Business

Two new products, which provide internet connectivity solutions specially designed for Residential and SME commercial customers, have been unveiled by digital solutions company, Globacom. The products, Fibre to…

Nigerian customers of the Guaranty Trust Bank (GTB) are grappling with network downtime, rendering transactions impossible via the bank’s app, USSD or Point of Sale terminals. As observed…

There are indications that Nigeria’s huge dependence on imported petrol would reduce as the $20 billion Dangote Refinery has concluded plans to begin supply of petrol to Nigeria’s…

Nigeria’s Dangote refinery supplies petroleum products to local market. According to Reuters, Dangote’s group executive, Devakumar Edwin, confirmed shipping of diesel and jet fuel into the local market.…

The Nigerian Midstream Downstream Petroleum Regulatory Authority (NMDPRA) has announced an increase in the price of natural gas for strategic sectors. A statement signed by NMDPRA’s chief executive,…

The Association of Bureaux de Change Operators of Nigeria (ABCON) has lauded the decision of the Central Bank of Nigeria (CBN) to recall Bureaux De Change (BDCs) into…

The top five banks have a shortfall of N1.5 trillion to meet the new minimum capital base announced yesterday by the Central Bank of Nigeria, CBN for international…

The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, says Dangote refinery and other local crude oil refining facilities in the country have been complaining of lack of feedstock. Consequently,…

The Central Bank of Nigeria (CBN) on Thursday unveiled a new minimum capital base for banks. According to the CBN, the new minimum capital base for commercial banks…

The Commandant General Special Intelligence Squad of the Nigeria Security & Civil Defence Corps (NSCDC) has uncovered an illegal oil bunkering site in Ubeaku Waterside in Ukwa East…