Customs names new key management appointments
The Comptroller-General of Customs, Adewale Adeniyi, has approved several key management appointments within the Nigeria Customs Service, following the statutory retirement of…
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Afreximbank secures $650m for Oando’s NOAC acquisition
The African Export-Import Bank announced its role in facilitating a $650 million financing package for Oando Petroleum and Natural Gas Company Limited’s…
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 the N555.8 million fine imposed by the…
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 Federal Inland Revenue Service under the Road…
Tinubu approves N10bn grant to enhance digital broadcasting
President Bola Tinubu has approved a N10 billion grant for the National Broadcasting Commission to advance Nigeria’s transition from analogue to digital…
FG suspends mining in Niger over bandits attack
The federal government has suspended all mining activities in Unguwar Magro Village, Niger State, following the recent murder of 12 miners by…
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 rising cost of living. In the Central…
NACCIMA demands strengthening of cooperatives to boost SMEs
The National President of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture, Dele Oye, has emphasized the need to…
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 universities to bolster reliable power supply in…
DAAR communications board shakeup overdue – Dokpesi
The Chairman of the Board of Directors of DAAR Communications Plc, Raymond Dokpesi Jr, has described his recent retirement from the company’s…
FG plans major fiber-optic cable expansion across Nigeria
The Federal Government is gearing up for a major infrastructure boost, with plans to deploy 90,000 kilometers of fiber-optic cable across Nigeria…
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 across the country. This initiative, expected to…