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Condom prices may rise amid Iran supply disruptions

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Flutterwave denies reports of $75m FG investment

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Condom prices may rise amid Iran supply disruptions —

Business

CBN warns Nigerians against fraudulent messages, online scams

Scams
No region has 50% access to healthcare equipment — Report

Stakeholders launch health insurance programme for vulnerable Nigerians

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Crude oil

Crude oil surge boosts Nigeria’s revenue by $4 billion

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Agribusiness

Edo govt supports farmers with rice mills, others

The Edo State Government has acquired equipment and trained farmers for agro-processing in its quest to boost food production across different locations in the state.   The Commissioner for Agriculture and Food Security, Stephen Idehenre, made this known while addressing farmers at the Rubber Estate Nigeria Limited, Ovia South-West Local Government Area, noting that the […]

featured News

New naira notes’ll help control money circulation – CBN

The Governor, Central Bank of Nigeria, Godwin Emefiele, has said the newly redesigned currency will help the apex bank control money in circulation. Emefiele also said the initiative was not targeted at anyone and that it would give the nation’s lender control over the amount of money in circulation. He stated this while briefing State […]

Buhari unveils SDG financing framework
Economy featured

Buhari justifies cashless economy policy

The President, Major General Muhammadu Buhari (retd.), has reiterated the need for a cashless economy in Nigeria. According to The Nation, Buhari said this in Lagos, on Tuesday, at the luncheon and official unveiling of the National Institute of Credit Administration Act. He stated that a cashless economy remains one of the enduring legacies any […]

Emefiele orders banks to dispense old naira notes - Soludo
Economy

Inflation: CBN raises interest rate to 16.5%

The Monetary Policy Committee of the Central Bank of Nigeria have voted to increase the benchmark interest rate by 100 basis points to 16.5 per cent, the highest since 2001.   The CBN Governor, Godwin Emefiele, disclosed this while reading the communique of the last MPC meeting of the year on Tuesday.   The MPC […]

Economy

Inflation: NBCC raises concerns over excise duty increment

The Nigeria-British Chamber of Commerce has warned that the proposed increment in the excise duty by the federal government will lead to more inflation in the country.   Daily Post reported that the organisation made this assertion via a statement issued on Tuesday by its President, Mrs Bisi Adeyemi.   Recall, that the federal government […]

Oil and Gas

Shell completes offshore FPSO’s maintenance

Shell Nigeria Exploration and Production Company Limited has announced the completion of the Turn Around Maintainance of its offshore Floating Production Storage and Offloading Vessel, titled: ‘Bonga’.   The company’s Media Relations Manager, Abimbola Essien-Nellson made this announcement in a statement on Monday.   According to the Tide, the completion of the mandatory overhaul of […]

M-Pesa
News

Vodacom, MultiChoice partner on app development

Vodacom Tanzania has announced a partnership with MultiChoice Tanzania’s DStv, allowing subscribers to access the digital television service through the M-Pesa app via the MyDStv App. The mobile operator acknowledged that it wants to turn M-Pesa into a Super App and ecosystem that other apps can operate and integrate into, much like the Google Play […]

Telkom
News

South Africa’s Telkom under pressure as shares plummets

South African company, Telkom is facing pressure on its profit margins as its share price falls by more than 30 percent over the last month. It was gathered that this was a result of poor results and the failure of telecommunication giant, MTN to take over the operator. The company had earlier warned its stakeholders […]

Kitack-Lim’s
Economy

World economy needs Nigeria – IMO

The Secretary-General of the International Maritime Organisation, Kitack Lim, has reiterated the importance of Nigeria to the growth of the world’s economy. This was disclosed through a press statement signed by the Assistant Director, Public Relations, Nigerian Maritime Administration and Safety Agency, Osagie Edward, in Lagos. Kitack, in his address at a ‘meet and greet’ reception […]

Tech

Egypt’s Grinta raise $9.5m for tech project

Egypt’s digital pharmaceutical platform, Grinta, has raised over $8 million Seed funding to facilitate the growth of its full-stack tech platform, team expansion and growth across the Egyptian market.   According to Techeconomy, the event was co-led by Raed Ventures and Nclude, with participation from investors including Silicon Valley-based Endeavor Catalyst and 500 Global, bringing […]

Banking

Access bank launches tech-modified agents’ kiosks

Access Bank commissioned and empowered Access Closa agents across Nigeria with Solar powered fiber kiosks.   According to a statement by the bank, the technologically modified kiosks are expected to support their business and boost the visibility of their locations.   This, the financial institution said, would help to provide more than banking services to […]

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