Tag: Business News

FG’s $5 Billion Oil-Backed Loan from Aramco Stalled by Falling Oil Prices and Production Woes

The Federal Government’s proposed $5 billion oil-backed loan from Saudi oil giant Aramco has been significantly delayed, as declining oil prices and underwhelming domestic...

Lease Controversy Rocks Rivers Port Terminal Concession

A growing controversy has engulfed the concession of Terminal B at the Rivers Port in Port Harcourt, as federal lawmakers and regulators intensify investigations...

Nigeria to Host Inaugural International Civil Service Conference, Aiming to Drive Public Sector Innovation

Nigeria is set to host the maiden edition of the International Civil Service Conference from June 25 to 27, 2025, in Abuja, in what...

ECOWAS Delegation Departs Guinea-Bissau Amidst Expulsion Threat

A delegation from the Economic Community of West African States (ECOWAS) has departed Guinea-Bissau, cutting short its mission following a direct threat of expulsion...

Art@Africa: A Visionary Space Redefining African Art for the Future

At Cape Town’s buzzing V&A Waterfront, Art@Africa stands as a bold expression of Africa’s creative future. More than a gallery, it is a platform...

Oando Plc Reports Robust FY 2024 Results, Reaffirming Leadership in Nigeria’s Energy Sector

Oando Plc has released its full-year 2024 financial results, showcasing a strong rebound in earnings and operational performance that signals renewed confidence in Nigeria’s...

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