The Federal Government on Tuesday night announced the takeover of Kano, Benin and Kaduna electricity distribution companies (DisCos) by Fidelity Bank Plc after the bank initiated...
The Presidential Enabling Business Environment Council (PEBEC) has ranked the Nigeria Immigration Service (NIS) the best in enhancing the federal government’s policy on ease of doing...
Open Access Data Centres (OADC) today announced the appointment of African data centre industry leader Dr Ayotunde Coker as its Chief Executive Officer (CEO). Under his...
Global inflation has seen a steady uptick on the back of supply chain disruptions that started since the COVID-19 global pandemic. Today, major economies across the...
Both local and foreign investors on the Nigerian Exchange Limited (NGX) traded N485.4billion worth of equities in the second quarter (Q2) of 2022. This is an...
First Bank of Nigeria Limited has launched FirstGem fund (FirstGem loan), a single-digit loan scheme, exclusively designed to put women at an advantage in contributing to...
Nigeria’s Minister of Communications and Digital Economy, Prof. Isa Ibrahim Pantami says the country has the potential of critical mass of ‘digital natives’ that can transform...
Mara, a pan-African company that offers an ever-expanding suite of crypto products, has announced the pre-launch of the Mara Wallet, a portal to the cryptoeconomy focused...
Losing momentum from Monday’s bullish outlook, the Nigerian stock market on Tuesday reversed its previous gains as investors parted with N85.65 billion. This could be attributed...
African Export-Import Bank has signed a financing deal with UTM Offshore Limited at its 29th Annual Meetings in Cairo, Egypt recently. As part of the new...
By Ahmed Ayanfe In a bid to douse the tension as a result of the Monkeypox outbreak in the country, the Director General of National Center...
The regulator of the insurance industry, the National Insurance Commission (NAICOM), has cancelled the certificates of registration of Niger Insurance Plc and Standard Alliance Insurance Plc....
The United States Soybean Export Council (USSEC) has held a meeting in Lagos, with stakeholders in the Nigerian soybean industry, agribusiness experts, importers, and executives of...
Nigeria lost at least $1.8 billion yearly between 2010 and 2019 as a result of the federal government’s protectionist measures, the World Bank has said. According to the...
MTN Communications Limited’s newly licensed Mobile Money Payment Service Bank Limited (MOMO PSB) has alleged a fraudulent loss of N22 billion in one month of operations....
First Bank of Nigeria Limited has announced the launch of the FirstGem fund (FirstGem loan) a single-digit loan scheme, targeted at female entrepreneurs. Folake Ani-Mumuney, Group...
Ahmed Ayanfe The cost of importing raw sugar into Nigeria in a 12-month period spanning the second quarter of 2021 to the first quarter of 2022...
The Federal Government (FG) has commenced implementation of the N10 per litre tax on sugar-sweetened beverages (SSB) aimed at combating non-communicable diseases. The SSB tax was...
Despite forwarding to the Independent National Electoral Commission (IENC), last week, the name of Ibrahim Kabir Masari from Katsina State as his running mate, presidential candidate...
By Umar Suleiman The Kebbi State Government has allocated 200 hectares of land to a private investor to set up a 5,600 megawatts solar power plant...