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NASENI Signs Multibillion-Dollar MoUs for Technological Advancements
The National Agency for Science and Engineering Infrastructure (NASENI) has inked multibillion-dollar Memoranda of…
Cash Scarcity Persists: Nigerians Endure High PoS Costs Despite Central Bank…
Nigerian customers continue to face challenges in accessing cash, leading to increased reliance on high-cost PoS…
Departure of BPE and FCCPC Heads: Not Dismissals, but Relief from Positions-…
The Presidency has clarified that the departure of the heads of the Bureau of Public Enterprises (BPE) and the…
Ahead of AFCON:Football Fans Express Discontent Over Startimes’ Subscription…
Football fans are expressing shock and disappointment as StarTimes announces a 15% increase in subscription prices…
NAFDAC Highlights Strategies for Consumers to Identify Fake Products
In the battle against counterfeit drugs and unwholesome products in the Nigerian market, the National Agency for…
Nigeria Faces 65% Drop in Foreign Investments, Loses Top Spot to Kenya
Foreign investments in Nigerian startups experienced a significant decline, falling by 65.83% year-on-year to $410…
UBA Hits N1 Trillion Market Capitalization
United Bank for Africa (UBA) achieved a significant milestone as its market capitalization surpassed the N1…
Equity Market’s Rally Surpasses N3.5 Trillion in Seven-Day Streak
The Nigerian Exchange Limited's bullish run continued into its seventh day on Monday, yielding a daily gain of…
cNGN Delays Launch Pending Regulatory Approval
The Africa Stablecoin Consortium has officially postponed the launch of its cNGN stablecoin, originally scheduled…
UN Highlights Downward Risks to Nigeria’s Growth in 2024
The United Nations, in its 'World Economic Situation and Prospects 2024' report, has revealed that Nigeria faces…
Dangote Petroleum Refinery Nears Production with 6th Batch of Crude Oil
The Dangote Petroleum Refinery announced its imminent entry into refined petroleum production as it received the…
NCC Threatens Call Disruption: Globacom Faces Bar from Making Calls to MTN
The Nigerian Communications Commission (NCC) has issued a public notice indicating its intent to bar Globacom…
NERC Dissolves Kaduna Electricity Distribution Company Board Over N110bn Debt
The Nigerian Electricity Regulatory Commission (NERC) announced the dissolution of the board of directors of…
Cash Scarcity Causes Sharp Decline in ATM Usage- KPMG
A report titled "In Pursuit of Value," by KPMG reveals a significant drop in the weekly usage of Automated…
MAN Criticizes EFCC’s Armed Invasion of Dangote Industries
The Manufacturers Association of Nigeria (MAN) has strongly criticized the armed invasion of Dangote Industries…
Manufacturers Hit Hard as Currency Depreciates by 38.9%
In the last three months, the Nigerian naira has lost nearly 39% of its value against the US dollar, dropping from…
CBN, Clearing Debt to Boost Naira and Enhance Investor’s Confidence
The Central Bank of Nigeria (CBN) has announced its commitment to settling pending obligations and boosting the…
Nigeria Ranks 22nd Globally for Cheapest Gasoline Prices, Despite Oil Production…
"A recent report titled 'Global Petrol Prices, Octane-95, January 1, 2024,' on global gasoline prices reveals that…
Guinness, Nestle and Others Face N472.3 Billion Loss Due to Naira Depreciation
Major consumer goods companies, including Cadbury, Guinness Nigeria, and Nestle, faced a collective loss of N472.3…
Premium Smartphone Market Set to Reach Record Sales- Reports
The global premium smartphone market, featuring devices with a wholesale price of $600 or more, is projected to…
Challenges in Facility Maintenance for Healthcare and Tertiary Education in…
Facility maintenance in Nigeria's healthcare and tertiary education sectors is facing significant challenges,…
Nigeria Launches Automated Passport Application System
""Nigeria is set to launch a highly anticipated reform with the automation of the passport application and…
3 Million Bank Accounts at Risk: Deadline Approaches for BVN/NIN Linkage- CBN
"Millions of bank accounts face the risk of being blocked as the deadline approaches for linking them to either a…
Nigeria’s Public Debt to Surge to N95trn in Ten Years
"Nigeria's public debt is set to see an over eightfold increase in the next decade, surging to about N95trn.…
Inflation Challenges Nigeria’s Economy: Affects Energy Costs and Others
Nigeria faced economic challenges in 2023, with a sharp rise in inflation to 28.9% and soaring energy costs.…
National Assembly Probe Crude Oil Theft, Raises Concerns
The National Assembly is once again investigating the persistent problem of crude oil theft, a challenge that has…
No Immediate Increase in Petrol Prices- NNPC
The Nigerian National Petroleum Company (NNPC) Limited has assured the public that there won't be an immediate…
Nigerian Air Force Shifts Zonal Attitude Test to January 13
The Nigerian Air Force (NAF) has announced the postponement of its zonal attitude test for Trades and…
ON FUEL PRICE: PETROAN Nears Partnership with Offshore Refineries
The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) is in advanced talks with four…
Price of Local Rice increases by 73.2% in one Year
The price of local rice in Nigeria has surged by 73.2% in one year, reaching between N55,000 and N60,000 for a…