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FG plans 7,000 digital hospitals for rural areas

  • 28th May 2025

FCCPC accuses MTN, others of evading service over

  • 28th May 2025

Rescue efforts continue after deadly blast at Eastern

  • 28th May 2025
Cut corporate tax to 7.5%, NACCIMA urges Tinubu

FG provides details on Tinubu’s $21.5b external loan

  • 28th May 2025

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NSITF partners NIMC to integrate workers’ data 

Business

FG plans 7,000 digital hospitals for rural areas –

Business
9mobile secures NCC approval for roaming on MTN network

9mobile secures NCC approval for roaming on MTN network

News

Bali named World’s top island destination 

Travel

Blog

Why oil theft estimates are unrealistic- Navy
Economy Oil and Gas

External reserves loses $313m as oil price fluctuates

NIGERIA’S external reserves fell by $313m in March, according to figures obtained from the Central Bank of Nigeria on Thursday. The CBN’s figures showed that the foreign exchange reserves, which commenced March 1, 2022, at $39.86bn, fell to $39.55bn as of March 30, 2022. Following the invasion of Ukraine by Russian forces, crude oil prices […]

News

Association seeks govt support to regulate table water industry

The Association of Table Water Producers has asked the federal, state, and local governments to come up with a legal framework to help fight charlatans in the industry. The group said this would enable the industry to carry out its roles as contained in the laws guiding the activities of its operators. In a statement, […]

Economy Energy

Diesel: Telcos lament high operational cost, seek intervention

Telecommunication providers under the aegis of the Association of Licensed Telecommunications Operators of Nigeria have said the rising cost of diesel has impacted negatively on their operational costs and that they are set to approach the Federal Government for special interventions. The President of ALTON, Mr Gbenga Adebayo, disclosed this during a press conference on […]

Banking

Nigeria has over 70 online lending apps – FCCPC

THE Federal Government has said there are about 70 to 90 online lending applications currently operated by various firms in Nigeria. The Executive Vice Chairman, Federal Competition & Consumer Protection Commission, Babatunde Irukera, made the disclosure in Lagos on Thursday, during a collaborative engagement with the media to review and analyse the state of the […]

Banking

Four banks lost N1.77bn to fraud in 2021, says report

Four Nigerian deposit money banks lost a total of N1.77bn to fraudulent activities involving the banks’ employees and consumers in 2021. This was contained in the 2021 financial statements of the banks. The banks are Access Bank Plc, Guaranty Trust Bank Plc, First Monument City Bank, and Wema Bank. The Nigeria Inter-Bank Settlement System, a […]

Nigeria, Morocco commence 5,600km gas pipeline project
Energy

Subsidiaries summons: NNPC has nothing to hide, Kyari tells lawmakers

The Group Managing Director of the Nigerian National Petroleum Company Limited, Mele Kyari, has said the NNPC has nothing to hide and will comply with the request of the House of Representatives Committee on Public Accounts. Kyari disclosed this following the request by the House of Representatives Committee on Public Accounts seeking the appearance of […]

News Policy and Regulations

Senate threatens Akpabio, NDDC boss arrest over N2.2bn contractors’ fees

THE Senate’s Committee on Ethics, Privileges and Public Petitions has summoned the Minister of Niger Delta Affairs, Godswill Akpabio, and the Sole Administrator of Niger Delta Development Commission, Mr Effiong Akwa, over non-payment of N2.2bn to contractors. The committee said it was acting on petitions filed by Akom Survey Services Limited over alleged refusal by […]

News

Tribunal stops MultiChoice from increasing DStv, GOtv tariffs

A Competition and Consumer Protection Tribunal sitting in Abuja has restrained Multi-Choice Nigeria Limited from increasing its tariffs and cost of products and services scheduled to begin on April 1. The three-member tribunal presided over by Thomas Okosun, gave the order following an ex-parte motion moved by Festus Onifade, a legal practitioner, on behalf of […]

100% cashless economy possible in Nigeria - Emefiele
News

Emefiele, a serious contender, says Harvard economist

AN Harvard University economist, Oliver McPherson-Smith, has described the Governor of the Central Bank of Nigeria, Godwin Emefiele, as a serious contender for the position of President of Nigeria in the forthcoming 2023 general elections. In an opinion piece, McPherson-Smith said Emefiele’s supporters had seen the potential of the CBN boss and had continued to […]

News

Telcos warn of disruptions in 11 states over Kogi’s clampdown

THE Kogi State Government through its Kogi State Internal Revenue Service agency has shut down a number of critical telecommunications sites in the state in a bid to force telecom operators to pay more taxes and levies. According to the Association of Licensed Telecommunications Operators of Nigeria, this is likely to cause a potential communications […]

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