Tony Elumelu Reveals TransCorp’s N4.5 Trillion Market Value, Urges Action on Power Issues
The market value of Transnational Corporation Plc (Transcorp Group) has reached a significant milestone, now valued at N4.5 trillion (approximately…
Ogun State to Launch $150 Million Aluminium and Copper Recycling Plant
Ogun State has officially announced the launch of a private aluminium and copper recycling plant by Neveah Ltd, located in…
Nigeria Eyes Onion Processing Breakthrough with BoI-RMRDC Partnership
The Bank of Industry (BoI) and the Raw Materials Research and Development Council (RMRDC) have formed a strategic alliance aimed…
Nvidia Founder Jensen Huang Nets $6.6B in a Day Amid Tariff-Turmoil
Jensen Huang, the billionaire founder and CEO of the semiconductor company Nvidia, saw his wealth rise by a staggering $6.6…
Presco Plc Sees 128.7% Profit Surge, Announces N42 Final Dividend for 2024
Presco Plc has reported an impressive pre-tax profit of N113.2 billion for the year ended 31 December 2024, marking a…
Afreximbank Commits $3 Billion to Strengthen Intra-Africa Oil Trade and Refining Capacity
The African Export–Import Bank (Afreximbank) has pledged a significant $3 billion investment aimed at stimulating intra-Africa trade in refined oil…
Tesla CEO Caught in Trade Crossfire as Fortune Sinks Under $300 Billion
Elon Musk’s net worth has slipped below the $300 billion mark for the first time since late 2024, as global…
Plateau and NRC Partner to Revive Jos–Kuru Railway Corridor
The Nigerian Railway Corporation (NRC) has entered into a formal agreement with the Plateau State Government to restore and resume…
Nigeria Set to Receive First Shipment of Over 3 Million Meters in April
The Federal Government of Nigeria has announced that the country will receive the first shipment of 3.205 million electricity meters…
Libya Opens Oil Bidding Round for First Time in 17 Years
Libya has opened its doors to foreign investors with the launch of its first oil exploration and development bidding round…