Category: News

Starlink ordered to halt services in Namibia

Namibia has instructed Starlink Inc. to cease operations immediately, citing the absence of a required...

Court grants N100M bail to former FMBN CEO for alleged $65m fraud case

The Federal High Court in Abuja has granted bail to Mr. Gimba Kumo Yau, former...

NGX records N502.73bn in transactions for October 2024

The Nigerian Exchange reported a total transaction value of N502.73 billion (approximately $300.05 million) for...

Top 10 most expensive foods in Nigeria for October 2024

In October 2024, Nigeria’s headline inflation rate rose to 33.88%, up from 32.7% in September,...

OPEC+ delays meeting on oil output strategy 

The OPEC+ oil alliance has rescheduled its meeting to finalize its crude production strategy to...

Reps to invite CBN, Banks over unverified POS operators

The House of Representatives on Wednesday resolved to summon the Central Bank Governor, Olayemi Cardoso,...

Hackers steal $17m from Bank of Uganda accounts

Hackers breached the Bank of Uganda’s systems, stealing 62 billion shillings ($17 million), according to...

Heineken to launch Gulf’s first large-scale brewery in Dubai

Dubai is set to host the Gulf’s first large-scale brewery as a joint venture involving...

Nigeria targets 14,000MW of electricity from hydropower

The Federal Government has announced that Nigeria has sufficient water resources to generate 14,000 megawatts...

Meter upgrades remain possible after deadline – DisCo

The Eko Electricity Distribution Company has announced that customers can still upgrade their meters despite...

Access Bank completes acquisition of Standard Chartered Bank in Angola, Sierra Leone

Access Holdings PLC has announced the successful acquisition of Standard Chartered Bank Angola S.A. and...

Reps to probe alleged ₦8.4tn withheld by NNPCL

The House of Representatives has directed its Committees on Finance, and Petroleum to investigate claims...

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