NSIB Praises the FG for the Airport Fire Tenders.
The Federal Government's efforts to improve aviation safety in the nation by purchasing fire tenders for airports!-->…
FG and US Company Ink MoU on $15 billion Rail Project.
Atlanta Global Resources Inc. of the United States and the Federal Government, acting through the Ministry of the!-->…
Banks and Telcos Meet as USSD Debt Reaches N100 billion.
Deposit Money Banks' total debt to telecom companies for Unstructured Supplementary Service Data has exceeded N100!-->…
FG Removes Power Companies from the National Grid.
The Federal Government said that it had started removing some power companies from the national grid because they!-->…
World Bank: Diaspora Nigerians Remitted $168 billion in Eight Years.
In the last eight years, the Nigerian Diaspora has sent $168.33 billion to Nigeria, according to data compiled by!-->…
A Nationwide Blackout is Imminent as Energy Drops Below 4,000 MW.
Customers across the nation had a limited supply of electricity over the weekend as power generation to the!-->…
Ioc: Nigeria Lost N2.3tn Revenue to Oil Theft in a Year.
Due to problems with pipeline vandalism and the ensuing oil theft, Nigeria lost the chance to produce and export!-->…
NNPCL: AKK Pipeline Construction Gulped $1.1bn.
According to Mele Kyari, group chief executive officer of NNPC Ltd., the Nigerian National Petroleum Company!-->…
40% Pay Rise – Crisis Looms in Nigeria Universities.
There are signs that university unions may protest the federal government for allegedly leaving their members out!-->…
Sudan War: The Only Viable Exit for Nigerians Is By Road – Government.
The federal government declared Friday night that a road evacuation of Nigerians from the war-torn Sudan was the!-->…
Criterion Africa Partners Completes Investment in Merensky Timber.
Merensky Timber, one of the top integrated timber product companies in Africa and a fully owned subsidiary of Hans!-->…
AFC Equity Investment to Buy Ghana-focused Aker Energy.
Aker Energy, the owner of the Pecan oilfield off the coast of Ghana, will be purchased through a deal mediated by!-->…
Raxio Secures $170m Funding for Data Center Rollout in Africa.
To aid in its expansion throughout the continent, pan-African data center developer Raxio Data Centres has!-->…
DPI Acquires ex-Louis Dreyfus Company Solevo.
Development Partners International ("DPI"), an investment business with a focus on Africa, has acquired Solevo!-->…
In One Week, Investors Lost N304 billion.
The market capitalization lost N304 billion to end the week at N27.963 trillion, and the All-Share Index decreased!-->…
USA Donates $5.7 million to Aid Nigeria.
Nigeria will receive $5.7 million in assistance from the United States of America to oversee elections. This was!-->…
Nigeria Currently Owes the World Bank 6 trillion.
Nigeria moved up the list of the top 10 International Development Association borrowers due to increasing debt.!-->…
FG: IOCs Moved $21bn Investments to Other Countries.
According to the Federal Government, between 2014 and 2022, the majority of foreign oil corporations that work in!-->…
NBS Set to Release Unemployment Rate in May.
By May 2023, the National Bureau of Statistics will present updated employment and unemployment rates for the!-->…
Lagos Paid retirees N50billion in Four Years.
According to Mrs. Ajibola Ponnle, Commissioner for Establishments, Training, and Pensions, Lagos paid its retirees!-->…
Eight Banks Earn N225 billion from E-banking Fees.
As cashless transactions increased to N395.47tn in 2022, eight banks made N224.69bn from electronic banking fees.
!-->!-->…
FG Gives the NSITF Infrastructure Upgrade Concession a N15 billion Approval.
The second phase of the computerized Nigeria Social Insurance Trust Fund, which will allow concessionaires to!-->…
Insecurity: Local Rice Price Increased by 200%
The price of one kilogram of local rice has increased by 211.52% in seven years as a result of rising insecurity!-->…
FEC Approves N142bn e-Customs Project.
Notwithstanding rumors of an existing court injunction prohibiting it from moving forward with the project, the!-->…
Union Bank’s Earnings Increase by 19%.
According to Union Bank of Nigeria Plc, its total earnings increased by 19% to N208. 2 billion in the 2022 fiscal!-->…
FAAC: Allocation Decreases as FG, States, and LGs Split N715 billion.
According to the Federal Account Allocation Committee, in March 2023, N714.63 billion was distributed across the!-->…
CBN: Currency in Circulation Rises by 71% to N1.6tn.
After the Central Bank of Nigeria changed its stance on the redesign of the naira, the amount of currency in!-->…
Leadway Assurance: Implements Security Measures Against Hackers.
According to Leadway Assurance Company Ltd, it has taken "mitigation steps" after discovering a hacker intrusion!-->…
What to Expect As CBN Moves To Gather Dormant, Unclaimed Funds.
The exposure draft of rules on the administration of dormant accounts, unclaimed balances, and other financial!-->…
Poll Shows Several British Don’t Want To Pay For Coronation
According to a recent poll that was performed and released on Tuesday, more than half of British citizens do not!-->…