Category: News

Otedola raises stakes to 11.64% in FBN holdings

The Chairman of FBN Holdings, Femi Tedola has raised his ownership stake in the business...

All SIM cards used in Nigeria are locally produced – NCC

The Nigerian Communications Commission has said that 100 per cent of SIM cards in the...

FG electricity plan faces hurdle as estimated billing customers rise by 10%

AlexOmenye The Federal Government’s plan to eliminate estimated billing by the end of 2024 faces...

Nigeria spent $15.55bn in servicing debts between 2019-2024 – CBN

The Federal Government has spent $15.55bn on debt servicing between 2019 and 2024, the latest...

Stakeholders lament rise in food price amid N1.25tn agric budget

The high prices of food items in the market amid its availability do not speak...

Stockbrokers propose tech adoption for bank recapitalisation

The Chartered Institute of Stockbrokers has urged the Central Bank of Nigeria to use innovative...

Caverton Offshore loss rises to N12bn

Caverton Offshore Support Group Plc’s after-tax loss increased by 146.79 percent to N12.75 billion at...

Extortion at airports beyond aviation ministry control – Keyamo

The Minister of Aviation and Aerospace Development, Festus Keyamo, has stated that the issue of...

Electricity users hit 1.78% to 12m in Q1 2024 – NBS

The overall number of billing consumers was 12.33 million in Q1’24, up 1.78 per cent...

Dangote accuse IOCs of oil price manipulation, sabotage

The Vice President of Oil and Gas at Dangote Industries Limited, Devakumar Edwin has accused...

NNPCL ready to launch OB3 gas pipeline project

The Obiafu-Obrikom-Oben Gas Pipeline project is scheduled to be completed by the Nigerian National Petroleum...

SEC sets deadline for fund managers to declare Heritage Bank investment

The Securities and Exchange Commission has directed all Nigerian fund managers to give specific information...