Otedola Fumes Over Transcorp Deal.
Femi Otedola, a multibillionaire businessman, claimed on Tuesday that his offer to pay N250 billion for the…
KCB Group Modifies its Investment in NSSF.
The National Social Security Fund (NSSF) sold shares valued at Sh837.2 million in the three months prior to…
CBN Penalizes Shipping Companies that Export Illegal Cargoes from Nigeria.
CBN Governor, Godwin Emefiele, while speaking at the RT200 non-oil export summit 2023 in Abuja with the theme…
Seplat is Mandated to have an Annual General Meeting by the Court.
The annual general meeting of the local energy company Seplat Energy Plc has been mandated by an Abuja-based…
The NCC Approves the Lease of NTEL’s Spectrum to MTN.
MTN Nigeria is given permission by the Nigerian Communications Commission to lease spectrum from Natcom…
Fashola Reports that 383,431 Jobs were Created in Six Years.
Fashola said that from 2016 to 2022, 383,431 jobs were created through the government's infrastructure renewal,…
FG Orders Private Aircraft to Leave Abuja International Airport.
Prior to the new government's anticipated May 29, 2023,inauguration, the Federal Airport Authority of Nigeria has…
IMF Cautions Nigeria that Foreign Loans will Decrease.
Nigeria has been forewarned by the International Monetary Fund to prepare for a substantial decrease in foreign…
CBN’s ‘RT200’ Strategy Increases Fund Repatriation by 40%,…
Godwin Emefiele, the governor of the Central Bank of Nigeria, claimed that the bank's 'Race to USD200bn In FX…
Vantage Capital Buys Promamec Stake in Secondary Deal
A significant minority stake in Promamec will be acquired by Vantage Capital, the largest mezzanine fund manager…
Nigerian payment Startup Nomba Revealed it Secured $30 million in Pre-Series B…
Base10 Partners, based in San Francisco (investors in Nubank, Plaid, and Brex), led the investment, which also…
Reps Query NCC Over Multi-billion Naira USPF Projects.
The Nigerian Communication Commission (NCC) has been questioned by the House of Representatives regarding 1014…
Transcorp Power Receives a Discharge Certificate from Osinbajo.
According to Vice President Yemi Osinbajo, meeting Nigeria's growing energy needs would require "serious" private…
Dangote Refinery Set to Launch May 22nd.
There is new hope for Nigeria to increase its capacity for domestically refined fuel by 103.34 million liters per…
Eight Banks Report Loan Losses at N502 billion.
Eight banks reported N502 billion in net impairment charges in 2022, in an effort to lessen the adverse effects of…
Purchasing Power Falls as FG Slams New Tax Law.
The federal government recently adopted a new tax law that was included in the 2023 Fiscal Policy measures and has…
Nigeria is Ready for Cashless Policy Due to Mobile Transaction Increase.
Economists interpret the recent surge in mobile transaction volumes as a sign that Nigeria is poised for a…
Nigeria, Others Need $7.5 billion to Deepen LPG Usage.
According to the African Refiners and Distributors Association, replacing charcoal with clean cooking gas, also…
Nigerian Oil Production Falls for First Time in Seven Months.
Nigeria's crude oil production fell by 38,102 barrels per day in March, a cumulative monthly loss of about…
FG Advances Biometric Technology to Stop Illegal Mining.
The federal government, through the Ministry of Mines and Steel Development, stressed that collecting biometrics…
NIMC: E-identity is Critical to the Digital Economy.
A strong and secure e-identity system is crucial, according to Aliyu Abubakar, Director-General of the National…
UN Mobilizes N38 Billion for Nigeria’s Agriculture Sector .
In order to enhance Nigeria's agriculture industry from 2023 to 2027, the United Nations will work with the…
Nigeria’s World Bank Borrowing Hits $14.34 Billion In Q1 – Report.
Nigeria's borrowing from the World Bank has reached $14.34 billion as of March 31, 2023. This is up from its…
Guideliness for Contactless Payment Systems will be Released by the CBN.
According to the Central Bank of Nigeria (CBN), guidelines will soon be released to encourage the effective and…
CBN will Provide Rules for Contactless Payments.
According to the Central Bank of Nigeria (CBN), guidelines will soon be released to encourage the effective and…
Dangote Announces Date For Commissioning Of Multi-Billion Refineries
On May 22, President Muhammadu Buhari is anticipated in Lagos to officially open the Dangote Refinery.On Sunday,…
Lagos-Ibadan Expressway: FRSC Issues Traffic Alert For Travellers
In response to a traffic accident that occurred on the Lagos-Ibadan expressway on Sunday, the Federal Road Safety…
Housing Shortage Would be Resolved Through National Mortgage Policy –…
Nasir el-Rufai, the governor of Kaduna State, claims that Nigeria needs a supportive mortgage policy to address…
Stakeholders Attribute the Collapse of Buildings on Inadequate Regulations
Stakeholders in the built environment contend that the bulk of the nation's building failures were caused by the…
President Buhari Set to Commission Dangote Refinery.
According to a spokesperson for the president, Nigerian President Muhammadu Buhari will officially open the…