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Senate Passes Electoral Act Amendment Bill, Approves Electronic Transmission,…
The Senate on Tuesday approved the conference committee report on the Electoral Act Amendment Bill.
The report…
Nigerian Raw Sugar Imports Gulp N580.8bn
Nigerian firms backed by Federal Government’s Backward Integrated Programme (BIP) have taken delivery of raw sugar…
Africa’s 125.8bn Crude Oil Reserves Slump by 500m Barrels in 2021
The 125.8 billion crude oil reserves owned by 17 African countries have depleted by about 500 million barrels this…
FAAN Plans Tough Punishments To Tackle Corrupt Practices At Airports
The Federal Airports Authority of Nigeria on Monday declared that henceforth any public or private sector official…
Mobile Money Service Approval Sends MTN Nigeria Shares Up 9.34% To All Time High
Shares of Nigeria's second biggest listed company MTN Nigeria MTNN.LG rose 9.34% to an all time high on Monday…
Transactions In Fixed Income, Currency Market Up 94.9%
Turnover in the fixed income and currency (FIC) market rose to N24.03 trillion in September, 2021, representing a…
Meta Launches Facebook Business Coach For SMBs In Africa
Meta, an American multinational technology company, said it will be launching Facebook Business Coach, an…
Cooking Gas Price Jumps By 240%, Marketers Halt Imports
Importers of Liquefied Petroleum Gas, popularly called cooking gas, have stopped importing the commodity.…
Lagos Tops As States Half Year IGR Reaches N849.12 Billion
The 36 states of the federation and Federal Capital Territory recorded a combined Internationally Generated Revenue…
Don’t Create Artificial Fuel Scarcity, NNPC Cautions Nigerians
The Nigerian National Petroleum Corporation (NNPC) has once cautioned members of the public against engaging in…
Nigerians Are Safe With 5G Network – FG Clarifies
The Executive Vice Chairman of the National Communications Commission, Prof. Umar Danbatta on Monday in Abuja again…
As Inflation Bites, Nigeria Small Businesses Struggle To Survive
Every morning, Esther George rises before dawn to prepare a cooler of rice and a large pot of beans, as well as…
Five Dealer Managers To Handle UBA Dollar-Denominated Bond
United Bank for Africa Plc has contracted five dealer managers to administer its five-year fixed rate benchmark…
Uber Posts Net Loss Of $2.4 Billion In Q3, But Delivery Business Outperforms
On Thursday, November 4, 2021, Uber announced its third-quarter earnings. In after-hours trading, shares rose 1%…
World Bank: Moving Goods Locally In Nigeria Is Expensive
The World Bank says it costs more to move goods locally in Nigerian than in the United States of America, stating…
Twitter Plans To Allow Space User Access Live Audio Session
Social media giant, Twitter is improving on its functionality to allow Spaces users access live audio sessions …
Africa Requires $2.8 Trillion Investment To Transition To Clean Energy By 2050 –…
Energy experts at PricewaterhouseCoopers (PwC) have said that African countries will need an estimated $2.8…
E-Naira Complete N46.3Million Transactions Since Launching
The eNaira, Africa’s first digital currency, successfully completed N46.3 million worth of transactions in less…
Jaiz Bank Recorded N3.3 Billion Q3 Profit Before Tax
Jaiz Bank Plc has declared a N3.3 billion profit before tax of N3.3 billion in the third quarter of this year.…
New Cybersecurity Format Threatens Hybrid Workplace
Latest Security report, titled: Out of Sight and Out of Mind, a comprehensive global study highlighting how the…
Meta (Facebook) Plans To Open It’s First Retail Store
Meta is in discussion and may soon open its first retail store as it looks to break into the metaverse to allow the…
Nigeria: Private Sector Credit Hit N33.8 Trillion
Nigeria’s credit to the private sector ballooned to another all-time high of N33.8 trillion as of September 2021.…
Nigeria: Over 40 Million Unbanked Adult To Enjoy Mobile Money
Estimated at over 40 million, Nigeria’s unbanked adult population who are mostly in the hard-to-reach rural…
Robinhood Said Third Party Obtained Access To Customers Email
Robinhood Markets said on Monday a third party had obtained access to the email addresses of about five million of…
Nigeria Stock Market Investors Gain N643.1 Billion
The Nigerian stock market began the week on a positive note as investors gained N643.14bn at the end of trading on…
CBN 100 For 100 PPP Maximum Is N5 Billion
The Central Bank of Nigeria has fixed the maximum loan amount that a participant in its newly introduced…
Rainoil Acquires Majority Stake In Eterna Plc
Rainoil Limited, a leading player in the downstream oil and gas industry, has completed the acquisition of majority…
Twitter Users Suggest Elon Musk Should Sell Part Of Tesla Stake To Pay Tax
Twitter users have voted that Elon Musk, the billionaire founder of Tesla Inc., should sell 10 percent of his stake…
Cryptocurrency Market Now Worth Over $3 Billion
The world cryptocurrency market is worth more than $3 trillion for the first time, according to calculations…
EFCC Operatives Clash With Prison Officials Over Custody Of Maina
There was a commotion at the federal high court in Abuja on Monday after the sentencing of Abdulrasheed Maina,…