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Why Nigerian insurance is one of the lowest globally - CPPE

High levies threaten survival of Nigerian airlines, says CPPE

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Lagos signs power purchase deals to boost supply by

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Hackers breach North Korean spy group’s computer

Italy okays extradition of Chinese hacker wanted by US

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Dangote urges govt, private sector partnership to eliminate malaria

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Oil theft: PENGASSAN finger military, others
Oil and Gas

Oil theft: PENGASSAN finger military, others

The Nigerian Army and other security outfits have been accused in the oil theft skirmish by the Petroleum and Natural Gas Senior Staff Association of Nigeria. According to The Punch, PENGASSAN made the accusation during the oil lifting and theft investigation chaired by Senator Akpan Bassey sitting at the Senate on Wednesday. The National President […]

UK, South Korea warn against cyberattacks from North Korea
Banking

Fraudsters hack bank, transfer customers’ N522m

An old generation bank customer’s account was hacked by suspected fraudsters, transferring N523,337,100 from the account to 18 different accounts in the same bank. According to The Punch, the suspect during the three-day cyber attack transferred the hacked funds from the 18 accounts into 225 other accounts domiciled in 22 other banks and financial institutions. […]

First Bank suspends dollar transactions on naira debit cards
Banking

First Bank suspends dollar transactions on naira debit cards

First Bank of Nigeria has suspended international transactions using the Naira Mastercard, Naira Credit Card, our Virtual card, and Visa Prepaid Naira card due to the increasing scarcity of foreign exchange in Nigeria. This was revealed in an email sent to customers that Nairametrics obtained titled “Review of Naira Card cross-border limit.” In addition, only […]

Auction abandoned containers at seaports, NPA urges Customs
Maritime

Auction abandoned containers at seaports, NPA urges Customs

The Nigerian Port Authority has urged the Nigerian Customs to auction the abandoned overtime containers as they are occupying a chunk of the space meant for imported goods. According to BusinessDay, the containers occupying space at Nigeria’s three major seaports, Apapa, Tin-Can Island, and Onne, have increased to over 6,000. These 6,000 twenty-foot equivalent units […]

APO opens 2022 tech festival application to journalists
Conferences

APO opens 2022 tech festival application to journalists

APO Group, a leading Pan-African communications consultancy and press release distribution service have called on qualified African journalist to apply for an opportunity to win an all-expense trip to the 2022 Tech Festival and Travel. Announcing the Africa Tech Festival summit slated for 7 – 11, November 2022 in Cape Town, South Africa, the APO […]

Aviation firm unveils N500m handling equipment
Aviation

Aviation firm unveils N500m handling equipment

The Nigerian Aviation Handling Company Plc, has reportedly unveiled a new set of ground support equipment, which includes four units of high capacity Mallaghan mobile steps with chutes and a 14 tonnes cargo main deck high loader. According to The PUNCH, the firm also unveiled five units of Toyota Coaster buses and one Toyota Hiace […]

Food security: AfDB, Cameroon govt set up €115.05m fund
Foods

Food security: AfDB, Cameroon govt set up €115.05m fund

Adeleke Alade The African Development Bank and the Cameroonian government are in collaboration to set up a €115.05 million fund for the development of Agricultural Value Chains. With financing of €115.05 million, the Agricultural Value Chain Development Project is 77.6% financed by the AfDB Group, 21.5% by the State of Cameroon and 0.9% by beneficiaries. […]

Choiseul holds first business forum in Africa
News

Choiseul holds first business forum in Africa

The African business community will head to Casablanca, Morocco, for the launch of the third edition of the Choiseul Africa Business Forum on October 19 and 20, 2022. After two consecutive editions held in Nice, France, the forum will take place for the first time on the African continent for the first time, with the […]

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  • 21st September 2022
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Climate crisis: African firms back green energy investment
News

Climate crisis: African firms back green energy investment

  Ahead of the Climate Change Conference 2022, a new campaign has been initiated to intensify African efforts to obtain global funding for accessible green energy, necessary for climate catastrophe adaptation. Several African firms backing the Power Up Campaign include Zonke Energy, Kakuma Ventures, Ignite Power and Smiling Through Light. The campaign demands that wealthier […]

Airport security makes five arrests daily - FAAN
Aviation

Airport security makes five arrests daily – FAAN

Managing Director of the Federal Airports Authority of Nigeria, Captain Rabiu Yadudu, said five persons are arrested daily at the Murtala Muhammed Airport, Lagos for infiltrating security. According to Vanguard, Yadudu made the assertion when he spoke during the ongoing works at Runway 18L, reacting to questions bordering on the recent stowaway and other security […]

Anger as customs sell seized vehicles as scrap
News

Anger as customs sell seized vehicles as scrap

Auctioneers have expressed their displeasure over the manner in which the Nigeria Custom Service has allegedly sold about 6,000 impounded vehicles and other items to selected firms and individuals. According to The PUNCH, the auction of the vehicles was marred with various irregularities as it was carried out without open competitive bidding, contrary to the […]

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