CBN Injects $500m Into Forex Market, Vows To Clear Backlog Soon
In a move aimed at addressing the persistent backlog of verified foreign exchange (forex) transactions, the Central Bank of Nigeria...
Fed Govt Vows To Recover Unpaid Royalties From Miners
The Federal Government says it is poised to recover “several trillions of naira” unpaid royalties/ taxes from licensed miners. The...
Dangote Refinery To Produce Gasoline, Polypropylene From March
The President/Chief Executive of Dangote Industries Limited, Aliko Dangote, has hinted that by March 2024, Dangote Refinery will produce gasoline...
NNPCL To Pay Pending $1.76bn Equity In Dangote Refinery
The Nigerian National Petroleum Company Limited (NNPCL) is to pay its pending $1.76 billion equity in Dangote Refinery with $2.5/barrel...
Glo Rewards Subscribers With Business Class Tickets To Europe
Many Glo subscribers in Abuja, Warri and Lagos were overjoyed when the digital solutions provider presented them with business class...
Sanusi Supports Relocation Of Some CBN Depts From Abuja To Lagos
Former CBN Governor Sanusi Lamido Sanusi has supported the relocation of some departments of the apex bank from Abuja to...
Power Generation Crashes To 3,383MW Despite Hike In Tariff
The recent increase in electricity tariff by the Nigerian Electricity Regulatory Commission, NERC, has failed to translate to improvement in...
TCN Blames Gas Shortage For Poor Power Supply
The Transmission Company of Nigeria (TCN) has confirmed a report by The PUNCH that the poor power supply being experienced...
OPay Blocks Accounts Not Linked To NIN-BVN From March 1
Opay, a leading financial technology company, has said that customers who are non-compliant with the Know Your Customer (KYC) directive...
Kwara Gov: Glo Is Nigeria’s Great Ambassador
Leading national telecom carrier, Globacom, has been described by Kwara State Governor, Mallam AbdulRahman AbdulRazaq, as proudly homegrown and one...