Despite Forex Scarcity Fuel Imports Consumed $690 Million In Eight Month
As Nigeria’s refineries continue to sit idle, fuel imports remain a major user of foreign exchange as $690.19m (about N285.95bn,…
Day: October 13, 2021
International Monetary Fund Increases Nigeria’s Growth Prospect To 2.6% & 2.7% For 2021 & 2022
The International Monetary Fund (IMF) has increased Nigeria’s growth prospect to 2.6 per cent and 2.7 per cent for 2021…
UN Promise To Support Nigeria Industrialisation So As To Achieve Sustainable Development Growth
The United Nations (UN) has promised that it is committed to supporting Nigeria’s industrialisation bid as the country progresses towards…
Kaspersky Blocks 206 Thousand Mobile Malware Attack For Middle East, Turkey and Africa In Six Month
Out of the more than 206 000 mobile malware attacks blocked by Kaspersky solutions for the Middle East, Turkey and…
South Africa Telecom Provider “Telkom” Ends Partnership With Netflix
South Africa telecom provider, Telkom said Netflix will no longer be available on the South African phone and internet company’s…
Subsidizing Fossil Fuels Encourage Overuse Of Fuels: President Of World Bank Group
The President of the World Bank Group, David Malpass, has called against fossil fuel subsidies, adding that subsidised fossil fuels…
U.S. Beats China To Become Top Destination For Bitcoin Miners
The U.S. is now the number one destination for bitcoin miners, eclipsing China for the first time ever. While it…
BVN: Violators Will Be Sanctioned- Central Bank of Nigeria
The Central Bank of Nigeria has said in its revised regulatory framework for Bank Verification Number operations that violators will…
Nigerian Stock Exchange: Equity Market Gain N95.34 Billion
The equities market of the Nigerian Exchange Limited upturned the previous day’s loss with a N95.34bn gain on Tuesday following…