NIN registration hits 80.7 million weeks after SIM ban
The Nigeria Identity Management Commission has issued 80.7 million National Identification Numbers, exactly 19 days after the agency deactivated about 72 million telecommunication subscribers for failing to comply with the…
Lagos to demolish over 10 distressed buildings before Sunday
As part of the ongoing efforts to rid Lagos State of distressed buildings, the Lagos State Building Control Agency says it has marked over 10 structures in the state for…
Nigeria loses N91bn oil in one month – Analysis
Statistics have shown that Nigeria lost N91bn worth of oil to various technical issues in just one month. Data sourced from the Nigerian National Petroleum Corporation’s latest Monthly Financial and…
Fuel scarcity won’t spread to Lagos, others – Marketers
Oil marketers have said that the fuel scarcity being experienced in Abuja will not spread to Lagos State and other parts of the country. In an interview on Wednesday, the…
Fintech startup boosts money management service
Halo Financial Services Limited, a fintech start-up, has launched an innovative service that will help Nigerians manage and grow their money. During a press briefing in Lagos on Wednesday, the…
Nigerian paper mills collapse, imports hit N297bn in six months
Nigerian paper mills have collapsed years after privatisation, forcing the economy to depend on imported paper for its needs. According to data from the National Bureau of Statistics data, Nigeria…
Bank loans to govt rise to N16.32tn – CBN
The total net credit by the Nigerian banking sector to the government rose by N2.2tn in the first quarter ended March 2022 to N16.32tn. Figures obtained from the Central Bank…
Nigeria, 10 ECOWAS countries in debt distress – Report
A new report by the Nigerian Economic Summit Group and the Open Society Initiative for West Africa has disclosed that Nigeria and 10 other Economic Community of West African States…
Reps kick as Kyari keeps mum on oil swap deal
THE Group Managing Director of the Nigerian National Petroleum Company Limited, Mele Kyari, on Tuesday, finally appeared before the House of Representatives’ Ad Hoc Committee on the State of Refineries…
Afolabi becomes SIFAX Group new board chairman
The board of SIFAX Group has announced the appointment of Dr Taiwo Afolabi as the new board chairman of the company. In a statement, the Group Head, Corporate Communications, SIFAX…
N1.8bn debt: AMCON takes over Aeroland Travels’ assets
THE Asset Management Corporation of Nigeria said it had taken over assets belonging to Aeroland Travels Limited, and its directors over indebtedness of N1.8bn. A statement from AMCON spokesperson, Jude…
Jet-A1: NNPC, airlines agree on three-month supply at N480/litre
The House of Representatives on Monday held a stakeholders meeting to resolve the crisis trailing the aviation fuel price increase, with the Nigerian National Petroleum Company Limited and domestic airline…
