CCECC Resumes Work on Enugu-Port Harcourt Dual Carriageway After Termination Notice Withdrawal
The China Civil Engineering Construction Corporation Ltd (CCECC) has recommenced work on section 4 of the Enugu-Port Harcourt dual carriageway…
Category: Local
South Africa Business Activity Picks Up in Feb. PMI survey Shows
In a positive turn, South African private sector activity expanded in February for the first time in six months, fueled…
FCMB Charges Accountants on Transparency
The Managing Director of First City Monument Bank (FCMB), Mrs. Yemisi Edun, emphasized the importance of sustainability accounting during her…
FCT residents loot NEMA warehouse
Residents of the Federal Capital Territory (FCT) reportedly looted a warehouse belonging to the National Emergency Management Agency (NEMA) due…
Lagos State to Implement Monthly Rental Scheme by End of 2024
Barakat Odunuga-Bakare, the Special Adviser to the Lagos State Governor on Housing, announced plans to enforce the state’s monthly rental…
Qatar Airways and Access Bank to Offer Flight Discounts Across Africa
Qatar Airways has joined forces with Access Bank to provide discounts on flights to the bank’s customers across Africa. According…
Africa Prudential Plc Appoints First Female CEO
Africa Prudential Plc, the pioneering registrar listed on the Nigerian Exchange, has named Catherine Nwosu as its first female Chief…
Senate to Probe N30tn Loan Spent by Buhari’s Administration
The Senate has announced plans to question officials from the Central Bank of Nigeria (CBN) regarding the utilization of the…
African Share of Global Trade Remains Below 3%: Report”
According to a report assessing progress on regional integration in Africa by the Economic Commission for Africa (ECA), the continent’s…
EFCC Uncovers Fresh N17bn Fraud Linked to Ministry of Humanitarian Affairs
Allegations of fraud within the Federal Ministry of Humanitarian Affairs, Disaster Management, and Social Development continue to escalate as the…
Tesla Rolls Out New Incentives in China as Price War Escalates
Tesla has unveiled new incentives, including insurance subsidies, in a bid to attract consumers in the world’s largest auto market,…
MainOne Lands 2Africa Subsea Cable in Akwa Ibom State
MainOne, in collaboration with 2Africa, has successfully installed the 45,000-kilometre subsea cable system in Akwa Ibom State, Nigeria. This initiative…
OPay Urges Customers to Link BVN or NIN to Accounts
OPay, a financial services firm, has called on its customers to comply with the Central Bank of Nigeria’s directive by…
Rand Merchant Bank optimistic about $11bn Indo-Nigeria trade
Rand Merchant Bank (RMB) highlights the promising prospects of trade between Nigeria and India, estimated at $11.8 billion, following the…
NDIC Reimburses Depositors of Rested Banks
The Nigeria Deposit Insurance Corporation (NDIC) has announced the reimbursement of depositors affected by the closure of 179 microfinance and…
NCAA Sets Up Committee to Investigate Foreign Airlines’ High Fares
The Nigeria Civil Aviation Authority (NCAA), led by Chris Najomo, has established a 10-man committee to probe foreign airlines regarding…
Bill to amend NDIC Act scale second reading at Senate
A Bill seeking to amend the Nigeria Deposit Insurance Corporation (NDIC) Act No. 63 of 2023 to enhance the corporation’s…
You Can’t Fight Me – Tinubu Dares NLC
President Bola Ahmed Tinubu criticized the recent Nigeria Labour Congress (NLC) protest, cautioning the labor movement against assuming it represents…
Tinubu Directs Cement Companies to Revert to Old Prices- Minister
President Bola Ahmed Tinubu has instructed cement companies to return to previous pricing levels, as disclosed by Minister of Works,…
House of Rep Cautions Tinubu on Orosanye Report Implementation
The House of Representatives has cautioned the Bola Tinubu-led presidency against hastily implementing the Orosanye Report, urging thorough review before…
MMA2 Wins Two Awards at Nigerian Aviation Ceremony
Bi-Courtney Aviation Services Limited (BASL), which operates the Murtala Muhammed Airport Terminal Two (MMA2), proudly announced its success at NIGAV’s…
Delta State Government Partners with UK Firm for Mangrove Restoration Project
The Delta State Government recently finalized an agreement with a United Kingdom firm and other partners to restore mangrove forests,…
Ibom Air Adjusts Flight Schedule After Wet-Lease Discontinuation
Following the termination of its wet-leased aircraft arrangement, Ibom Air has announced adjustments to its flight schedule, assuring passengers that…
SEC May Wield Hammer on Binance, Other crypto Platforms For Illegal Operations
The Securities and Exchange Commission (SEC), Nigeria, is considering imposing huge fines, potentially amounting to billions of dollars, on Binance,…
3.0 Verse Launches Operations in Nigeria to Simplify Digital Assets
3.0 Verse, a digital assets company, has inaugurated its operations in Nigeria, marking its entry into the African market. The…
Naira Records First Gain at Official Market After Rate Hike
The Nigerian naira has experienced a slight appreciation of 0.39 percent in the official foreign exchange (FX) market, marking its…
CBN Resumes Dollar Sales to BDCs to Stabilize Naira
After a three-year hiatus, the Central Bank of Nigeria (CBN) has reinstated dollar sales to Bureau De Change (BDC) operators,…
CBN’s Monetary Policy Committee Raises Interest Rate to 22.75%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), under the leadership of Olayemi Cardoso, announced a…
U.S. Urges UN Security Council Action to End Sudan Conflict
The United States has urged the United Nations Security Council to intervene and help resolve a nearly year-long conflict in…
Oronsaye Report Outdated, Says Shehu Sani
Former lawmaker Senator Shehu Sani has emphasized the need to update the Oronsaye Report before its implementation, citing its obsolescence…