Local cNGN Delays Launch Pending Regulatory Approval Jan 9, 2024 0 The Africa Stablecoin Consortium has officially postponed the launch of its cNGN stablecoin, originally scheduled!-->…
Local UN Highlights Downward Risks to Nigeria’s Growth in 2024 Jan 9, 2024 0 The United Nations, in its 'World Economic Situation and Prospects 2024' report, has revealed that Nigeria faces!-->…
Local Dangote Petroleum Refinery Nears Production with 6th Batch of Crude Oil Jan 9, 2024 0 The Dangote Petroleum Refinery announced its imminent entry into refined petroleum production as it received the!-->…
Local NCC Threatens Call Disruption: Globacom Faces Bar from Making Calls to MTN Jan 9, 2024 0 The Nigerian Communications Commission (NCC) has issued a public notice indicating its intent to bar Globacom!-->…
Local NERC Dissolves Kaduna Electricity Distribution Company Board Over N110bn Debt Jan 9, 2024 0 The Nigerian Electricity Regulatory Commission (NERC) announced the dissolution of the board of directors of!-->…
Local Cash Scarcity Causes Sharp Decline in ATM Usage- KPMG Jan 9, 2024 0 A report titled "In Pursuit of Value," by KPMG reveals a significant drop in the weekly usage of Automated!-->…
Local MAN Criticizes EFCC’s Armed Invasion of Dangote Industries Jan 9, 2024 0 The Manufacturers Association of Nigeria (MAN) has strongly criticized the armed invasion of Dangote Industries!-->…
Local Manufacturers Hit Hard as Currency Depreciates by 38.9% Jan 8, 2024 0 In the last three months, the Nigerian naira has lost nearly 39% of its value against the US dollar, dropping from!-->…
Local CBN, Clearing Debt to Boost Naira and Enhance Investor’s Confidence Jan 8, 2024 0 The Central Bank of Nigeria (CBN) has announced its commitment to settling pending obligations and boosting the!-->…
Local Nigeria Ranks 22nd Globally for Cheapest Gasoline Prices, Despite Oil Production… Jan 8, 2024 0 "A recent report titled 'Global Petrol Prices, Octane-95, January 1, 2024,' on global gasoline prices reveals that!-->…
Local Guinness, Nestle and Others Face N472.3 Billion Loss Due to Naira Depreciation Jan 8, 2024 0 Major consumer goods companies, including Cadbury, Guinness Nigeria, and Nestle, faced a collective loss of N472.3!-->…
Local Premium Smartphone Market Set to Reach Record Sales- Reports Jan 8, 2024 0 The global premium smartphone market, featuring devices with a wholesale price of $600 or more, is projected to!-->…
Local Challenges in Facility Maintenance for Healthcare and Tertiary Education in… Jan 8, 2024 0 Facility maintenance in Nigeria's healthcare and tertiary education sectors is facing significant challenges,!-->…
Local Nigeria Launches Automated Passport Application System Jan 8, 2024 0 ""Nigeria is set to launch a highly anticipated reform with the automation of the passport application and!-->…
Local 3 Million Bank Accounts at Risk: Deadline Approaches for BVN/NIN Linkage- CBN Jan 8, 2024 0 "Millions of bank accounts face the risk of being blocked as the deadline approaches for linking them to either a!-->…
Local Nigeria’s Public Debt to Surge to N95trn in Ten Years Jan 8, 2024 0 "Nigeria's public debt is set to see an over eightfold increase in the next decade, surging to about N95trn.!-->…
Local Inflation Challenges Nigeria’s Economy: Affects Energy Costs and Others Jan 4, 2024 0 Nigeria faced economic challenges in 2023, with a sharp rise in inflation to 28.9% and soaring energy costs.!-->…
Local National Assembly Probe Crude Oil Theft, Raises Concerns Jan 4, 2024 0 The National Assembly is once again investigating the persistent problem of crude oil theft, a challenge that has!-->…
Local No Immediate Increase in Petrol Prices- NNPC Jan 4, 2024 0 The Nigerian National Petroleum Company (NNPC) Limited has assured the public that there won't be an immediate!-->…
Local Nigerian Air Force Shifts Zonal Attitude Test to January 13 Jan 4, 2024 0 The Nigerian Air Force (NAF) has announced the postponement of its zonal attitude test for Trades and!-->…
Local ON FUEL PRICE: PETROAN Nears Partnership with Offshore Refineries Jan 4, 2024 0 The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) is in advanced talks with four!-->…
Local Price of Local Rice increases by 73.2% in one Year Jan 4, 2024 0 The price of local rice in Nigeria has surged by 73.2% in one year, reaching between N55,000 and N60,000 for a!-->…
Local Naira Faces Decline, Closes Above N1,000/$: World Bank Urges Increased FX Supply… Jan 4, 2024 0 The naira, Nigeria's currency, closed trading at N1035.12/$ on the official Investor and Exporter foreign exchange!-->…
Local Obasanjo Warns of Debt Trap for Africa as Nigeria’s Public Debt Hits… Jan 4, 2024 0 Former President Olusegun Obasanjo has expressed concern that Nigeria and other African countries may face!-->…
Local DVCF Oil & Gas Plc Sells TIP Shares Worth N10.131m Jan 4, 2024 0 DVCF Oil & Gas Plc, a significant shareholder in waste management and industrial cleaning company has sold!-->…
Local “Nigerdock Partners with UNIDO, Boost Green Energy Adoption and Foreign… Jan 4, 2024 0 Nigerdock, the promoters of Snake Island Integrated Free Zone, have highlighted that their partnership with the!-->…
Africa Manufacturers Lament over FGN’s 7BN Debt Jan 3, 2024 0 The Manufacturers Association of Nigeria (MAN) predicted a tough start for manufacturers in 2024, especially in!-->…
Africa Nigerians Express Disappointment on Transportation Cost Despite FGN’s… Jan 3, 2024 0 Despite the Federal Government's initiative to provide a 50% fare rebate from December 21 to January 4, 2024,!-->…
Advertisement NNPC and Marketers Clash Over Petrol Subsidy, PMA Proposes N1,200/Litre Jan 3, 2024 0 Tensions have risen between the Nigerian National Petroleum Company Limited (NNPC) and fuel marketers, represented!-->…
Africa Nigeria’s External Reserve Declines by $77m- CBN Jan 3, 2024 0 In December 2023, Africa's largest economy, Nigeria, witnessed a decline in its external reserves, dropping by!-->…