Anambra, EEDC sign 18 hours daily electricity supply deal
The Anambra State Government and the Enugu Electricity Distribution Company have signed an MoU, which will see major cities in Anambra start getting at least 18 hours of power supply…
Bank of Zambia okays Access Bank, African Banking Corporation merger
The Bank of Zambia has given its final regulatory permission for one of Access Holdings Plc's subsidiaries, Access Bank Zambia Ltd, to buy and integrate African Banking Corporation Zambia Limited…
CBN denies rumors on suspension of OPAY, PALMPAY
The rumors that the Central Bank of Nigeria has suspended accounts of Fintech businesses like OPAY and PALMPAY have been labeled as false by the bank. The viral rumor is…
Access Bank, stakeholders call for rise in women representation at workplaces
By Christian George As Access Bank marks its 2023 International Women’s Day on Thursday in Lagos, stakeholders have called for effective representation of women in the workplace. Delivering a…
Chad nationalizes all Exxon Mobil’s assets
The West African nation’s energy and hydrocarbons ministry said in a statement on Thursday that Chad has nationalized all assets and rights, including hydrocarbon permits and exploration and production authorizations,…
Direct commercial banks to overhaul e-platforms, Reps urge CBN
Wilson Adekumola The House of Representatives has urged the Central Bank of Nigeria, to give directives to all commercial banks in the country to as a matter of urgency…
Japan’s Consumer Price Index rises by 3.1%
Japan's Consumer Prices Index rose by 3.1% year-on-year in February, which is a slower rate than the four-decade highs seen in previous months. AFP reported that the figure excludes fresh…
Group urges president-elect to create enabling environment for private sector
Wilson Adekumola The Harvard Kennedy School Alumni Association of Nigeria has urged the president-elect to cater to the needs of the people and create an enabling environment for…
Nigeria Air will begin flight soon– FG
The Federal Government through the Ministry of Aviation has disclosed that local and international flights of the national carrier, Nigeria Air will begin soon. This was despite the controversies around…
How Ford’s EV business lost $2bn in 2022 – Report
Ford Motor Company announced on Thursday that its electric car business lost $2.1 billion in operational profit last year, which was more than offset by $10 billion in operating profit…
Hoodlums damage N1bn worth properties at Zamfara NBTI centre
Hoodlums have vandalised the building of the National Board for Technology Incubation in Zamfara state. The News Agency of Nigeria reported that the hoodlums took advantage of celebrations trailing…
International airlines raise exchange rate to N551/$1
International Airline operators in Nigeria have reportedly adjusted their exchange rate from N462/$1 to N551/$1. Nairametrics reported that airlines adjusted the exchange rate on their Global Distribution System owned…
