Business

NNPCL targets four FIDs by 2025, posts N5.89tn

  • 12th June 2025

FCCPC unveils taskforce to combat counterfeit products nationwide 

  • 12th June 2025

Mauritius firm to acquire 26% stake in Nigerian

  • 9th June 2025
Nvidia unveils new AI, gaming chips, desktop computer at CES 2025

UK regulator partner Nvidia to allow banks experiment

  • 9th June 2025

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Aviation

Israel shuts embassies globally after striking Iran

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Meta hires Scale AI CEO in $14.3bn deal

Meta hires Scale AI CEO in $14.3bn deal

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Fraud losses decline in Nigerian banks in Q1 2024 - Report

Key sectors to benefit from banking recapitalisation

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Blog

New naira'll make ransom payment difficult - CBN
Banking

Four banks record 477,405 unresolved complaints in 12 months –Reports

Within a period of one year spanning January 1 to December 31, 2020, four top banks in Nigeria recorded a total of 477,405 unresolved customer complaints. The banks are Zenith, Guaranty Trust Bank, United Bank for Africa and Access Bank. The figures were arrived at after analysing the 2020 annual financial reports of the banks. […]

Economy Investment

Ajaokuta steel: Experts fault FG’s plan to engage British firm

Experts in the steel industry have kicked against the Federal Government’s alleged move to engage a British firm in reviving the Ajaokuta Steel Company. Speaking with the News Agency of Nigeria on Friday in Abuja, the stakeholders expressed displeasure against the backdrop of employing a British firm to revive the Ajaokuta steel mill, saying it […]

Investment Real Estate

Canada to ban Nigerians, others from buying homes

Canada is set to ban Nigerians and other foreigners from buying homes for two years as prices of real estate properties soar in the North American country. The measure will help the country provide billions of dollars to spur construction activity in an attempt to cool off a surging real-estate market, Bloomberg reported Thursday. According […]

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  • 7th April 2022
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Economy

Nigeria has over 80,000 refugees, 3.2 million IDPs -UN

The United Nations High Commissioner for Refugees, the UN agency for refugees, on Wednesday, said over 80,000 refugees and 3.2 million internally displaced persons were in Nigeria and in dire need of help. It said most Nigerians were unaware that the country was hosting over 80,000 refugees, particularly in the southern states, as the bulk […]

Transportation

Air passengers grow by 34% in Nigeria, others — IATA

The International Air Transport Association says air travel in Nigeria and other African countries grew by 34.7 per cent in February. The Geneva-based trade association representing over 230 international/global airlines said Africa posted a strong rebound in February 2022 compared to January 2022 while Omicron-related impacts moderated outside of Asia. It added that the war […]

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  • 7th April 2022
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Telecommunications

SIM-NIN: Deactivated subscribers want three-month extension

A large number of telecommunication subscribers trying to link their National Identification Number and Subscriber Identity Module together were left frustrated on Wednesday as heavy traffic on telecom networks slowed down the process. This is coming after the Federal Government through telecom companies barred Nigerians who had not linked their SIMs and NINs together from […]

100% cashless economy possible in Nigeria - Emefiele
Banking

Crypto transaction: CBN fines three banks N800m

The Central Bank of Nigeria has imposed an N800m fine on three Deposit Money Banks in the country for violating regulations barring customers from transacting in cryptocurrencies. According to a Bloomberg report released on Wednesday, the three banks are Access Bank Plc, Stanbic IBTC, and the United Bank for Africa Plc. The report noted that […]

New naira'll make ransom payment difficult - CBN
Banking

CBN warns of illegal firms promising outrageous returns

THE Central Bank of Nigeria has warned the public to avoid dealing with unlicensed or illegal financial operators who lure and defraud unsuspecting members of the public with promises of outrageous returns. The CBN disclosed this in the Financial Services Regulation Coordinating Committee’s public statement advisory on illegal financial operators in Nigeria posted on its […]

Economy

Dangote refinery’ll drive industrial revolution in Africa –FG

THE Minister of Information and Culture, Lai Mohammed, has described the Dangote Petroleum Refinery as a project that will revolutionise the petroleum industry in not only Nigeria, but the rest of Africa by extension. Speaking during a media tour of the 650,000 barrels-per-day, $19bn facility at Ibeju-Lekki, Lagos State,  Mohammed said the refinery would be […]

Economy

Nigeria’s total debt may hit N50tn – Report

THE Centre for the Promotion of Private Enterprise has said that Nigeria’s debt, including that of the Asset Management Corporation of Nigeria and borrowings from the Central Bank of Nigeria, can hit N50tn within the shortest possible time. The Chief Executive Officer, CPPE, Dr. Muda Yusuf, said this during an event to present the 2022 […]

Ports and Airports

NIMASA denies responsibility as gunboat sinks in Lagos

The Nigerian Maritime Administration and Safety Agency has denied responsibility for a gunboat that reportedly sank in Lagos on Sunday. The NIMASA/Barugu, a gunboat reportedly in the fleet of Global West Vessels Specialists, was alleged to have been parked at the Kirikiri Terminal, behind the NIMASA Resource Centre. In a video circulating online, seafarers onboard […]

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