N1.02trn Power Bailout Funds fail to Lift sector
N1.02trn Power Bailout Funds fail to Lift sector
The Federal Government has committed the sum of N1.023 trillion in bailouts in the form of low...
ETranzact Strengthens Financial Inclusion With 10,000 Mobile Money Agents
ETranzact Strengthens Financial Inclusion With 10,000 Mobile Money Agents
ETranzact, Africa’s e-payments solution provider, is set to strenghten financial inclusion by expanding its PocketMoni service...
Lumos Donates 100 Solar Systems to Nigerian Army
Lumos Donates 100 Solar Systems to Nigerian Army
As part of its Corporate Social Responsibility (CSR) to Nigeria, Lumos, Nigeria’s foremost solar power and off-grid...
BoI To Disburse N250bn To MSMEs At Single Digit Interest
BoI To Disburse N250bn To MSMEs At Single Digit Interest
The Managing Director, Bank of Industry, Mr Olukayode Pitan, has said the $750m (N250bn) syndicated...
Firm Launches New Digital Currency
Firm Launches New Digital Currency
A Nigerian blockchain technology and digital currency firm, eWealthAtlantic, has introduced a new digital currency, called CoinForAll.
The firm said in...
OANDO Insider Dealing: Ex-DG SEC, Gwarzo Vindicated by London Court
OANDO Insider Dealing: Ex-DG SEC, Gwarzo Vindicated by London Court
…Orders Tinubu, Boyo to Pay $680m
The suspended Director General of the Securities and Exchange Commission...
Stock Market Loses N320bn On Political Uncertainties, Profit-taking
Stock Market Loses N320bn On Political Uncertainties, Profit-taking
With two weeks into the second half (H2) of the year, the Nigerian equities market has lost...
NNPC Plans 14mw Oil Palm-biodiesel Project For Cross River Communities
NNPC Plans 14mw Oil Palm-biodiesel Project For Cross River Communities
The Nigerian National Petroleum Corporation (NNPC) has commenced comprehensive community integration and stakeholders’ engagement to...
Chinese economy slows down in Q2
Chinese economy slows down in Q2
Chinese growth slowed slightly in the second quarter as the world’s number two economy faced a snowballing trade fight...
Ibeto Group, Chinese Firm to Start 2 Cement Plants in Ebonyi
Ibeto Group, Chinese Firm to Start 2 Cement Plants in Ebonyi
The Ibeto Group and Sinomas Chinese Group of Companies have concluded plans to establish...
SEC Dedicated to robust Market – Uduk
SEC Dedicated to robust Market - Uduk
The Securities and Exchange Commission, SEC has restated its dedication to collaborate with relevant stakeholders to further...
China Offshore Oil Firm to Invest $3bn in Nigeria
China Offshore Oil Firm to Invest $3bn in Nigeria
The Management of China National Offshore Oil Corporation (CNOOC) has expressed readiness to invest additional $3billion...
Dangote gets $650m Afreximbank loan for Lekki refinery
Dangote gets $650m Afreximbank loan for Lekki refinery
Africa’s richest man, Aliko Dangote, has signed a $650 million loan facility with the African Export-Import Bank...
Nigeria, Netherlands trade volume hit N1.2trn
Nigeria, Netherlands trade volume hit N1.2trn
Nigeria Ambassador to the Netherlands, Oji Ngofa has expressed satisfaction with the current volume of trade between the two...
AMCON Seizes Sigma Apartments Over ₦1bn Debt
AMCON Seizes Sigma Apartments Over ₦1bn Debt
Hon. Justice Binta Nyako of the Federal High Court Abuja Division has granted an order for Asset Management...
FAAC: No Grudge With NNPC- States
FAAC: No Grudge With NNPC- States
Following another deadlock in the meeting of the Federation Accounts Allocation Committee (FAAC) last week, the 36 States’ Commissioners...
FIRS Hits N2.52trn Tax Collection in 6 Months
FIRS Hits N2.52trn Tax Collection in 6 Months
The Federal Inland Revenue Service has announced that it realized a total of N2.52 trillion from various...
Stanbic IBTC, Dangote Cement Partners On N50b Commercial Paper Issuance
Stanbic IBTC, Dangote Cement Partners On N50b Commercial Paper Issuance
Stanbic IBTC Capital, and Stanbic IBTC Bank, subsidiaies of Stanbic IBTC Holdings Plc, have partnered...
Ondo Ready for Bitumen Exploration
Ondo Ready for Bitumen Exploration
Ondo State Governor, Oluwarotimi Akeredolu has said that the mining and exploration of bitumen in the state would commence before...
$1.3bn Abuja Light Rail Debuts
$1.3bn Abuja Light Rail Debuts
President Muhammdu Buhari on Thursday commissioned the $1.3bn first Abuja Light Rail system in demonstration of the commitment to address...
