Category: News

FG installs CCTV, Solar lights on Third Mainland bridge for security

The Federal Government has taken steps to enhance security at the upcoming reopening of the...

NACCIMA to consult stakeholders over bank capitalisation

The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture has said it will...

Naira gains 21.8% against dollar in March 2024

The Naira appreciated significantly against the United States dollar throughout March 2024, marking a major...

NITDA alerts Nigerians of new QR codes fraud

The National Information Technology Development Agency  has warned Nigerians to be wary of scanning QR...

SAHIF secures $38 million recapitalisation to boost expansion

The SA Housing and Infrastructure Fund, the largest black private investor in South Africa’s optical...

Phone giant AT&T resets passcodes after breach

Phone giant AT&T has taken action to reset millions of customer account passcodes following the...

Lagos tops list of states with most external debt

The Debt Management Office recently revealed that the total external debt stock of the 36...

Microsoft, OpenAI partner for data center project

Microsoft and OpenAI are collaborating on a data center project, anticipated to require an investment...

CBN drops exchange rate for import duties to N1303/$1

The Central Bank of Nigeria has reduced the exchange rate for customs import duties collection,...

US, UK probe Russian crypto exchange over $20bn USDT transfers  

The US and the UK are investigating Garantex, a Russian cryptocurrency exchange, following its facilitation...

UAC posts N12.3bn pre-tax profit in 2023, highest since 2014

UAC Nigeria Plc has achieved a remarkable turnaround in its financial performance for the fiscal...

African countries to dominate global economy in 2024, 2025- Report

The Economic Commission for Africa predicts that African countries will dominate the world’s top 10...