Lagos, Abuja airports incur over N1bn monthly electricity bills
The Minister of Aviation, Festus Keyamo has stated that the Lagos and Abuja airports each incur over N1 billion in monthly energy…
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CBN initiates global partnerships for improved banking system
The Central Bank of Nigeria has signed Memoranda of Understanding with countries that host subsidiaries of Nigerian banks. This initiative aims to…
Court jails two Italians over $1.3bn Nigerian oil field scam
In a significant legal development, an Italian court has sentenced Milan prosecutors Fabio De Pasquale and Sergio Spadaro to eight months in…
Vodafone partners Google to boost AI phones, services across Africa, Europe
Vodafone Group Plc has entered into a 10-year partnership with Alphabet Inc.’s Google to provide advanced cloud services, generative artificial intelligence tools,…
NCC to sanction Starlink for unauthorized price hike
The Nigerian Communications Commission has announced it will impose sanctions on Elon Musk’s internet company, Starlink, for raising its subscription prices in…
Service disruptions loom as Nigerian banks upgrade systems
Nigerian bank customers are expected to experience increased service disruptions in the coming weeks and months as financial institutions implement system upgrades…
FG to cut post-harvest losses by 25%
The Federal Ministry of Agriculture and Food Security has pledged to reduce post-harvest losses in the agricultural sector by 25% as part…
US Judge orders Google to permit rival apps on play store
In a significant ruling on Monday, a U.S. District Judge ordered Alphabet’s Google to overhaul its mobile app operations, enhancing options for…
Naira-for-crude: FG panel suggests six-month supply for Dangote refinery
The Nigerian National Petroleum Company Limited will supply crude oil in naira to the Dangote Petroleum Refinery for an initial six-month period,…
ICYMI: FG launches CNG e-portal for youths
The Federal Ministry of Youth Development has launched a Compressed Natural Gas e-portal aimed at youths in the commercial transport sector interested…
Nigeria, Brazil plan direct flights to promote trade, tourism
The Minister of Aviation and Aerospace Development, Festus Keyamo, has begun discussions with the Brazilian Ambassador to Nigeria, Carlos Garcete, to activate…
SEC vows to combat crypto fraud
The Securities and Exchange Commission has pledged to tackle fraud, money laundering, and market manipulation within Nigeria’s rapidly evolving cryptocurrency sector. This…