Category: News

Tony Elumelu Urges FG to establish special courts for energy thieves

Tony Elumelu, Chairman of the Board of Directors at Transcorp Group, has called on the...

Banks record N438bn from digital transactions in 2023

In 2023, digital banking channels brought in roughly N438bn for 10 financial institutions, an analysis...

North-East blackout compounded by vandals – TCN

The Transmission Company of Nigeria on Monday announced that three additional towers were vandalized in...

BOI extends RAPID funding application deadline for MSMEs

Onwubuke Melvin   The Bank of Industry has extended the deadline for submitting applications for...

BOI extends RAPID funding application deadline for MSMEs

The Bank of Industry has extended the deadline for submitting applications for the Rural Area...

FG suspends Nigeria Air until further notice

The Federal Government has indefinitely suspended the Air Nigeria Airline project, Minister of Aviation and...

VFD Group reports N3bn in pre-tax profits Q1 2024

Leading proprietary investment company, VFD Group has released its financial statements for the first quarter...

Nigeria set to benefit from AfDB’s $1.3trn funding

The African Development Bank has highlighted that African countries require $1.3 trillion annually to achieve...

Musk AI startup xAI raises $6b, now valued at $24b

Elon Musk’s AI startup, xAI, has raised $6 billion in a Series B funding round,...

Togo, other international consumers owe Nigeria $51m for electricity — FG

The Federal Government disclosed in the latest industry statistics that international consumers did not remit...

FG to eliminate house ownership obstacles for Nigerians

The Minister of Housing and Urban Development, Ahmed Dangiwa, has affirmed his resolution to eliminate...

FCMB seeks to raise N150bn for recapitalization in Sept

The Management of First City Monument Bank plans to raise N150 billion in capital between...