Minister pushes for decentralized power grids to curb frequent collapses
The Minister of Power, Adebayo Adelabu, emphasized the need for regional power grids to address frequent grid collapses in Nigeria. Speaking on…
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Fuel hike: Reps warns against unrest as FG, labour talks stall
The House of Representatives warned on Wednesday that the recent rise in fuel pump prices could lead to social unrest. This caution…
Minister launches new meter manufacturing facility
The Minister of Power, Adebayo Adelabu, on Wednesday launched Hexing Livoltek, an electricity meter manufacturing company situated in Lekki, Lagos State. The…
NEPC, NDPC partner export sector data security
The Nigerian Export Promotion Council has partnered with the Nigerian Data Protection Commission to create a framework aimed at securing personal and…
Reps call for reversal of petrol, cooking gas price hikes
The House of Representatives has intervened in the recent increase in pump prices for petroleum products, calling for the immediate reversal of…
Nigerian firms show greater risk appetite than foreign investors – Soludo
Anambra State Governor, Chukwuma Soludo has asserted that indigenous Nigerian companies demonstrate a higher risk appetite compared to foreign investors and multinationals.…
Tesla moves $769m in Bitcoin to unknown wallets
Tesla, the leading electric car manufacturer in the U.S., has discreetly transferred over $769 million worth of its Bitcoin assets to several…
Jumia exits South Africa, Tunisia, faces Nigeria, others
Africa-focused e-commerce retailer Jumia Technologies will shut down its South African online fashion retailer Zando and its Tunisian operations by the end…
Banks refund N7.05bn, $714,569 to customers, says CBN
The Central Bank of Nigeria has announced that banks operating in the country have refunded approximately N7.05 billion and $714,569.03 to customers…
Most tax evasion cccurs at state level – NFIU
The Chief Executive Officer of the Nigerian Financial Intelligence Unit, Mrs Hafsat Bakari revealed that the majority of tax evasion cases occur…
TCN launches Investigation into recent power grid collapses
Federal Government, through the Transmission Company of Nigeria has announced an investigation into the multiple power grid collapses that occurred on Monday…
Moove expands into Mexico after US entry
One month after launching in the US, Nigerian startup Moove, which provides vehicle financing for ride-hailing drivers, has announced its expansion into…