It also welcomed 13.5 million Muslims who came to perform umrah, the pilgrimage that can be done year-round, and aims to reach 30 million pilgrims in total by 2030. The hajj, one of the world’s biggest religious gatherings, is increasingly affected by climate change, according to a Saudi study published last month that said regional…
The Federal Airports Authority of Nigeria, ahead of Eid-el-Kabir, has issued a warning against bribes and extortion at airports nationwide, assuring travelers of a smooth journey. The Director of Public Affairs and Consumer Protection, Obiageli Orah, made this known in a statement on Friday. She assured Nigerians of seamless travel, stating that measures have been…
Wema Bank has received regulatory approval for the allotment of its N40bn rights issue, which was initiated in December 2023. This marks the conclusion of the first tranche of its recapitalization exercise, which commenced before the The Central Bank of Nigeria directed banks in the country to increase their capital base. A statement from Wema…
No fewer than three people, including foreigners, have been abducted by armed men suspected to be kidnappers in Lagos State. Trust Africa News gathered that the victims include the Managing Director of Fouani Company and three other Lebanese nationals. They were reportedly kidnapped while traveling on a boat from Apapa to Victoria Island. Details of…
The Nigerian National Petroleum Company Limited (NNPCL) has discontinued the legal action it initiated against ExxonMobil Corporation’s shallow-water local subsidiary, Mobil Producing Nigeria Unlimited (MPNU), Seplat Energy said in a regulatory filing on Friday. Seplat Energy has been “notified of the termination of the court proceedings brought by NNPCL against MPNU and its affiliates over…
Finidi George has resigned from his position as the head coach of the Super Eagles. It is believed Finidi took the decision on Saturday, days after the Nigeria Football Federation, NFF, announced moves to bring in a foreign technical adviser. His exit was confirmed by former Eagles media officer, Toyin Ibitoye, on his X account….
Nigeria’s daily oil production dipped further to 1.25 million barrels per day in May, a report by the Organization of the Petroleum Exporting Countries has said. This is despite the claim by the Federal Government and the Nigerian National Petroleum Company Limited that the country’s oil production has risen to 1.7mbpd. OPEC data showed that…
Shareholders of FCMB Group Plc have expressed confidence that the N150bn capital raising programme of the group would be achieved. This was stated at the 11th annual general meeting of the group, where the shareholders also hailed the management for the performance of the bank in 2023. The Secretary General of the Independent Shareholders Association…
As part of efforts to monetise Nigeria’s vast natural gas resources, the Nigerian National Petroleum Company Limited has executed a project development agreement with Golar LNG for the deployment of floating liquefied natural gas offshore in the Niger Delta. The signing ceremony, which took place on Monday, was attended from the NNPC Limited side by…
