Cable theft: EKEDC records over N1.2bn loss
The Eko Electricity Distribution Company says it has lost over N1.2 billion of its assets and electrical installations to vandalism alone in…
Business
FG mandates NIN for business registration
The federal government has announced that Nigerians wouldn’t be able to start businesses without the National Identification Number. Alhaji Garba Abubakar, the…
Amazon shuts down wholesale business in India
The United States online retailer Amazon on Monday said that it would shut down its wholesale distribution business in India as it…
UK, Nigeria trade volume hits £5.5bn
The United Kingdom and Nigeria said the trade volume between the two countries stood at 5.5 billion pounds. This is contained in…
Why fuel scarcity persist – Marketers
The Independent Petroleum Association of Nigeria has attributed the current fuel scarcity to unavailability of petroleum products and difficulty in accessing foreign…
Kano shuts Chinese firm for violating sanitation law
The Kano State Committee on Sanitation shut down a Chinese metal recycling plant in Kano on Saturday for operating during the monthly…
Nigeria to reach 95% financial inclusion by 2024 – CBN
The Central Bank of Nigeria has said that it hopes to achieve 95% financial inclusion by 2024. To achieve this, it said…
Paystack gets payment service license in Kenya
Paystack has joined the group of service providers who have received a license to conduct payments business in Kenya. The Stripe business…
Nigeria: UK to fund women-owned businesses with $100m
The British High Commissioner to Nigeria, Ms Catriona Laing, Wednesday said the United Kingdom government has launched a $100 million program through…
Tesla trial: Musk to testify over $50bn compensation
Tesla tycoon Elon Musk will take the stand on Wednesday as part of a trial over his $50 billion pay package as…
Buhari enhanced Nigeria’s businesses, says BMO
The Buhari Media Organisation has described the provision of about N785 Billion to Micro, Small, and Medium Enterprises in the country by…
Binance to establish industry recovery fund
Cryptocurrency exchange currency, Binance has announced its intention to establish an industry recovery fund in the wake of the FTX crisis. According…