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Swiss building materials giant Holcim is set to exit the Nigerian market after agreeing to sell its 83.81% stake in Lafarge Africa Plc to China's Huaxin Cement Ltd. for $1 billion. In a statement on Sunday, Holcim announced, “The…

The Central Bank of Nigeria (CBN) has issued a stern warning to banks over the persistent cash scarcity at automated teller machines (ATMs), vowing to impose severe penalties on institutions that fail to address the issue. CBN Governor…

The Port Harcourt Refining Company (PHRC) has reportedly ceased crude oil processing only three days after the Nigerian National Petroleum Company Limited (NNPCL) announced the refinery’s resumption. During a visit to the refinery on…

A Federal High Court in Lagos has dismissed a fundamental rights lawsuit filed by Okuneye Idris Olanrewaju, popularly known as Bobrisky, against the Economic and Financial Crimes Commission (EFCC). Bobrisky had sought ₦200 million in…

The Nigerian National Petroleum Company Limited (NNPCL) has reduced the price of Premium Motor Spirit (PMS) from ₦1,045 per litre to ₦1,030 per litre, according to the Petroleum Products Retail Outlet Owners Association of Nigeria…

The Federal Government’s electricity subsidy has skyrocketed by 269%, climbing from ₦650 billion in 2023 to an estimated ₦2.4 trillion in 2024. This dramatic increase comes despite efforts to reduce subsidy obligations through the Band A…

On Friday, November 29, crypto entrepreneur Justin Sun made headlines in Hong Kong by eating a banana taped to a wall—an artwork he purchased for $6.2 million. Sun, 34, devoured the fruit in front of reporters, calling it an “iconic”…

A fire outbreak struck the Radio Nigeria office in Ikoyi, Lagos, on Wednesday, November 27, engulfing the studio section of the one-story building around 5:30 p.m. The Lagos State Traffic Management Authority (LASTMA) confirmed the…

Meta CEO Mark Zuckerberg met with former U.S. President Donald Trump on Wednesday at Trump’s Mar-a-Lago resort in Palm Beach, Florida. The meeting marks another sign of Zuckerberg’s apparent outreach to the president-elect ahead of Trump’s…

Sean "Diddy" Combs, the 55-year-old former hip-hop mogul, has been denied bail for a third time as he awaits his May 2025 trial on charges of racketeering, s3x trafficking, and transportation for pr0stitution—allegations he vehemently…