Business
Dangote Sinotruk Aims for 60% Local Content With New Plant
Alhaji Aliko Dangote reiterated DSWAL's commitment to achieving 60% local content in its vehicles, supported by Ajaokuta Steel Company Dangote...
‘Products of febrile imagination’ — NNPC disowns allegations of inflated subsidy claims
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has disclaimed allegations of inflating subsidy claims by N3.3 trillion. They described...
EEDC issues disconnection notice to five Southeast states, others over unpaid electricity bills
The Enugu Electricity Distribution Company (EEDC) has sent a disconnection notice to state governments, Central Bank of Nigeria (CBN) offices,...
JUST-IN: Depositors of Heritage Bank to get their money this week — NDIC
Earlier, the Central Bank of Nigeria(CBN) revoked the operating licence of Heritage Bank Depositors of Heritage Bank (in liquidation) will...
Intellectual Property Piracy in Nigeria: Ifedayo Oniyide Advocates Technological Encryption as the Solution
Intellectual property piracy has reached alarming levels in Nigeria, causing significant concerns within the esteemed Nollywood film industry. Recent incidents...
BREAKING: CBN Revokes Heritage Bank License
The Central Bank of Nigeria(CBN)says its has revoked the operating licence of Heritage Bank. This was contained in a statement...
NNPC to start oil exploration in Ogun
Governor Dapo Abiodun highlighted the region’s potential for both oil and bitumen extraction, which would reduce import dependency and save...
NBS Reports 2.98% GDP Growth in Q1 2024
Nigeria’s GDP grew by 2.98% in Q1 2024, higher than Q1 2023's 2.31% but lower than Q4 2023's 3.46% The...
‘Telco disconnection, dispute resolution’ — NCC begins public inquiry to review regulations
The NCC stated that this decision aligns with its authority under the Nigerian Communications Act (NCA) 2003 to grant and...
BREAKING: CBN raises interest rate to 26.25%
Hold 295th MPC meeting In May 2023, Nigeria’s interest rate stood at 18.75 per cent The Central of Nigeria Monetary...
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