News and Report

London court fines Nigeria LNG $380m over breach of contract

A London court has ruled that Nigeria LNG Limited must pay $380 million to global commodity traders Vitol and Glencore…

NNPP crisis deepens as national leadership dismisses suspension of senator, others

The National leadership of the New Nigeria People’s Party has described the purported suspension of the party’s senator and three…

Parallex Bank MD, Olufemi Bakre, Gets Tenure Extension

In recognition of his outstanding performance in steering the bank’s affairs since its inception as a commercial bank, the board…

Court freezes bank accounts over ₦5.7 billion Keystone Bank transfer glitch

A Nigerian court has frozen multiple bank accounts after a Keystone Bank system malfunction artificially inflated account balances, allowing unauthorized…

Nigeria’s GDP Increased By 3.84% In Q4 2024 – NBS

  Nigeria’s annual Gross Domestic Product (GDP) rate grew by 3.84 percent in the fourth quarter (Q4) of 2024, the…

Nigerian-American Chamber of Commerce To Inaugurate 20th President & Executive Council, Unveils Bold Economic Agenda

The Nigerian-American Chamber of Commerce (NACC) has announced April 12, 2025, as the date for the Presidential Inauguration Dinner &…