The Bureau of Public Enterprises, BPE, announced on Thursday, May 30, that the Federal Government has secured a $500 million World Bank loan to bolster Nigeria’s electricity distribution sector. The
According to the details, the total number of people admitted to the cinemas in the first quarter of this year was 596,609, while the same period in 2023 witnessed 620,477
Nigeria mandates 1.9 million Point of Sale (PoS) agents to register with the Corporate Affairs Commission (CAC) to curb rising fraud incidents, which accounted for 26.37% of cases in 2023.
MTN has announced plans to increase call tariffs to manage the effect of the challenging operating conditions in the country. In a statement on Friday after its extraordinary general meeting,
The Independent Petroleum Marketers Association of Nigeria (IPMAN), has threatened to cripple the supply of Premium Motor Spirit (PMS), also known as petrol, over non-payment of ₦200bn bridging claims. The
Kuda Bank, Moniepoint, OPay and Palmpay have paused account opening for new customers following a directive from the Central Bank of Nigeria. The directive came two days after the EFCC
President Bola Tinubu has said his administration is investing in technology that is tailored towards ensuring transparency and accountability in government. He said this during a meeting with Microsoft Founder
Prime Minister Mark Rutte of the Netherlands has revealed plans for a significant investment of $250 million in Nigeria. The announcement was made during a meeting between President Rutte and
The telecommunications companies operating in Nigeria notably Glo, MTN, Airtel and 9Mobile are asking the federal government to facilitate constructive dialogue in the industry. According to the telcos, the current
Recent findings show that the prices of liquified natural gas (LPG), also known as cooking gas, are beginning to crash following the appreciation of the Nigerian currency, the Naira. We
