Category: News

FG begins N2.7tn subsidy debt probe

The federal government has commenced the scheduled audit of the N2.7 trillion gasoline subsidy claim...

FG to initiate electricity offences tribunal

The Federal Government said that it was finalizing the process of establishing an electricity offences...

Stakeholders worry over imposed NMDPRA $2,000 registration fee

The Nigerian Midstream and Downstream Petroleum Regulatory Authority has placed a $2,000 registration fee on...

Free trade zones can generate over N11tn – Experts

Experts say that the country’s Free Trade Zones have the potential to contribute more than...

Nigeria’s fiscal framework not appealling for mining investment – KPMG

KMPG, an international auditing and consulting firm has stated in a report that the current...

NADDC seeks partnership with banks to bridge $1trn funding gap

The Director-General of the National Automotive Design and Development Council, Joseph Osanipin has said that...

Otedola reclaims position as First Bank’s largest shareholder with 9.41% stake

The chairman of FBN Holdings and a billionaire from Nigeria, Femi Otedola, has reclaimed his...

 Tapswap postpones token allocation indefinitely

The popular tap-to-earn app powered by the TON Blockchain, Tapswap, has announced an indefinite postponement...

OpenAI rival, Anthropic unveils ‘most powerful AI yet’

Anthropic, an OpenAI rival, unveiled Claude 3.5 Sonnet, its most potent AI model to date,...

Aviation fuels will triple to 1.9bn liters in 2024 – IATA

The International Air Transport Association has said that the production of Sustainable Aviation Fuels is...

Workers withdrawal from pension contributions rise 87.6% in Q1 2024

The number of workers who made withdrawals from their voluntary contributions under their pension savings...

Nigeria’s credit penetration hits 14% – CRC

Credit penetration in Nigeria has increased to 14%, owing largely to the work of CRC...