N3 trillion required to provide short-term relief and replace damaged infrastructure – NEMA
NEMA has disclosed that to tackle and address the various disasters across the county, it would need nearly N3 trillion.
Seven Energy Group sells assets, as British oil firm completes acquisition
The Seven Energy Group has just completed the sale of its assets in an acquisition, by a British firm, Savannah Petroleum Plc.
Experts lament rising inflation over border closure
Some experts have raised alarm over rising inflation as a result of the closure of Nigeria's land borders.
Mutual Fund: Nigerian investor discloses his 10 years investment that nosedived
Before you invest in a Mutual Fund, you need to read the experience of a Nigerian Researcher, Solomon Udoh, so you won’t get your fingers burnt.
Liquidate Asset Management Corporation of Nigeria – CBN, NDIC, Ernst & Young
AMCON might cease to be operational has CBN, NDIC and Ernst & Young called for the institution to be scrapped.
Worry for Nigeria as forecast shows OPEC countries will face a challenging 2020
The International Energy Agency has projected that members of OPEC and all the other OPEC+ countries, will face very stiff competition in 2020.
Petrol importation drops by 512 million litres in 3 months
The NBS, in its latest Petroleum Product Import and consumption report, disclosed that the importation of PMS reduced by 11%.
Confusion rocks Medview as NCAA’s plan to withdraw license threaten job
Plans by the Nigerian Civil Aviation Authority (NCAA) to withdraw the operating license of Medview Airlines has caused confusion in the company.
Telcos kick against Pantami’s directive on Automatic Voicemails
Telcos said that the allegation contained in the statement released by Minister Pantami was untrue as the telcos were not forcing voicemail (VM) services on subscribers.
Outrage as RwandAir dumps luggage belonging to Nigerians in Dubai
Some Nigerians have been left frustrated after they discovered that RwandAir (flag carrier airline of Rwanda) dumped their luggage in Dubai.
NNPC inks $1.16 million deal to deliver power project
NNPC has signed a $1.16 million deal with USTDA for the funding of the NNPC-Abuja Independent Power Project.
Open Banking Nigeria gets backing from eTranzact and Accounteer
eTranzact International Plc and Accounteer disclosed they were partnering with Open Banking Nigeria.
FG reiterates commitment to rejig steel sector, moves to ban steel importation
In a bid to revive the steel sector and encourage the local steel manufacturing industry, FG is considering the total ban on steel importation.
Firm issues warning over Seplat Petroleum’s acquisition of Eland Oil & Gas
Starcrest Nigeria Energy Limited has issued a stern warning on the acquisition of Eland Oil & Gas by Seplat Petroleum Development Plc.
Network operators accept government’s ‘shared facility arrangement’ that limits financial risk
Telecommunications companies have expressed their willingness to operate a shared facility proposed by the Federal Government.
Afreximbank urges Nigeria, other African countries to take advantage of opportunities in AfCFTA
The President of Afreximbank, Prof. Benedict Oramah has urged Nigerians and other African countries to take advantage of AfCFTA.
Pantami moves to ban automatic voicemail service by telcos
Dr Isa Pantami has ordered the deactivation of automatic voicemails on existing phone lines in the country, according to Nigerian Tribune.
Has Twitter’s Jack Dorsey changed the popular narrative attached to Nigerians
It came as a surprise when Twitter's Co-founder, Jack Dorsey offered Nigerian tech developer, Dara Oladosu a job during his visit to Nigeria.
PalmPay launches new payment app
PalmPay has launched a new mobile wallet application in Nigeria to aid CBN’s cashless policy and reward users with bonuses.
Ropeways, AfDB reap gains at Africa Investment Summit
Dr Akinwumi Adesina has said that transactions worth $40.1 billion have been secured at the second edition of the African Investment Forum.
Jack Ma visits Nigeria, highlights investment prospects
Alibaba Group’s Co-founder and former Executive Chairman, Jack Ma, made a surprise visit to Nigeria today.
Google wants to start banking with you
Google (@Google) has expressed intentions to start providing financial solutions to its customers.
Nigeria Customs Service wants FG to reintroduce import tax
The Comptroller-General of the Nigeria Customs Service, Col Hameed Ali, has called on FG to return import tax on petroleum products.
Q3 ’19: Jumia grows revenue by 52%
Jumia's global business has continued to show an improvement quarter on as it recorded significant increase across its major financial indices.
Nigerian pencil industry in dire need of investment, govt support – stakeholder
BAMIB Resources and Investments Company Limited has asked the FGN to support the manufacturing of Made-in-Nigeria pencils.
State governments own most bad roads – Finance Minister says
Minister of Finance, Budget and National Planning, Zainab Ahmed has said that most of the bad roads in Nigeria belong to the states.
FG sets up committee to boost revenue in mining sector
In a bid to generate more revenue in the mining sector in the country, the Federal Government has set up a 14-member committee.
Interest rate on T-bills heads for single digit, as investors seek higher returns
The Treasury Bills Auction of the Central Bank of Nigeria (CBN) held on Wednesday was fully subscribed.
Nigeria’s infrastructure gap: Too little too late?
Nigeria’s huge infrastructural deficit remains a topical discourse and poses a major hindrance to the growth of businesses and economic prosperity.
This NNPC initiative aims to solve the problem of tanker explosions
The management of NNPC said there is a new initiative in place which is aimed at preventing future incidents of petrol tanker accidents.