Uganda grants Flutterwave payment systems operator license
Nigerian payments technology company, Flutterwave has been granted a Payment Systems Operator license by the Bank of Uganda. This milestone marks a…
News
Tinubu appoints new executive directors to BOI
President Bola Tinubu has appointed Rotimi Akinde and Ifeoma Uz’Okpala as Executive Directors of the Bank of Industry. This was disclosed in…
FG orders firm to pay $72,777 liability over damaged bean export
The Nigerian Shippers’ Council has directed Inland Container Nigeria Limited to bear 70% of a $72,777 liability following a dispute over a…
Oil production declined by 160,000bpd in Q2 2024 – NBS
Nigeria’s daily oil production decreased by 160,000 barrels per day in the second quarter of 2024. This was disclosed in the recent…
Deep-pocketed investors to buy Ibadan DisCo – AMCON
The Assets Management Corporation of Nigeria has called for the sale of the Ibadan Electricity Distribution Company to viable investors as the…
FG, states secure N100bn for electricity meter procurement
The Federal Government, in collaboration with state governments, has raised N100 billion to procure prepaid electricity meters under the Presidential Meter Initiative.…
NCAA to launch consumer protection portal to enhance complaint handling
The Nigeria Civil Aviation Authority has announced that it will launch a new Consumer Protection Portal on September 19, 2024. This initiative…
FG spent three times its revenue in 2023 – BudgIT
A recent report by accountability firm BudgIT has revealed that the Federal Government’s expenditure in 2023 was three times its revenue, resulting…
SAP, business leaders hold AI innovation talk
Business leaders, technology partners, and SAP experts recently convened for the SAP Innovation Day Kenya, underscoring the pivotal role of Artificial Intelligence…
Australia to cap international student enrollments in 2025.
Australia has announced a cap of 270,000 international student enrollments for 2025, a move aimed at managing record migration levels and addressing…
NEITI to audit revenues of 190 oil, mining companies
The Nigerian Extractive Industries Transparency Initiative has revealed that 198 extractive companies and government agencies have submitted data for its ongoing nationwide…
FG vows to tackle rising cost of cooking gas
The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has said that the Federal Government will take all necessary measures to…