Section
Business
635 stories
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NBS: Telcos record 2.4% voice subscription decline over NIN/SIM linkage
Nigeria’s telecom sector experienced a 2.4 per cent decline in active voice subscriptions in the first quarter of 2024, according to data from the National Bureau of Statistics,…
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NDIC insures depositors’ funds up to N5m, OPay reassures customers
One of the leading financial technology companies in Nigeria, OPay, has reassured its customers that their deposits are now insured up to N5m, which is the industry standard…
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CAC extends PoS registration deadline to September 5
The Corporate Affairs Commission, CAC, has announced the approval to extend the mandatory Point of Sales agents, super agents and sole agents registration to September 5th, 2024. The…
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Six Companies Get Licences To Distribute Power
Six more licences have been issued to different firms for the independent distribution of electricity in Nigeria. This is according to data obtained from the Nigerian Electricity Regulatory…
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Discrepancy in account names delaying Heritage Bank customers’ payment – NDIC
The Nigeria Deposit Insurance Corporation (NDIC) says account name discrepancies in Bank Verification Numbers (BVN) linked to the alternate accounts of some defunct Heritage Bank customers are delaying…
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Fire outbreak at Dangote Refinery, no casualty recorded
A fire outbreak has been reported in a section of the Dangote Petroleum Refinery located in the Ibeju-Lekki area of Lagos State, Nigeria. A video clip which went…
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Shoprite to close Abuja branch June 30
Shoprite Mall has announced its intention to cease operation in one of its Abuja branches from June 30, 2024. The branch is situated at Novare Central Mall in…
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Like Kenya, Nigeria on edge of bankruptcy – Prof. Akinyemi
Former Foreign Affairs Minister Professor Bolaji Akinyemi has said that Nigeria is on the verge of bankruptcy due to incessant borrowing, adding that in six months, President Tinubu’s…
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Nothing should happen to Dangote refinery, CSO warns IOCs in Kebbi
A civil society organisations operating in Kebbi state, Initiative for Defence of Democracy and Justice, has warned international oil companies ICOs operating in Nigeria to halt efforts to…
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AMFSON Holds OGM, Inaugurates National, Port Harcourt Excos
The Association of Mega Filling Station Owners of Nigeria (AMFSON) has inaugurated its national executive committee with Chief Davison Nwankwo as the national President. The inauguration ceremony was…

