3262 Search Results Found For: "nigeria"

German President Frank-Walter Steinmeier will arrive in Nigeria on Tuesday for a three-day official visit. A statement by the German embassy in Abuja said Steinmeier will be in Nigeria from Tuesday to Thursday. While in Abuja, he is expected to meet with key Nigerian leaders, including President Bola Tinubu and Alieu Touray, president of the […]

Nigeria had a successful return to the international bond market after a two-year hiatus, with subscription four times the intended offer of $1.7 billion. After a long wait all year, the Federal Republic of Nigeria issued a dual-tranche Eurobond offering under its Global Medium Term Note Programme to finance the country’s 2024 fiscal deficit on […]

Swiss cement maker Holcim will exit its Nigerian business by selling its almost 84% stake in Lafarge Africa to China’s Huaxin Cement in a $1 billion deal, it said on Sunday. The deal aligns with Holcim’s strategy to streamline its portfolio and focus on high-growth regions, including the coming spin-off of its North American business, […]

Simon Ekpa, the self-proclaimed leader of the Indigenous People of Biafra (IPOB), has been arrested in Finland alongside four others on suspicion of terrorist activities, including inciting crimes with terrorist intent and financing terrorism. He was arrested on 21 November. Ekpa, a dual citizen of Nigeria and Finland, has been accused of using his social […]

Starlink has suspended orders for its residential kits across Nigeria with a note that the suspension would be lifted after securing approval from the Nigerian Communications Commission (NCC) for its recently announced price increment. The company, however, allows orders for its high-end Business Plan – ₦159,000 for a monthly subscription compared with the Residential Plan […]

The NNPC Gas Marketing Limited (NGML) has signed a gas supply deal with the Dangote Petroleum Refinery and Petrochemicals FZE. The agreement was signed by Justin Ezeala, the managing director of NGML, and Aliko Dangote, the president and CEO of the Dangote Group. The signed gas sale and purchase agreement outlines the supply of natural […]

Nigeria’s Defence Headquarters (DHQ) has officially confirmed the rise of a new terrorist group named “Lukarawas,” which is heightening insecurity across the Northwest region. Major General Edward Buba, the Director of Defence Media Operations, revealed this development on Thursday during a military briefing, stating that the Lukarawas group emerged from the Republic of Niger following […]

Nigeria’s Chief of Army Staff, Taoreed Lagbaja, is dead. Mr Lagbaja, a lieutenant general, died in Lagos after a brief illness, presidential spokesman Bayo Onanuga said on Wednesday morning. “He passed away on Tuesday night in Lagos after a period of illness.” He was rumoured dead two weeks ago but the Defence Headquarters debunked the […]