Awosika Is Appointed Matron By An NGO
The Chairman of Access Bank and Honourable Consul to Czech Republic, Dr. Mrs Ajoritsedere Awosika, has been appointed matron and…
Month: February 2023
Meta Provides Consumer Behavior Data on Nigerians To Help Marketers
The average daily production of reels in Nigeria grew by more than 4% during the week after Eid and the…
Travel Agencies Should Give Foreign Airlines Discounted Rates.
Mr. Yinka Ladipo, the Chief Executive Officer of Dart Logistics Limited and Finance Secretary of the National Association of Nigerian…
Oil Production Has Increased To 1.6 Million Barrels Per Day, According To NNPCL
Nigeria’s oil production surged to 1.6 million barrels per day, according to the Nigerian National Petroleum Corporation Limited, falling only…
New Automobile Product From Mikano
Changan Auto, a brand-new product from Mikano Motors, has entered the Nigerian car industry. In response to the success of…
Gunshots And Explosions Shake Rivers Radio And TV Stations
In Ozuoba, in the Obio/Akpor Local Government Area of Rivers State, gunmen assaulted a prominent radio station, Wish FM 99.5,…
NRC’s Insistence On Cash Transactions Causes Passengers To Complain
The Nigerian Railway Corporation has insisted on cash payment for its operations despite the deployment of cashless payment systems across…
CBN: IMF Requests A Review Of The 2007 Act
To increase the bank’s autonomy and governance, the International Monetary Fund has advocated for a revision of the Central Bank…
Lagos Launches Aerial Mapping
A Cessna 406 aircraft has been used by the Lagos State administration to map the state from the air.The effort,…
Fuel Queues Likely to Reappear in Nigeria Due to Supply Shortage.
Leading oil marketers said that NNPCL depots, which supply private depots across the nation, ran out of supplies over the…
BuuPass Raises $1.3M to Expand Africa’s Mobility Sector Digitization.
In Kenya, the bulk of operators, particularly those in the road transportation industry, still insists that customers physically book tickets…
Meta Will Test A Monthly Subscription Service For $11.99
In an effort to support the growth and community building of content producers, Meta Platforms (META.O) said that it is…
Cleantech Qotto Launches Growth Strategy with $8M Investment.
The IBL group, a $1 billion conglomerate with operations in a number of industries, including energy, financial services, logistics, distribution,…
China Demand Optimism And Supply Forecast Worries, Cause Oil To Climb.
Optimism about China’s demand rebound, worries that underinvestment could constrain future oil supplies, and major producers maintaining output limitations all…
FG Estimates That Inaccurate Measuring Causes 40% Of Oil Losses.
According to the Federal Government, measurement errors—not theft—are to blame for about 40% of the quantities of crude oil losses…
Investors in stocks suffer a loss of N281 billion in a single week.
At the close of last week’s trading on the floor of the Nigerian Exchange Limited, stock investors lost N281 billion.…
Conflicts Between The FG And States Regarding Salary Reviews
Oluwarotimi Akeredolu, the governor of Ondo State and head of the Southern Nigeria Governors’ Forum, recently spoke out against the…
LCCI Tells FG That Rising Inflation Will Make Poverty Worse.
The prolonged increase in the overall price level in recent years has weakened some people’s purchasing power, the Lagos Chamber…
IFC, DEG, Yellowwoods, and Others Backed Naked’s Series B.
A South African insurtech firm called Naked Insurance has acquired $17 million in Series B funding led by the International…
The APC And Bank CEOs Work Quickly To Fix The Naira Crisis.
In a last-ditch effort to resolve the lingering cash crisis that has thrown the entire country into turmoil, governors elected…
Group’s Investments are Brought Together Under the New Axian Units.
Axian Group has revealed a new investment division intended to support Africa’s early-stage tech businesses. Axian Investment, the newly created…
Returning and New Investors Support Smile’s Series B $20m Round.
In an expanding fintech market like that of Africa, the significance of KYC and identity verification cannot be overstated. Strict…
Buhari Instructs Nigeria’s Central Bank to Give Emirates Additional Cash.
The central bank in Nigeria has been instructed by Nigerian President Muhammadu Buhari to boost the amount of foreign currency…
Nigerian Inflation Continues in January, Spurred by Food Prices.
According to its statistics office, Nigeria’s inflation resumed in January and reached 21.82% in annual terms. This increase was mostly…
Members of the US Congress want to Stop the $1 billion Nigerian Weapons Purchase.
Following revelations of an illegal abortion program and the targeted slaughter of infants by the Nigerian military, two members of the U.S. House of Representatives Foreign Affairs Committee urged President Joe Biden to cancel a roughly $1 billion arms deal with Nigeria. The Congress members said, “There are rumors of weaponry captured by terrorists, and the help supplied by Washington so far has done little to settle the 14year struggle between the Nigerian military and Islamist insurgents in the country’s northeast.” Therefore, the legislators stated in the letter, “we believe continuing to move forward with the $1 billion arms transaction would be exceedingly irresponsible and we encourage the Administration to revoke it. After lawmakers on both sides of the aisle halted the agreement…
President Buhari Grants a 60-day Extension to Turn in Outdated Currency.
President Muhammadu Buhari of Nigeria granted the go-ahead for the central bank to add another 60 days to the deadline…
French Agency And BoI Agree To A Funding Of €2.5 Million.
A funding deal for €2.5 million has been agreed between the Bank of Industry and the French Development Agency to…
Wema Bank Supports SMEs In Enugu
According to Wema Bank Plc, it intends to provide small and medium-sized businesses in Enugu with the necessary information and…
NIPC Intends To Draw More International Investment.
According to the Nigerian Investment Promotion Council, initiatives are being made to make Nigeria a popular place to invest. This…
The 2023 NCC Innovative Competition Is Won By A Tech Startup.
Following its selection as the winner of the third annual Nigerian Communications Commission Information and Communications Technology Innovation Competition and…