US considers Google breakup amid antitrust case
The US Justice Department has informed a federal judge that it is contemplating a recommendation to force Google to divest certain parts…
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FG orders Discos to replace faulty equipment in seven days
The Federal Government has directed electricity distribution companies to replace weak distribution networks within their franchise areas within seven days. This order…
Access Bank secures license to establish operations in Namibia
Access Bank has received a provisional license from regulatory authorities in Namibia to set up a bank in the Southern African nation.…
Nigeria’s debt servicing hits N6.04tn in H1 2024 – CBN
Nigeria’s debt servicing expenses surged to N6.04 trillion in the first half of 2024, a 68.8% increase from N3.58 trillion in the…
CBN defends interest rate hike as measure to combat inflation
The Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso, has strongly defended the bank’s decision to raise the Monetary Policy…
Oil marketers urge FG for clarity on Naira-for-Crude initiative
Oil marketers and domestic refiners are calling on the Federal Government to provide detailed information regarding the recently announced naira-for-crude initiative, which…
Naira-for-crude initiative kicked off October 1 — Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has announced that the sale of crude oil and refined…
NUPRC warns of potential gas supply crisis by 2030
The Nigerian Upstream Petroleum Regulatory Commission has raised concerns that Nigeria could experience a gas supply crisis by 2030. This warning was…
FG partners W’bank to launch $750m electricity project
The Rural Electrification Agency has announced the initiation of a new rural electricity project next month, financed by the World Bank with…
BOI unveils platforms to check food prices in different states
The Bank of Industry has launched a mobile app and a web platform, Pricesense.ng, to help users monitor live food prices in…
IT entrepreneur David Steward named richest black American
David Steward, an IT entrepreneur from Missouri, has been recognized as the richest Black person in America, according to the 2024 Forbes…