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N5.7 Trillion Spent For Darkness Eight Years After Privatisation In Nigeria
In what most industry players and consumer right groups, yesterday, described as payment for darkness, Nigerians,…
Federal Government Begins Clamp Down On Banks Aiding ‘Fiscal Carelessness’ Of…
The Federal Government may begin to clamp down on banks and other financial institutions aiding “fiscal…
Debt Management Office To Issue N250Billion Sukuk Bond
The Debt Management Office (DMO) says it will issue about N250 billion Sukuk to finance road projects.The DMO said…
NCC Assures Of Renewed Commitment To Collaborate With Industry Stakeholders
The telecoms industry regulator, Nigerian Communications Commission (NCC), has assured Nigerians of its renewed…
Nigeria Stock Exchange: Trading Of Financial Derivatives Will Assist In Developing…
The Nigeria Exchange Limited (NGX) has stated that trading of financial derivatives in Nigeria through the…
Nigerian National Petroleum Corporation Contribution To Federation Account Dropped…
The total contribution of the Nigerian National Petroleum Corporation (NNPC) to the federation account dropped by…
CBN: Nigeria’s External Reserves Increase By $5.05 Billion
Nigeria’s external reserves rose by $5.05bn in October, the latest data from the Central Bank of Nigeria showed on…
Facebook Respond To Privacy Concern, To Shut Down Facial Recognition
Scandal-hit Facebook is shutting down its long-criticized facial recognition system and deleting scan data on a…
NIPC Announce $8.99 Billion Investment With Lagos State Topping The List With 81…
The Nigerian Investment Promotion Commission (NIPC) said it tracked $8.99 billion as investment announcements in…
Microsoft Announces Mesh For Microsoft Teams
Microsoft is launching Mesh for Microsoft Teams , a service that combines the AR/VR capabilities of Microsoft Mesh…
94 Percent Of Yearly Pharmaceutical And Medicinal Needs Importation Cost Africa At…
Pharmacists under the aegis of the Pharmaceutical Society of Nigeria (PSN), yesterday, said Africa loses at least…
Nigerian Navy Sign Contract To Purchase Offshore Patrol Vessels
The Nigerian Navy yesterday signed a contract with a Turkish company, Messrs Dearsan Shipyard Limited for the…
Acceptance Of £20 And £50 Old Notes To End By December 31st: Deposit Money Banks
Deposit Money Banks in Nigeria have issued a deadline of December 31, 2021 for the acceptance of old £20 and £50…
JAMB Recorded N3.51 Billion As Part Of 3021 Operating Surplus
The Joint Admissions and Matriculation Board (JAMB) has remitted the sum of N3.51 billion to the national treasury…
NCC Engage Stakeholders On 5G Implementation In Nigeria
The Nigerian Communications Commission says it engage stakeholders this week on the Fifth Generation spectrum…
E-Naira Is More Reliable Than Cryptocurrency: CBN
The Central Bank of Nigeria has said that the eNaira is more reliable than cryptocurrencies.
The CBN Director of…
Deportation – Hundreds of Nigerians in Kuwait Beg Govt to Fast Track…
About 600 Nigerians residing in Kuwait are at the risk of being deported over the failure to get their…
NNPC Rule Out Hike In Pump Price Of Products
The Nigerian National Petroleum Corporation has admitted that there are pricing issues at some petrol depots in the…
CBN Moves To Fix Domestic Output, FX Constraints For Manufacturing
mes Emejo examines the Central Bank of Nigeria (CBN) “100 for 100 PPP – Policy on Production and Productivity”…
First Bank Launch Digital Centre
First Bank of Nigeria Limited has announced the launch of its fully automated branch, called the FirstBank Digital…
Nigeria States Made N2.33 Trillion From PAYE In Three Years
The 36 states in Nigeria and the Federal Capital Territory earned N2.33tn from Pay As You Earn in three years,…
Amid Covid-19 Outbreak Nigerians Banks Closed 234 Branches And 649 ATMs In 2020:…
The International Monetary Fund (IMF) says Nigerian banks closed 234 branches and 649 automated teller machines…
Nigeria Stock Exchange Gained N19.11 Billion
Stock investors in the Nigerian Exchange Limited gained N19.11bn at the end of trading on Tuesday, despite negative…
CBN And SEC Sanction Five Banks For Various Infractions
The Central Bank of Nigeria and the Securities and Exchange Commission have sanctioned five major banks for…
FG Hopeful Dangote Petroleum Refinery, NNPC, And Other Modular Refineries Will…
The 650,000bpd Dangote Petroleum Refinery, Nigerian National Petroleum Corporation (NNPC) and other modular…
Nigerian Sovereign Investment Authority Allocation To Be Blocked By House Of Rep…
The House of Representatives’ Committee on Finance has vowed to block allocation to Nigerian Sovereign Investment…
Dangote Cement Records 34.2 Percent Revenue Growth In Nine Month
Dangote Cement Plc, the largest Cement producer with nearly 48.6Mta capacity across Africa, published nine-month…
International Breweries Recorded 32.1% 2021 Q3 Revenue Growth
International Breweries recorded a revenue growth of 32.1% to N46.43 billion in the third quarter of 2021. This is…
E-Naira:Phone Application For People Without Bank Account To Be Release Soon
The Chief Executive Officer of Bitt Inc., Brian Popelka, has said a phone application for people without bank…
Federal Government To Ensure The Reduction Of Insider Abuse Of Nuclear Assets
The federal government, through the National Atomic Energy Commission (NAEC), has underscored the need to ensure…