Sectors
News about Companies, SMEs, Startups
FG, Labour agree cut in electricity tariff for 3 months, to distribute 6 million free meters
Labour and FG have reached an agreement to cut electricity tariff for 3 months and supply millions of free meters.
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NERC says Discos will compensate electricity consumers for power delivery failure
Discos have been warned to compensate consumers should they fail to supply them the required amount of electricity in the...
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Ripple’s money transfer network available in Nigeria
RippleNet, is now live in 55 countries including Nigeria, with XRP remittances now live in five continents.
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FG estimates that alternative petrol, CNG would cost N97 per litre
FG, following its estimation claims alternatives to petrol, could be much cheaper.
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CBN directs banks to confirm Swift transactions within 2 business days
The CBN has directed all deposit money banks to ensure full compliance with Swift Universal Confirmation requirements.
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FG approves the establishment of Shoe, Garment, and Leather processing factories worth N5.08 billion
The Federal Government has approved the establishment of Shoe, Garment, and Leather factories in Kano and Abia.
Read moreDetailsRipple ventures into lending
Ripple’s Line of Credit provides upfront access to capital for every market through one simple credit arrangement.
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Samsung Electronics profits increased by 58% in the third quarter
The company said its profits increased by 58% from July - September.
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Square buys $50 million worth of Bitcoins
Twitter's Jack Dorsey on October 8th disclosed it purchased, 4,709 bitcoins at an estimated worth of $50 million.
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Senate investigates Nigerian banks over ATM, SMS, and maintenance charges
The Senate is set to investigate alleged illicit and excess bank charges by commercial banks operating in the country.
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