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 Company Limited as a significant step in…
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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 about their exposure to the recently dissolved…
Nigeria loses N636bn in oil revenue as production declines
Nigeria’s monthly oil outputs have been consistently low since January 2024, resulting in a revenue loss of almost N636.3 billion. According to…
AKK Pipeline Project to be ready in 2025 Q1 – Kyari
The Nigerian National Petroleum Company Limited said on Friday that the 614-kilometre Ajaokuta-Kaduna-Kano Gas Pipeline Project would be completed in the first…
FG allocates N21bn for provision of free meters
The Federal Government has allocated N21 billion for the Presidential Metering Initiative, which aims to eliminate the country’s metering gap by giving…
N500bn recapitalisation: SEC outlines guidelines for banks
The Securities and Exchange Commission has released a framework to facilitate the Central Bank of Nigeria’s bank recapitalization initiative. This framework, which…
Customs modernisation to promote faster cargo clearance – Master Mariner
The Nigerian Association of Master Mariners has stated that the Federal Government’s Trade Modernisation Project will promote faster cargo clearance at the…
Nigeria’s FX reserves hits three-month peak
Nigeria’s foreign exchange reserves have soared to their highest level since March 28, 2024, marking a significant financial milestone. This increase coincides…
NERC approves N21bn for free meters to Nigerians
The Nigerian Electricity Regulatory Commission has sanctioned a substantial allocation of N21 billion for the eleven electricity Distribution Companies to provide meters…
AI transforms Ukrainian into Russian for sales in China
Alex Omenye A University of Pennsylvania student, Olga Loiek, sought an online audience—but not the one she found. Shortly after launching her…
Court adjourns GTB Vs Afex contempt suit to June 27
The Federal High Court in Lagos, on Thursday, scheduled a hearing for June 27, 2024, in the contempt suit filed by Guaranty…
Hacker group Anonymous threatens Kenyan MPs over finance bill
One week after the phone numbers of Kenyan government officials were leaked online, the hacker group Anonymous has issued a threat to…