FG urges private sector to maximise AfCFTA
The Federal Government has called on the Nigerian private sector to maximize the African Continental Free Trade…
IMF set to launch $50bn lifeline for Nigeria, others
The International Monetary Fund is set to launch a $50bn trust fund for low-income and vulnerable middle-income…
DMO Record N139 Billion Oversubscribed Jan 2022 FGN Bond
Nigeria’s Federal Government bond issuance for the month of January 2021, by the Debt Management Office (DMO)…
Import And Export Operations Requires E-Invoice- CBN
The Central Bank of Nigeria has said that all import and export operations will require the submission of an…
Nigeria:OMLs Awarded To Addax Petroleum Has Been Revoked
The Federal Government has revoked oil mining licences awarded to Chinese firm, Addax Petroleum, for the second…
Cryptocurrency Exchange”Crypto.com” Lost Over $30 Million To Hackers
In a blog post published in the early hours of Thursday morning, cryptocurrency exchange Crypto.com acknowledged…
U.S. Senate Panel To Debate App Store Reform Bill
A U.S. Senate panel is set on Thursday to debate a bill that aims to rein in app stores of companies that some…
Nigerian Tech Startup, Touch And Pay, Joins The W22 Y Combinator Accelerator…
Touch and Pay (TAP), a cowry card payment system, has now been listed in the W22 Y Combinator batch, bringing the …
Capital Market Rose By N248 Billion
The dominance of the bulls continued unabated for the third consecutive session, yesterday, as almost all the blue…
Nigeria: Federal Inland Revenue Service To Prioritize Taxation Of Digital Economy
The Federal Inland Revenue Service (FIRS) said it would give priority to the taxation of the digital economy this…
Indonesia Non-Government Islamic Organizations Issue Warning Against Crypto Use
The Tarjih Council and the Central Executive Tajdid of Muhammadiyah, one of the largest non-government Islamic…
FG’s 2022 Budget Has 460 Duplicated Projects Worth N378.9b — BudgIT
BudgIT, a foremost civic-tech organization leading the advocacy for transparency and accountability in Nigeria’s…
Foreign Inflows Fall By 32%, UK, South Africa, Others Slash Nigeria Investments
The Central Bank of Nigeria has disclosed that capital importation into the country fell by 32 per cent to $500m in…
International Airlines Cancel Flights To US Over 5G
It’s strange that 5G will cause interference, says telcos
International airlines are beginning to cancel scheduled…
Nigeria To Partner Egypt On Technical Support For Power Transmission
The Federal Government has announced plans to partner Egypt in the areas of technical support in the transmission…
WeTransfer Owner WeRock Seeks $714-813 Million Valuation In IPO
The company that owns the WeTransfer file service will be valued at between 629 million and 716 million euros…
Amazon Set To Open It’s First Apparel Store
The first Amazon Style store, located in the Los Angeles suburb of Glendale, Calif., will open its doors later this…
10-Year U.S. Treasury Yield Rise Above 1.83 Percent
The sudden spike in the 10-year U.S. Treasury yield eased on Thursday morning, with it rising slightly to hover…
Dangote Oil Refinery To Reduce Importation Of Petroleum Products By 36 Per cent
The African Petroleum Producers Organisation (APPO) has said that Dangote Oil Refinery would reduce importation of…
Norway “Telenor” Partners With Amazon To Modernize Its Telecoms Systems
Norway's Telenor said on Thursday it had partnered with Amazon Web Services (AWS) to speed up the modernisation of…
Nigeria: FEC Approves N56.2 Billion For Road Construction
The federal executive council (FEC) has approved contracts worth N56.2 billion for the construction of…
Naira depreciates as banks shift BTA/PTA rates to N419 per dollar
The value of the Nigerian naira depreciated by 1.5 percent as banks shifted personal travel allowance (PTA) and…
Oracle Opens Data Centre In South Africa
Oracle, a cloud infrastructure firm, says it has opened a data centre in South Africa — its first cloud region in…
Nigerian Food-Tech Startup “Orda”Raises $1m In Pre Seed Round
Orda, a Nigerian food-tech startup, says it has raised a pre-seed round capital of $1.1 million to expand its…
Nigeria: Tinubu, Alpha Beta Ex-MD Considers Out-Of-Court Settlement
A former Managing Director of Alpha Beta Consulting, Dapo Apara, the All Progressives Congress leader, Bola Tinubu;…
Oil Hit Highest Price Since 2014
Oil jumped to a seven-year high early on Tuesday, a day after Yemeni Houthis attacked targets in the United Arab…
Nigeria: President Buhari to unveil CBN rice pyramids
President Buhari will unveil one million pyramid-shaped sacks of rice paddy in Abuja today.
The pyramids which…
After eight months of decline, Nigeria’s inflation rate rises to 15.63%
After eight months of decline, Nigeria’s headline inflation rate rose to 15.36% in December 2021, from 15.50%…
Parallex transforms from microfinance to commercial bank
Parallex Bank says it has officially transitioned from a microfinance institution to a commercial bank.
The bank…
Insurance firms’ assets hit N2.09tn amidst recapitalisation suspension
The insurance sector’s total assets have risen by N228.24bn in 15 months despite the suspension of the National…