427,962 Nigerians Abroad Receive NIN.
In May 2023, 25.17 percent of Nigerians living abroad have National Identification Numbers. Since the…
Author: akintunde
Nigeria’s Oil Output Drops Below 1 million Barrels Per Day – Report.
According to a report from the Organization of the Petroleum Exporting Countries, Nigeria’s crude oil…
NNPCL to Stop Importing Petroleum in August.
The Nigerian National Petroleum Company (NNPCL) has stated that it would reduce its imports of…
The central bank of Nigeria permits the naira to fall 2% to a historic low.
On Wednesday, the naira was permitted to reach a record low on the official market…
Marketers Struggle to Get N10 billion for New Purchases of Fuel.
The Nigerian National Petroleum Company Limited has a new financial need of around N10 billion…
Nigeria Launches MNVO Operations and Issues Licenses to 25 Enterprises.
The Nigerian Communications Commission (NCC) may have authorized 25 businesses to operate as Mobile Virtual…
ART seeks a crude oil swap to release $810 million in blocked funds for airlines.
Dr. Gabriel Olowo, president of the Aviation Roundtable and Safety Initiative, yesterday urged Mr. Godwin…
Marketers Claim that Subsidy Removal has Increased Depot Gasoline Prices.
Since May 29 when subsidies were formally eliminated, gas prices at the pump have climbed…
World Bank: Nigeria’s Economic Expansion is too Sluggish to Combat Poverty.
The World Bank issued a warning Monday, stating that Nigeria’s economic expansion is too sluggish…
Stakeholders Expect an Increase in Call Costs Due to the Telecom Tax.
Muhammadu Buhari, the former president of Nigeria, put a 5% excise levy on telecommunication services…
Reps Call on the Government to Contract Out Refineries to IOCs.
The House of Representatives urged the Federal Government and Nigerian National Petroleum Corporation Limited (NNPCL)…
Exposure of Nigerian Banks to $13 billion Eurobond for Ghana Set at $1.7 Billion.
According to a research published by Agusto &Co, Nigerian banks have a significant amount of…
Nigeria Air: Representatives Urge that the Main Perpetrators be Charged.
The House of Representatives Committee on Aviation has demanded the detention, criminal prosecution, and punishment…
Kaspersky claims Nigeria has the second-highest number of cyberattacks in Africa.
According to a Kaspersky research, Nigeria experiences the second-highest number of cyberattacks in Africa. Only…
Nigeria’s BUA Receives $500 million to Build New Cement Lines.
The International Finance Corporation (IFC) and other lenders have provided $500 million in finance to…
Nigeria’s Labour Congress to Call Off Strike Over Gasoline Subsidies.
A signed resolution of the agreement stated that Nigeria’s largest labor union had decided, following…
With the acquisition of Africa Matters Limited, J.S. Held expands its strategic advisory for the African market.
The international consulting firm J.S. Held announced the acquisition of Africa Matters Limited, a strategic…
Accra Medical Center and IFC collaborate to increase access to affordable healthcare in Ghana
IFC announced a partnership with Accra Medical Centre Ltd. (AMC) to assist the health service…
The 89MW Castle Wind Farm’s Financial Close has been Announced by AIIM Consortium.
Through an Eskom wheeling agreement, the AIIM consortium has completed the financial close on the…
Pension funds investments in FGN securities rise – Report.
At the conclusion of the first quarter of 2023, the portion of the Pension Fund’s…
Stakeholders Criticize the FG Regarding the $3.2 billion Project to Modernize Customs.
Stakeholders in the nation’s marine sector have criticized the Federal Government over the $3.2 billion…
In Seven Years, Nigerias Debt has Outspaced its Revenue by 13million.
Nigeria’s overall debt in seven years exceeded Federal Government revenue by N13.26 trillion. The conclusions…
NBS: Due to Lack of FX, International Trade Falls by 2.6trillion.
The value of international commerce has decreased overall by N2.55 trillion as a result of…
Restructuring of Ghanas’ Debt: Lowers Bank Earning Due to Increase in Loans.
Although Ghana may now breathe a sigh of relief after the IMF approved its $3…
NCC: 22.3 million jobs and $13.2 trillion in economic output will be created by 5G technology.
By 2035, the introduction of 5G technological services, according to the Nigerian Communications Commission (NCC),…
CBN Reports a 27% Decrease in Electricity Export Revenue.
According to The PUNCH, Nigeria’s electricity export fell by $58.1 million in a single year…
Price-fixing and petroleum equalization eras are finished, according to NMDPRA.
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has declared that the era of…
Market expansion and diversification will lead to growth.
In an effort to increase wealth for investors and residents as well as spur economic…
Nigerian Stocks Exhibit the Region’s Greatest Returns.
The majority of quoted securities in Nigeria outperformed their peers in Sub-Saharan Africa despite the…
The SEC takes Action to Monitor Capital Market Delisting.
The Securities and Exchange Commission has stated that it is prepared to address and resolve…