko Electricity Distribution Company (EKEDC) wishes to inform its esteemed customers of the successful completion of essential technical […]
‘Dangote Refinery Has No Operational Licence’ — NMDPRA
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says the Dangote refinery is still at the pre-commissioning stage and has not been licensed. Speaking […]
We paid Lagos govt $100 million for land to construct refinery: Dangote
The president and chief executive officer (CEO) of Dangote Group, Aliko Dangote, says the company paid $100 million to purchase land where his $20 billion […]
Nigerian Tweeps Demand Immediate Resignation Of NMDPRA Chief Executive, Farouk Ahmed Over Comments On Dangote Refinery
Nigerian netizens on X have demanded the resignation of Farouk Ahmed, the Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) over […]
How NNPC People Opened Plant In Faraway Malta, Bring In Poor Products With Fake Certificates — Dangote
Aliko Dangote, Nigerian billionaire businessman and industrialist has accused some people in the Nigerian National Petroleum Corporation (NNPC) of importing fake petrol products into the […]
EFCC Arraigns Forex Broker in Alleged N2bn Scam Case
The EFCC has arraigned Forex broker John Isip for charges related to a N2 billion investment scam. The Economic and Financial Crimes Commission, EFCC, has […]