Business

Fraudsters demand crypto for safe passage through Strait

  • 21st April 2026

Tinubu appoints Fatima Zuntu as NBMA director-general

  • 21st April 2026

FCCPC hails judgment reinforcing its statutory enforcement powers

  • 21st April 2026

DisCos remitted N77.99 billion in Q4 2025 –

  • 21st April 2026

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Tinubu appoints Fatima Zuntu as NBMA director-general

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Tech

Binanace to acquire rival crypto platform FTX

The world’s largest cryptocurrency company, Binance has reached a deal to acquire its rival FTX.COM.   Although, the transaction excludes FTX.us and Binance.us two distinct companies focused on the United States.   The deal was confirmed by FXT founder and CEO, Sam Bankman Fried on Tuesday via his official Twitter handle.   In his tweet […]

Oil and Gas

NUPENG suspends proposed strike after LASG intervention

The National Union of Petroleum and Natural Gas Workers has called off its proposed strike before the November 6 ultimatum following the Lagos State government intervention.   The NUPENG chairman in Lagos, Tayo Aboyeji told the News Agency of Nigeria, on Tuesday, that the intervention of the state government was instrumental in calling off the […]

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Business News

Petroleum marketers demand access to forex

The Depots, and Petroleum Products Marketers Association of Nigeria on Tuesday asked the Federal Government to allow its members access foreign exchange at the official rate. The association said such gesture would boost fuel supply across the country. The DAPPMAN’s Chairman, Mrs Winifred Akpani, while speaking during a press conference in Lagos State, said accessing […]

E-commerce

Binance approves naira deposits, withdrawals

Binance, the world’s biggest cryptocurrency exchange firm, announced that it now allows naira deposits and withdrawals.   The firm made this announcement via its BinanceAfrica Twitter handle on Monday, November 7.   It tweeted, “Cashlink is now live on @BinanceAfrica to enable deposits and withdrawals of Fiat (NGN). #Biglinkup #NGNisBackonBinance”   To this end, Nigerian […]

IGR
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How governors can improve IGR – Commission

The Fiscal Responsibility Commission has advised state governors across Nigeria to develop revenue-generating mechanisms in their respective states. The commission’s Executive Chairman, Victor Muruako, said it was important for governors to exploit their ingenuity in preparing for post crude oil revenue era. Muruako gave the advice on Tuesday during the opening of a three-day technical […]

Energy

Rwanda launches $104m green investment facility

In its bid to spur investment in private sector-led green growth through sustainable financing, Rwanda has launched a new 104 million dollars green investment facility. Rwandan President Paul Kagame said $104 million initial capitalisation was provided by the Development Bank of Rwanda and other partners. The initiative named Irene Invest was launched as a side […]

Business

Jumia CEOs step down as new management emerge

The co-founders of Jumia, Jeremy Hodara and Sacha Poignonnec, have stepped down as co-CEOs of the African eCommerce giant This is as the company announced several management changes, including the establishment of a new management board, according to TechCabal. While the search for a permanent CEO is ongoing, Francis Dufay has been named by the […]

Agribusiness

Climate change: Bill, Melinda Gates donate $1.4b to African farmers

The Bill & Melinda Gates Foundation announced today that it would contribute $1.4 billion to support smallholder farmers in addressing the short- and long-term effects of climate change, joining calls from African leaders for countries to quickly scale up financing for climate adaptation. This was disclosed the Gates Foundation CEO Mark Suzman, at the 27th […]

Telecommunications

ATC Africa announces partnership with Power X

The African division of American Tower Corporation and PowerX recently announced a strategic partnership that will optimize energy use at tower sites and bring to Africa’s telecommunications industry the significant efficiency and environmental benefits of PowerX’s artificial intelligence solutions. Following a fruitful cooperative initiative, ATC Africa started using PowerX’s AI analytics at a few sites […]

Banking

Union Bank, Morocco’s Attijariwafa partner to boost cross-border trade

Union Bank of Nigeria has entered into a partnership agreement with Morocco’s Attijariwafa Bank in order to support their shared vision for Pan-African development. With this business partnership, Union Bank which happens to be one of Nigeria’s oldest financial institutions, seeks to reach a wider audience outside of the country. Customers of Union Bank in […]

Electricity

How DisCos paid NBET N212bn in six months – Report

Electricity distribution companies otherwise known as DisCos, paid N212 billion of their total invoice to the Nigerian Bulk Electricity Trading Plc, between January and June 2022. According to the Nigerian Tribune, this is based on a total invoice value of N388 billion and a minimum remittance order of N315 billion. The report also stated that […]

Makinde
Agribusiness

Makinde targets agribusiness for economic development

The Oyo State Governor, Seyi Makinde, has reiterated the commitment of his administration toward developing the state economy through agribusiness. Makinde gave the assurance during an inspection tour to the Agro-Industrial Estate project at Fashola Village in the Oyo West Local Government area of the state. The governor, who was at the Farm Settlement to […]

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