Category: Business
Mr Eazi’s Locker Room Bonus Pays Lower-League Footballers Directly, Bypassing FAs
For years, delayed salaries and unfulfilled financial promises have remained an open secret in domestic Nigerian club football, particularly across lower-tier divisions. While elite teams occasionally capture headlines, players in grassroots leagues often navigate gruelling seasons without consistent remuneration. Addressing this structural deficit, music entrepreneur and investor Oluwatosin Ajibade, widely known as Mr Eazi, has…
NNPC, Zulum Push for Resumption of Oil Exploration in Borno
Borno State Governor, Professor Babagana Zulum, said he has secured a commitment from the Nigerian National Petroleum Company (NNPC) Limited to resume oil exploration activities in the state, even as he raised concerns over the delayed upgrade of the Maiduguri Emergency Power Plant. The commitment was made known on Wednesday when Governor Zulum received NNPC…
Kano Assembly Passes State Police Bill, Slashes Supplementary Budget By ₦266bn
The Assembly also approved the Kano State Supplementary Appropriation and Amendment Bill, 2026, reducing the proposed expenditure from ₦1.478 trillion to approximately ₦1.211 trillion. A section of police officers during the 2026 International Youth Day celebration held at the Katsina State Police Command Headquarters in Katsina with the theme, “Different Contexts: Common Aspirations”, on Thursday,…
FG Seals $100m-Plus Gas Pipeline Deal to Boost South-East Energy Supply
Gas Pipelines The Federal Government yesterday began its ambitious development of the South-East economy with the signing of an over-$100 million gas pipeline project in the region. President Bola Tinubu declared that the over 400-kilometre pipeline spanning from Ohaji in Imo State, through Anambra, Abia, Enugu and Ebonyi states is part of his administration’s efforts…
Lagos to Convene Global Investors at COP31, Advances US$25–50b Climate Investment Opportunity
Lagos State Governor, Babajide Sanwo-Olu and others ***Lagos Climate Investment Day on 13 November will connect more than 300 potential projects with investors, financial institutions, strategic partners The Lagos State Government will convene investors, financial institutions, development partners and private-sector leaders at Lagos Climate Investment Day & Cocktail Reception on 13 November during COP31 in…
Afreximbank Reports 24% Rise in Nine-Month Net Income to $813.5m
President and Chairman of the Board of Directors of African Export-Import Bank (Afreximbank), George Elombi African Export-Import Bank (Afreximbank) and its subsidiaries (the “Group”) have achieved a net income of $813.5 million in its nine months of operations. This represents a 24 per cent increase when compared to $654.3 million posted in the corresponding period…
PETAN Urges Indigenous Oil Firms To Invest In Training, Raise Output To 3m Barrels Daily
A graphic illustration of barrels of crude oil The Petroleum Technology Association of Nigeria (PETAN) has urged indigenous oil and gas companies to invest in training young Nigerians and strengthening technical capacity to support the country’s ambition of producing three million barrels of crude oil per day. PETAN Chairman, Wole Ogunsanya, made the call at…
Exhibition Highlights Economic Potential of Nigeria’s Creative Industry
O’DA Art Gallery Exhibition, titled ‘The Convergence: The Iconic Architect & the Icons of Art,’ organised by AD Consulting in partnership with Ecobank Nigeria at the Ecobank Pan African Centre (EPAC), Lagos, has brought together artists, architects, collectors, patrons and members of the public to celebrate Nigeria’s creative heritage and explore opportunities for collaboration. Speaking…
AfDB, UK Agency Sign Agreement to Boost Financing for Africa
AfDB African Development Bank Group (AfDB) and UK Export Finance (UKEF) have signed a memorandum of understanding (MoU) to expand co-financing opportunities and mobilise additional capital for strategic investments across Africa. The agreement aims to combine development finance and export credit to support infrastructure development, energy, trade, and other sectors critical to the continent’s economic…
UBA Secures Court Order Against Vitol, Four Others Over Alleged $242m Petroleum Products Diversion
• Commences contempt proceedings against WEMPCO directors A Lagos State High Court, last Thursday, granted interim preservative orders of Mareva Injunction against Vitol SA – a Switzerland based Energy Trading company, and four other shipping companies in favour of United Bank for Africa (UBA) Plc. The bank accused Vitol of wrongful release of cargoes of…
Latest News
Stay Connected
Categories
Africa African Asia Athletic Basketball Boxing Business Crime Crime watch Ebola Economy Education Ekiti 2026 Election Entertainment Environment Europe Feature Fifa world cup 2026 Football Government Heading Headline Health Home watch Local Middle East North American Osun election 2026 Political report Politics South America Sport Sports Tech Tech info Technology Tennis Top story U.S. Uncategorized UNGA Washington World cup World News
About the Author
Opeyemi Precious
Precious Opeyemi is an independent media entrepreneur, journalist, and the founder of Scoop Lounge. Driven by a commitment to credible, balanced, and high-impact journalism, she established the platform to deliver rapid-response news summaries across multiple global sectors. Read full
Search the Archives
Access over the years of investigative journalism and breaking reports
You May Have Missed
