Guideliness for Contactless Payment Systems will be Released by the CBN.
According to the Central Bank of Nigeria (CBN), guidelines will soon be released to encourage the effective and safe usage…
Year: 2023
CBN will Provide Rules for Contactless Payments.
According to the Central Bank of Nigeria (CBN), guidelines will soon be released to encourage the effective and safe usage…
Dangote Announces Date For Commissioning Of Multi-Billion Refineries
On May 22, President Muhammadu Buhari is anticipated in Lagos to officially open the Dangote Refinery.On Sunday, Bashir Ahmad, the…
Lagos-Ibadan Expressway: FRSC Issues Traffic Alert For Travellers
In response to a traffic accident that occurred on the Lagos-Ibadan expressway on Sunday, the Federal Road Safety Corps (FRSC)…
Housing Shortage Would be Resolved Through National Mortgage Policy – El-Rufai
Nasir el-Rufai, the governor of Kaduna State, claims that Nigeria needs a supportive mortgage policy to address its housing shortage.…
Stakeholders Attribute the Collapse of Buildings on Inadequate Regulations
Stakeholders in the built environment contend that the bulk of the nation’s building failures were caused by the failure to…
President Buhari Set to Commission Dangote Refinery.
According to a spokesperson for the president, Nigerian President Muhammadu Buhari will officially open the multibillion-dollar Dangote oil refinery in…
Fuel Prices might Increase by 250% to N8tn when Subsidies are Removed.
According to the latest intelligence and industry data, when the federal government stops subsidizing PMS in June, between July and…
Reps Increase Buhari’s Supplemental Spending to N23.7 trillion.
The Federal Government acquired Ways and Means Advances worth N23,719,703,774,306.90 from the Central Bank of Nigeria, and the House of…
HOSCON Aims to Invest US$5 billion in Member States.
The Host Communities of Nigeria Producing Oil and Gas (HOSCON) said that it is aiming to raise $5 billion in…
Access Bank Receives Regulatory Approval to Acquire Angola Company.
The Central Bank of Angola, Banco Nacional de Angola, has given its clearance to Access Bank, the flagship subsidiary of…
Carl Cruz is Appointed as MD and CEO of Airtel Nigeria by Airtel Africa.
Carl Cruz has been appointed as the Managing Director and Chief Executive Officer of Airtel Networks Limited (Nigeria), according to…
Naira Crisis, Elections Impact 2023 Revenue.
The Nigerian Exchanges Group said the recent general election and the Central Bank of Nigeria’s rebalancing policy had a negative…
Federal Roads: FG Pays State N860 billion in 8 Years.
The federal government has repaid N859.7 billion to various state governments to reimburse the costs of building federal roads over…
Nigerian Lawmakers Approve $52 billion Central Bank Loan Restructuring.
Nigeria’s House of Representatives approved a plan to restructure 23.7 trillion naira ($52 billion) of short-term central bank loans into…
Poverty Alleviation: FG Slates Budget Allotation for geograhic data.
State Budget and Regional Planning Minister Clem Agba announced that the federal government plans to include geospatial data allocations in…
FG Disconnects Discos from National Grid Over Debt.
Millions of electricity consumers could be plunged into darkness in the coming weeks as the federal government, through Nigeria’s transmission…
Nigeria, Iraq Drag OPEC Output Down.
Oil production by the Organization of the Petroleum Exporting Countries fell in April due to supply delays in Nigeria and…
FG Plans to Build Another Sea Port in 2026 – NPA.
According to the Nigerian Ports Authority, the federal government plans to build another deep-sea port within the next three to…
IMF Warns CBN as eNaira Transactions Hit N1.4m.
Kristalina Georgieva, Managing Director of the International Monetary Fund, has warned of the unpredictable “consequences” central bank digital currencies could…
Nigeria to Become Top Middle Income Economy By 2050, Says Buhari.
The Nigeria Agenda 2050 was officially unveiled on Wednesday in Abuja, with the statement that its implementation will “ensure that…
Niger Delta Community Threatens $1 trillion Lawsuit Against IOC, FG.
The host community of oil and gas in the Niger Delta has pledged a trillion-dollar against oil companies and the…
Pantami Tells Companies to Ignore Telecom Tax.
Communications and Digital Economy Minister Isa Pantami has urged telecom companies and other sector stakeholders to ignore any attempts to…
Turkish Airlines Launches an Investigation after a Wheelchair Passenger Reports Harassment
Ms. Margaret Adeyileka, a middle-aged wheelchair user who has been traveling for decades, claims that the humiliation she just experienced…
Zenith Bank shareholders approve a dividend payout of N100.47 billion.
According to Zenith Bank Plc, it would distribute N100.47 billion to shareholders for the 2022 fiscal year.It revealed this in…
Senate Probes Passports Renewal, Issuance Delay
The Upper house has decided to look into the reasons behind the Nigeria Immigration Service’s delays in issuing and renewing…
President Buhari Heads To London For King Charles’ Coronation
President Muhammadu Buhari and his wife, Camilla, are scheduled to go to London, United Kingdom, to see Charles III, the…
FG sues Meta, Facebook, Demand N30 billion.
The Advertising Regulatory Council of Nigeria (ARCON) has been given permission by the Abuja Division of the Federal High Court…
Foreign debt: FG Deducts N78 billion from State Allocations.
The Federal Government deducted over N78bn from allocations made to the states for external debt servicing, according to findings. This…
FAAN asks Unapproved Residents to Leave Airport Property.
All unauthorized inhabitants of airport grounds have been warned by the Federal Airports Authority of Nigeria to leave the area…