Nigeria’s cocoa exports soar to ₦1.2trn
Nigeria’s cocoa exports surged to N1.2 trillion in the last quarter of 2024, a sharp rise from N171 billion in Q4 2023, according to the Senior Special Assistant to the…
In a bold move, 9mobile rebrands as T2
9mobile, Nigeria’s telecommunications company, has officially rebranded to T2 in a ceremony held on Friday at the Eko Convention Centre in Lagos. During the event, Femi Banigbe, the chief executive…
Report: NNPC boss Ojulari faces sack over deals with opposition-linked money laundering scandal
The tenure of Bashir Bayo Ojulari as Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited may be nearing an unceremonious end, TheCable has learnt. Despite…
Port Harcourt Refinery not for sale—NNPC clarifies
The Nigerian National Petroleum Company (NNPC) Ltd has ruled out sale of the Port Harcourt Refining Company, reaffirming its commitment to completing high-graded rehabilitation and retention of the plant. The…
Coca-Cola divests Chivita, Hollandia to UAC Nigeria in landmark FMCG deal
In a major move set to reshape Nigeria’s fast-moving consumer goods (FMCG) landscape, The Coca-Cola Company has announced the sale of CHI Limited—owners of the Chivita and Hollandia brands—to UAC…
Court dismisses loan fraud charges against ex-First Bank chairman
The federal high court in Lagos has struck out the 13-count charge filed against Oba Otudeko, a former chairman of First Bank of Nigeria (FBN). On Wednesday, Judge Chukwujekwu Aneke…
Tinubu sets Q1 2026 deadline for National Single Window project take-off
President Urges Speedy Implementation of Key Trade Reform Initiative President Bola Tinubu has directed that the National Single Window (NSW) project—Nigeria’s flagship trade facilitation platform—must become fully operational by the…
Enugu cuts Band A tariff to N160/kWh
The Enugu State Electricity Regulatory Commission (EERC) has approved a new tariff for MainPower Electricity Distribution Limited, which took over from Enugu Electricity Distribution Company (EEDC). The updated regulation cuts…
NNPC unveils ambitious plans for stock exchange listing by 2028
Bayo Ojulari, the group chief executive officer (CEO) of the Nigerian National Petroleum Company (NNPC) Limited, has announced plans for the company to be listed on the stock exchange by…
MTN, 9mobile seal landmark national roaming, spectrum deal
In a landmark move set to redefine Nigeria’s telecommunications landscape, MTN Nigeria Communications Plc and Emerging Markets Telecommunications Services Limited (9mobile) have formally announced a groundbreaking national infrastructure partnership, approved…
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