Business Oil & Gas Top Story

Three oil firms, Nigeria’s NNPC in talks to buy stake in Dangote refinery

In picture above: A worker walks past storage tanks at Dangote oil refinery in Ibeju Lekki district, on the outskirts of Lagos, Nigeria August 7, 2019. Picture taken August 7, 2019. REUTERS/Temilade Adelaja Four oil firms including Nigeria’s state-oil company have approached Dangote Industries to acquire a stake in Africa’s largest oil refinery, a senior Read More…

Banking Business World

Credit Suisse scandals prompt Switzerland to think unthinkable: punish bankers

Exasperation with Credit Suisse following a string of scandals is prompting Switzerland to rethink a system in which top bankers have been largely untouchable. Credit Suisse’s heavy losses from the collapse of family office Archegos and the decimation of billions of client investments backed by insolvent British financier Greensill have angered regulators and triggered a Read More…

Business Consumer

Commission engages supermarket operators on fake, substandard products

The Federal Competition and Consumer Protection Commission (FCCPC) has engaged supermarket operators in the six geo-political zones with a view to ensuring effective consumer protection. The Commission also decried the influx of fake and substandard consumables products at supermarkets especially in the wake of the COVID-19 pandemic. The Executive Vice Chairman of the Commission, Mr Read More…

Nigeria Top Story

Buhari appoints Farouk Yahaya new army chief

Nigeria’s president, Muhammadu Buhari, has appointed a new army chief, the ministry of defence said in a statement on Thursday, following the death of the military head’s predecessor in a plane crash last week. President Buhari appointed Major General Farouk Yahaya who previously commanded troops operating in the northeast where security forces are fighting an Read More…

Metro Top Story

Lagos Govt. seeks safe, secure society for youth, residents

The Lagos State Government says the totality of its efforts in all areas of the state’s economy was geared toward ensuring a safe and secure society. Lagos State Governor, Mr Babajide Sanwo-Olu, said this on Thursday in Ikeja, while presenting his administration’s achievements in the past two years. The occasion was tagged: ”Sanwo-Olu: 731 Days Read More…

Metro Top Story

Sanwo-Olu commissions new bus terminal at Mafoluku to improve intra-city transport

Station to Serve Airport Passengers, Commuters in Surrounding Cities Lagos State Governor, Mr. Babajide Sanwo-Olu, on Wednesday, declared open the Mafoluku Bus Terminal fully built by the Lagos Metropolitan Area Transport Authority (LAMATA) in collaboration with the Federal Airports Authority of Nigeria (FAAN). The terminal is a gateway station that will serve Mafoluku, Oshodi, and Read More…

Top Story World

‘Find the virus!’

US President, Joe Biden triggers investigation of origin of COVID-19 including possible Chinese laboratory leakage President Joe Biden ordered aides to find answers to the origin of the virus that causes COVID-19, saying on Wednesday that U.S. intelligence agencies are pursuing rival theories potentially including the possibility of a laboratory accident in China. Intelligence agencies Read More…