Unity bank projects N10.8bn gross earnings Q3 2022
Unity Bank Plc has announced that it aims to achieve N10.890 billion in gross earnings for the third quarter of 2022. Nairametrics reports state that Unity bank, in its Q1…
NCC tasks Nasarawa PLWDs on NIN-SIM linkage
The Nigerian Communications Commission has appealed to Persons Living With Disabilities in Nasarawa State to approach their preferred telecommunication companies and link their National Identification Number to their Subscriber Identity…
NNPC’s verified Twitter account hacked, recovered
The Nigerian National Petroleum Company Limited, which alarmed the general public that its official Twitter account was hacked and used to send inappropriate messages on June 8, 2022, has now…
FG gains N19.2bn from gold, others in Q1 – NBS
The National Bureau of Statistics had shown that the Federal Government had gained N19.2bn in the first quarter of 2022 from gold deposits despite not having a robust gold extraction…
28 banks Join $500m pan-African settlement platform
One year after the African Continental Free Trade Agreement take-off, no fewer than 28 banks in Africa joined the Pan-African Payment and Settlement System, which took off with a $500m…
UBA redeems five-year $500m Eurobond
The United Bank for Africa has redeemed its debut $500 million five-year Eurobond notes which matured on Wednesday. The Nation reported that the Eurobond notes issued in 2017 were offered…
Forex trader bags two years jail for N20m theft
A forex trader identified as Shola Henry was sentenced to two years imprisonment on Tuesday by the Domestic Violence and Sexual Offences Court, Ikeja, Lagos State, for N20m theft. The…
Nigeria’s debt hit $3.67bn, China imports rise by 183.91%
Nigeria's imports from China rose by 183.91 percent from N530.98bn in the first quarter of 2018 to N1.51tn in Q1 2022. According to the National Bureau of Statistics data on…
Energy transition: Natural gas remains Nigeria’s best option – FG
The Minister of State for Petroleum Resources, Chief Timiprye Sylva said natural gas remains the only viable option currently on the table as the race to the adoption of energy…
E-payment: Nigerians’ spending on utility bills rises by 387%
The amount Nigerians spent on electronic bills such as power and other utilities grew by 387.19 per cent from N189.50bn in the first four months of 2019 to N923.24bn in…
Nigeria Air receives operating license from NCAA
Nigeria's proposed national carrier, Nigeria Air, has received an Air Transport License from the Nigerian Civil Aviation Authority. The interim management of the country's national carrier, led by Captain Dapo…
FG to confirm increment of petrol freight rate
The Federal Government is expected to issue a circular confirming the increased the increase of freight rates of Premium Motor Spirit, otherwise known as petrol, by N10 per litre. The…
