Climate Change: UK Commits £200million to Nigeria and Others.
The African Development Bank's Climate Action Window will get £200 million in support from the UK, according to…
As the Cryptocurrency Market Collapses, Binance Intends to Purchase FTX.
To aid with a "liquidity bottleneck" at the rival exchange, cryptocurrency giant Binance reached a non-binding…
Banks, MTN, and Airtel will all Collect VAT on their Goods.
Beginning in January 2023, MTN, Airtel, and all money deposit institutions serve as agents; for the Federal Inland…
NAICOM Develops Strategies for the Insurance Sector’s Expansion.
The National Insurance Commission has reaffirmed its commitment to using a variety of approaches to bring the…
Queues Persist as Petrol Stock Dips by 5.48m litres
According to market statistics issued, the Nigerian National Petroleum Company Limited's stock of Premium Motor…
COP27: Nigeria Seeks $400billion for its Energy Transformation Strategy.
The Federal Government is advocating for $400 billion in funds to aid in the implementation of Nigeria's Energy…
Food Security is Harmed by Severe Floods in West Africa.
The 50-year-old father of 12 is one of an estimated 4 million individuals in more than a dozen nations in West and…
Naira is Now One of the World’s Worst-performing Currencies.
The Nigerian naira is technically doing well this year; down just 4% against a strong US dollar and ahead of the…
FG Equips 1,859 Nigerians to Expand their Agribusiness.
The National Directorate of Employment (NDE) has taken a strategic step toward ending Nigeria's unemployment; by…
Reduced Foreign Exchange Transactions to N320 billion in 9months due to Inflation,…
Investigations by the Daily Sun show that total international transactions on the platform of the Nigerian…
NDLEA Informs public on Introduction of Fentanyl to Nigeria Market.
The National Drug Law Enforcement Agency (NDLEA) has alerted authorities to a drug cartel's intention to enter the…
Nigeria’s Oil Production Deficit Reaches 184.1 million Barrels.
According to data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigeria was only able to…
Jumia CEOs Resign over Company Losses.
Sacha Poignonnec and Jeremy Hodara, the co-founders and co-CEOs of Jumia Technologies, have both resigned from…
Dangote Cement Begins a Recycling Initiative.
Dangote Cement announced the commencement of its "DangCi rcular" circular economy initiative.The new effort seeks…
As Investment Slows, Tech Employees might Lose their Jobs.
Tech firms around the world are having trouble raising money. According to research, investments in the Nigerian…
FG Pledges to Invest $457million in Off-grid Electrification Projects.
The federal government has pledged $392 million and disbursed a total of $64.8 million; for the creation of…
Nigeria is Driving Infrastructure Investment in Africa to Increase Gas Exports.
In order to increase the export of gas to Europe and other continents, Mallam Mele Kyari, Group Chief Executive…
Oil Theft: Vessel Arrested In Equatorial Guinea Is On Its Way Back To Nigeria,…
A supertanker detained by Equatorial Guinean authorities for allegedly transporting crude into Nigeria, is the…
Ghanaian Demonstrators Call for the President to Resign Due to the Economic…
One of the worst-performing currencies in a region that is feeling the effects of a global economic downturn is…
Nigeria FG Prepares Supplemental Budget Due to Depreciation and Rising Inflation.
Due to a further weakening of the naira and soaring inflation, which have rendered the 2023 budget unaffordable,…
Financial Crimes: Hushpuppi Bags 11years.
Ramon "HUSHPUPPI" Abbas, a well-known Instagram user, was given an 11-year prison term in the US. He was detained…
In Spite of a Prolonged Recession, the Bank of England Raises Rates by the Highest…
On Thursday, the Bank of England increased interest rates to their highest level since 1989; but issued a warning…
Nigeria’s Power Production Increases in 48 hours and Reaches 4,864MW.
Power generation on the national grid climbed by 834.8 megawatts, reaching a peak of 4,863.7MW.The grid generated…
Flood: FEC Approves N506billion Contract for East-West Road.
The East-West Road Project Sections 1-4 from Warri to Port Harcourt, Eket, and Oron contract value was N260…
Stakeholders want Nigeria to Adopt Ghana’s Port System.
Stakeholders have advocated for Nigeria to adopt Ghana's Single Window System and Trade-Net, an electronic data…
According to Emefiele, the CBN is Creating New Legislation to Address…
According to the Governor of the Central Bank of Nigeria (CBN), threats to the financial service system prompted…
OPEC: Half of Africa’s Refining Output will come from Dangote’s…
According to the Organization of Petroleum Exporting Countries (OPEC), more than half of Africa's total extra…
Nigeria Loses 120million Barrels of Petroleum and $12.6billion in Nine Months.
Between January and September of this year, Nigeria lost no less than 120 million barrels of crude oil; due to a…
Financial Watchdog Investigates Sportsbet and Bet365 on Grounds of Money…
On the grounds that Sportsbet and Bet365 may not have complied with anti-money laundering regulations, the…
Telcos make N1.92billion from Calls and Data.
Between January and September 2022, MTN and Airtel earned N1.92 trillion on calls and data. This is information…