Category: News

NDIC chases Heritage Bank debtors

The Nigeria Deposit Insurance Corporation has launched efforts to recover debts from the debtors of...

Nigeria’s crude oil output drops to 1.53m bpd – NUPRC

Nigeria’s crude oil production saw a slight decline in October 2024, decreasing from 1.54 million...

Creating business-friendly environment will boost diaspora remittances – Private sector

Members of the Organised Private Sector have called on the government to foster a business-friendly...

African nations need higher tax revenues for growth – IMF

The IMF has highlighted that approximately 90% of African Union economies need to enhance tax...

Tinubu saved Nigeria N20bn with subsidy removal, naira floating – Edun

The Minister of Finance and Coordinating Minister of Economy, Mr. Wale Edun, announced that the...

LCCI raises the alarm over FG’s $2.2bn borrowing plan

The Lagos Chamber of Commerce and Industry has raised concerns over the Nigerian government’s plan...

Experts warn Nigeria’s infrastructure deficiencies may hinder AfCFTA gain

Experts at the 2024 Maritime Reporters Association of Nigeria Annual Lecture in Lagos cautioned that...

Vandals hinder TCN’s Ahoada-Yenagoa 132kV line repair efforts

The Transmission Company of Nigeria has reported a fresh case of vandalism on its Ahoada-Yenagoa...

Amazon to invest $4bn more in Anthropic, OpenAI rival

Amazon announced it would invest an additional $4 billion in Anthropic, increasing its total investment...

Africa’s ‘rigid border system’ stalls digital growth – Interswitch

The Managing Director of Payment Processing and Switching at Interswitch, Akeem Lawal, has called Africa’s...

FG generates N346bn from November bond auction

The Federal Government raised over N346.155 billion in its November 2024 bond auction, with higher...

Vandalism: NNPC to develop sustainable pipeline network

The Nigerian National Petroleum Company Limited announced on Thursday that it is working to deploy...

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