Category: News

Afreximbank secures $650m for Oando’s NOAC acquisition

The African Export-Import Bank announced its role in facilitating a $650 million financing package for...

Fidelity bank denies alleged data breach, rejects N555.8m fine

Alex Omenye Fidelity Bank has strongly denied allegations of a data breach and is challenging...

FIRS remittance: NNPCL deducts $262.55m for road tax credit scheme

The Nigerian National Petroleum Company Limited has deducted $262.55 million from its remittances to the...

Tinubu approves N10bn grant to enhance digital broadcasting

President Bola Tinubu has approved a N10 billion grant for the National Broadcasting Commission to...

FG suspends mining in Niger over bandits attack

The federal government has suspended all mining activities in Unguwar Magro Village, Niger State, following...

Inflation drove Nigerians to borrow N4.82tn in Q1 2024 – CBN

Nigerians borrowed approximately N4.82 trillion from banks between January and March 2024, driven by the...

NACCIMA demands strengthening of cooperatives to boost SMEs

The National President of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture,...

FG boosts power supply with new plants at six universities

The Federal Government, through the Rural Electrification Agency has installed power plants at six federal...

DAAR communications board shakeup overdue – Dokpesi

The Chairman of the Board of Directors of DAAR Communications Plc, Raymond Dokpesi Jr, has...

FG plans major fiber-optic cable expansion across Nigeria

The Federal Government is gearing up for a major infrastructure boost, with plans to deploy...

FG to launch 90,000km fibre-optic cable across Nigeria

The Federal Government is preparing to launch the deployment of 90,000 kilometers of fiber-optic cable...

Oando completes acquisition of Nigerian Agip Oil Company for $783m

Oando PLC has successfully finalized the acquisition of Nigerian Agip Oil Company from Italian energy...