•Shell Nigeria Traditional ruler of Ekpetiama in Yenagoa Local Government Area of Bayelsa,King Bubaraiye Dakolo, today filed an appeal on the dismissal of his suit challenging the divestment by Shell from onshore assets and pollution within his domain. Chuks Uguru, Counsel to Dakolo said at the premises of the Federal High Court in Yenagoa tha...
•Traders on the Nigerian Exchange (NGX) trading floor, Lagos Quoted companies are scrambling to finalise their financial statements and reports in last-minute efforts to meet Friday’s deadline for the submission of interim earnings reports for the first six months of this year. Check by our correspondent yesterday indicated that less than 35 p...
•Dele Kelvin Oye The Chairman of the Alliance for Economic Research and Ethics, Dele Oye, has raised concern over the growing burden of high-interest digital loans in Nigeria, noting that poor and vulnerable Nigerians are being trapped in a cycle of debt by digital lending platforms charging more than 300 per cent interest yearly. Oye, [&helli...
Gift cards issued for closed platforms such as Apple’s App Store and iTunes have, over the past several years, taken on a second life in Nigeria that has little to do with buying apps or music. For a growing number of Nigerians locked out of easy access to foreign currency, these cards have become an […]
•Tinubu presenting budget and Onigbinde Co-founder of BudgIT, Seun Onigbinde, has criticised the federal government budgeting process, saying he does not think that the President Bola Tinubu administration believes in the budgets it presents before the National Assembly. Onigbinde, who spoke on Channels Television last night, said that the adm...
The Organised Private Sector of Nigeria has expressed deep concern over the recent announcement by the Director-General of the National Pension Commission regarding a proposed increase in mandatory pension contributions and the introduction of an additional three per cent mandatory annual contribution equivalent to three per cent of the total ...
The National Automotive Design and Development Council (NADDC) has intensified efforts to formalise Nigeria’s automotive dealership ecosystem with the rollout of its Dealership Registration Portal, describing the initiative as a major step towards creating a transparent, data-driven and globally competitive automotive industry. Speaking at the...
Fresh pressure is building on Nigeria’s downstream petroleum market as Dangote Petroleum Refinery yesterday resumed gantry loading of Premium Motor Spirit (PMS) in naira after a week-long suspension, but simultaneously raised its ex-depot price by N140 to N1,215 per litre, a move expected to trigger another round of pump price adjustments acro...
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has attributed the apparent scarcity of N100 and N200 notes to the increasing adoption of digital payment channels and the declining purchasing power of the lower-denomination currency. Speaking yesterday after the Monetary Policy Committee (MPC) meeting in Abuja, Cardoso dismisse...
Nigeria’s upstream oil regulator has awarded 37 oil and gas blocks to 31 companies following a competitive bidding process under the country’s 2025 licensing round, as Africa’s largest oil producer seeks to boost investment in exploration. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said the successful bidders emerged after a...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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