Category: News

Adesina backs Dangote, dares importers to build refineries in Nigeria

President of the African Development Bank, Akinwumi Adesina, has challenged those claiming Aliko Dangote is...

US fintech Mercury Bank blocks accounts linked to Nigeria, others

American financial technology company, Mercury, has announced plans to terminate the accounts of businesses based...

WTO members rally behind Okonjo-Iweala for second term

The World Trade Organization has endorsed a proposal from the African Group urging Director-General Ngozi...

NCC directs telecoms to audit billing systems

The Nigerian Communications Commission has instructed all telecommunication companies to conduct thorough audits of their...

FG eyes 9,000MW from renewable energy

The Federal Government has stated that it anticipates the renewable energy sector to contribute roughly...

RT Briscoe launch money market fund

RT Briscoe Nigeria Plc has launched its first money market fund with the Securities and...

W’Bank, AfDB plan $7.5bn investment in Nigeria’s power sector

The World Bank and the African Development Bank have finalized plans to invest $30 billion...

FX inflow via IMTOs reach $1.07bn in three months – CBN

Foreign exchange inflows from International Money Transfer Operators increased by 38.86 per cent to $1.07bn...

FG takes steps to resolve Dangote, NMDPR rift

The Federal Government has taken steps to resolve the disagreement between Dangote Refinery and the...

Tesla to build humanoid robots for internal use

Tesla CEO Elon Musk announced on Monday that the company will begin production of humanoid...

Crude oil peaks at $88 per barrel amid Israeli-Houthi conflict

Alex Omenye Nigerian crude oil prices edged closer to the $90 per barrel threshold amid...

NSIA grants $220,000 to three Nigerian startups

The Nigeria Sovereign Investment Authority has given $220,000 to three Nigerian startups The winners of...