NCC Says SIM Registration Of 95.7m Persons Invalid Nigerian Communications Commission (NCC), yesterday disclosed that since the Subscriber Identity Module (SIM) card registration exercise started in 2011, “a total of 151,449,837 registration data of subscribers have been processed, with only...

CBN records N718.0b, $1.1b from NCR in 2018 Central Bank of Nigeria (CBN) has said that it recorded a huge leap in the value of financing statements under the National Collateral Registry (NCR) in the last five years from N487...

AfDB Mobilises $38.7b Investment to Africa President of Africa Development Bank (AfDB) Dr. Akinwunmi Adesina, said that the African Investment Forum facilitated by the bank in 2018 succeeded in mobilising $38.7 billion of investments for African. Adesina said that of...

NNPC, Customs, DPR Collaborate to Tackle Petroleum Products Smuggling Worried by the growing incidents of petroleum products smuggling across the nation’s border towns, the Nigerian National Petroleum Corporation (NNPC), Nigeria Customs Service (NCS) and the Department of Petroleum Resources (DPR)...

Olam to acquire Dangote flour mill for N130bn Olam International, a Singaporean agro-allied company, has offered N130 billion to acquire Dangote Flour Mill (DFM). Dangote Flour Mills, in a notice to the Nigerian Stock Exchange (NSE), said that the total consideration...

NNPC May Become Unprofitable With Continuous Subsidy - Kachikwu The Nigerian National Petroleum Corporation (NNPC) may become unprofitable with the subsidizing of petrol consumption, Minister of state for Petroleum Resources Dr Ibe Kachikwu has said. Kachikwu, also disclosed that the country’s...