NCDMB strengthens certification to curb fraudulent operators
The Executive Secretary of the Nigerian Content Development and Monitoring Board, Felix Ogbe, on Tuesday announced that the Board has strengthened its…
Business
Vodacom acquires Kenya’s Safaricom with $2.1bn
Vodacom Group Ltd. is set to take control of Safaricom Plc after striking a $2.1 billion deal to acquire additional shares from…
Nigeria chosen as headquarters of new African petroleum regulators forum
Nigeria has been named the headquarters of the newly formed African Petroleum Regulators Forum, with Gbenga Komolafe, head of the Nigerian Upstream…
CAC issues alert on 15 companies operating without registration
The Corporate Affairs Commission has alerted the public to 15 unregistered company names and registration numbers currently being used in business transactions…
India withdraws order mandating pre-installed cybersecurity app for smartphones
The Indian government has withdrawn its directive requiring smartphone makers to pre-install a state-run cybersecurity app on all devices following widespread backlash.…
CBN announces new ATM withdrawal
The Central Bank of Nigeria has updated its cash withdrawal regulations, ending the special authorisation that allowed individuals to withdraw N5 million…
Inefficient automation systems cost manufacturers’ millions – Report
Manufacturers around the world are losing up to 7.5 per cent of their annual revenue due to inefficiencies caused by closed, hardware-dependent…
Local contractors block finance ministry over N500bn unpaid debts
Local contractors from the All Indigenous Contractors Association of Nigeria staged a protest at the Federal Ministry of Finance on Tuesday, blocking…
FG, BoI sign MoU to manage $100m equity fund
The Federal Government, through the Nigerian Content Development and Monitoring Board, on Tuesday signed an MoU with the Bank of Industry to…
DStv subscribers may lose CNN, discovery channels from January 2026
DStv subscribers could lose 12 major Warner Bros. Discovery channels, including CNN, Discovery Channel and Cartoon Network, from January 1, 2026, if…
BoI disbursed N1.27tn to businesses across 14 sectors in 2024
The Bank of Industry reported that it disbursed over N1.27 trillion in 2024, both directly and indirectly, to businesses spanning 14 economic…
Prada completes acquisition of rival Versace
Prada on Tuesday announced it has completed the acquisition of Italian luxury rival Versace, a brand the group said it had pursued…