Wednesday, 12th February 2025
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APO Press Releases

2 days ago
A leading indigenous commodities export company, Neveah Limited, says its state-of-the-art aluminium and copper recycling plant in Ogun State
2 days ago
European and Asian stock markets rose Monday as traders appeared to shrug off US President Donald Trump's latest tariff announcement surrounding levies on steel and aluminium. This was in contrast to a week ago when tariff announcements from Trump sent global equities tumbling. "The fact that global equity indices are higher at the start of…
6 Feb
The Nigerian Ports Authority (NPA) has increased all port rates and dues from seven per cent to 15 per cent as its first tariff adjustment in
2 Feb
To foster collaboration among key stakeholders in addressing environmental challenges in the Niger-Delta, Ashoka Africa
2 Feb
The Securities and Exchange Commission (SEC) has reaffirmed its commitment to ensure investors get equitable access to financial services and investment opportunities. A statement by SEC said the commission’s Executive Commissioner, Corporate Services, Mrs Samiya Usman, made the commitment on Sunday. Usman said the commission’s dedication to fostering an inclusive financial ecosystem that empowered women…
2 Feb
Following are the results of Match Day 22 fixtures in the 2024/2025 Nigeria Premier Football League (NPFL), played on Sunday: Plateau United FC 1-1 Shooting Stars FC Kano Pillars FC 0-0 Bayelsa United FC Nasarawa United FC 2-0 Niger Tornadoes FC Heartland FC 2-0 Rivers United FC Abia Warriors FC 2-0 Akwa United FC The…
30 Jan
Guinness Nigeria has announced key changes to its Board of Directors, reflecting its commitment to strong corporate governance and strategic leadership. The announcement is contained in a statement signed by the company’s Legal Director/Company Secretary, Mrs. Abidemi Ademola. The statement announces as follows: “Dr. Omobola Johnson will retire as Chair of the Board of Directors…
30 Jan
The naira further appreciated at the official market on Wednesday, trading at N1,510.72 to a dollar. Data from the FMDQ Security Exchange official forex trading platform revealed that the local currency gained N11.96. This represented a 0.78 per cent gain, compared to the trading figure on Tuesday, when the naira closed trading at N1,522.68 to…
25 Jan
Guinness Nigeria Plc has announced its unaudited financial results for the six months ended 31 December 2024, showcasing impressive resilience and strategic growth in a challenging macroeconomic environment. The company reported an 82.2% revenue increase, growing from ₦142.60 billion in H1’24 to ₦259.60 billion in H1’25. This performance underscores the effectiveness of its revenue generation…
17 Jan
    First Bank of Nigeria Limited has urged the Federal High Court, Lagos to uphold an order freezing the assets and accounts of General Hydrocarbons Limited (GHL) and its related entities, pending the outcome of a substantive suit aimed at recovering a loan of $225.8 million extended to the oil company. The bank made…
16 Jan
The Central Bank of Nigeria (CBN) has introduced two new digital solutions aimed at improving efficiency and modernising operations: the Document Flow (DocFlow) System and the Ministries, Departments, and Agencies (MDAs) Naira Payment Solution. Unveiled on Wednesday at the bank’s headquarters in Abuja, these tools are part of the “Digital First” initiative launched in December…
8 Jan
15 Dec
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) on Wednesday elected new governing council members marking an end of the tenure of the Dame Winifred Akpani-led immediate past executive of the Association. The newly elected executive include: Mrs. Moroti Adedoyin-Adeyinka - Chairman (Sahara Energy Group); Mr. Chris Odinaka Igwe - Vice Chairman 1…

Latest

4 mins ago
Gov. Bassey Otu of Cross River, says the Internally Generated Revenue (IGR) of the state, has significantly improved under his watch. Otu made the assertion while inaugurating the newly renovated Calabar I Tax Office in Calabar on Wednesday. Represented by Mr. Mike Odere, the Commissioner for Finance, Otu said that his administration had also ensured…
9 mins ago
The Nigeria Labour Congress (NLC) has demanded an immediate reversal of the 50 per cent tariff hike implemented on Tuesday by telecommunication companies. The NLC lamented that the companies implemented the new tariff despite an earlier agreement reached with the Federal Government and the Nigerian Communications Commission (NCC) that gave birth to a 10-man committee…
10 mins ago
The National Biotechnology Research and Development Agency (NBRDA), through its research group, Young Researchers Forum (YRF) is researching on how to develop biocatalysts from under-utilized bioresources for bioethanol production. Prof. Abdullahi Mustapha, Director General of the NBRDA, said this in an interview with the News Agency of Nigeria (NAN) on Wednesday in Abuja. NAN reports…
10 mins ago
Gabon's authorities said they have begun an investigation into potential "sabotage," which brought power cuts at a thermal power plant in Libreville aimed at "terrorising the population" and "discrediting" the transition government. "This criminal act has caused major power cuts and has seriously disrupted the energy supply of Greater Libreville," transitional government (CTRI) spokesman Colonel…
16 mins ago
Electricity distribution company, Ikeja Electric, has informed its customers that it experienced a system outage at about 11:34am on February 12, 2025. In a terse statement, the Disco said the outage affected all its feeders, leading to power outage in areas it distributes electricity to. Ikeja Electric, however, assured the customers that "restoration of power…
18 mins ago
After collapsing no fewer than 12 times in 2024, the national grid collapsed for the first time in 2025, throwing Nigerians into a blackout. Electricity Distribution Companies such as the Ikeja Electricity Distribution Company (IKEDC) and the Abuja Electricity Electricity Distribution Company (AEDC) revealed that the grid collapsed at 11:34 am on Wednesday. Both discos…
18 mins ago
  The Acting Vice-Chancellor of Nnamdi Azikiwe University (UNIZIK), Prof. Joseph Ikechebelu, has ordered an investigation into an incident involving a female student and a lecturer that escalated into a physical altercation. The incident, which occurred on Tuesday at the Faculty of Arts, saw a student, identified as Goddy Mbakwe Precious, allegedly bite and physically…
18 mins ago
Prof. Obiora Okonkwo, an All Progressives Congress (APC) governorship aspirant in the Nov. 8 election in Anambra, has promised to return power to the people and engender community driven development, if elected. Obiora made the disclosure on Wednesday in a parley with newsmen in Ogidi, Idemili North Local Government Area of the state. He noted…
35 mins ago
The Civil Aviation Authority of the Democratic Republic of the Congo (DRC), has closed its airspace to Rwandan planes for three months over the ongoing armed conflict with the M23 rebel movement. According to a NOTAM (Notice to Airmen) issued on Wednesday, all civil and government aircraft registered or based in Rwanda have been banned…
43 mins ago
Two workers in the Australian state of New South Wales (NSW) have been sacked after saying they would not treat Israeli patients. They said they would rather kill them in a video shared on social media. The video, uploaded to TikTok on Wednesday, showed the exchange between a man and a woman in NSW Health…