Tag: FlatNews
Shoprite Shutsdown Major Outlets across Nigeria
Shoprite, Nigeria’s once-dominant retail chain, is battling to stay afloat just four years after its former South African owner exited the country. Checks across major ... Read More
Nigeria Adopts Tougher Rules on Oil Asset Transfers, Learns from Costly Global Cases
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it has secured over $400 million in pre-sale decommissioning and abandonment liabilities while tightening rules on oil ... Read More
“NNPCL GCEO Cries ‘I’m Under Attack!’ as Oil Mafia Fights Back Against Reforms”
The high-stakes drama in Nigeria’s oil industry has taken a dangerous turn, as the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited ... Read More
BREAKING: Innocent Ike Becomes GMD/CEO of Access Holdings
Access Holdings Plc has appointed Mr. Innocent Ike as its substantive Group Managing Director/Chief Executive Officer, effective August 29, 2025, following regulatory approval. The announcement ... Read More
Petrol Import Dominates Supply in June – NMDPRA
Over 69 percent of petrol consumed in Nigeria in June 2025 came from imports, according to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). ... Read More
Banks Sent Hefty Thugs After My Business Took A Hit – Femi Otedola
Billionaire businessman, Femi Otedola, has recounted how some banks once deployed “bewitching ladies” to win his deposits, only to turn hostile when his fortunes took ... Read More
Kashim Shettima, Others Lead the Call to Tackle Food Insecurity at UN Summit
Nigeria and several other African nations have made a strong call for urgent global cooperation to tackle food insecurity and address the climate-related challenges threatening ... Read More