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Category: Business
NDIC insures 99% depositors, urges BVN linkage
The Nigeria Deposit Insurance Corporation (NDIC) has said that about 99 per cent of depositors in Nigerian banks are fully covered under its enhanced deposit…
Nigeria gets AU bank board seat
Nigeria has secured a permanent seat on the Board of the African Central Bank following deliberations at the 39th Session of the Executive Council of…
FG targets 15 million households for cash support — Minister
The Federal Government says about 15 million vulnerable households have been captured in its Benefit Register for conditional cash assistance being implemented in partnership with…
Arik Air flight makes emergency landing at Benin Airport
The Nigerian Safety Investigation Bureau (NSIB) says an Arik Air Boeing 737-7GL aircraft, registration 5N-MJF, operating a scheduled domestic flight from Lagos to Port Harcourt,…
FG orders NAFDAC to suspend action on sachet alcohol ban
The Federal Government has directed the National Agency for Food and Drug Administration and Control (NAFDAC) to immediately suspend all enforcement actions relating to the…
Nigeria, Kuwait deepen economic ties, expand education partnership
Nigeria and Kuwait have reaffirmed their commitment to stronger economic cooperation, with both countries highlighting education, infrastructure and human capital development as pillars of a…
Gold refinery in Lagos owned by private company, says FG
The gold refinery set up in Lagos is owned by a private company, the Federal Ministry of Solid Minerals Development says. “There was nowhere in…
CAC records 10,000 business registrations daily with AI adoption – Registrar-General
The Corporate Affairs Commission (CAC) says it now records about 10,000 business registration requests daily following the deployment of artificial intelligence across its service delivery…
Not all electricity meters are free, NERC clarifies
The Nigerian Electricity Regulatory Commission (NERC) has clarified that not all electricity meters currently being installed across the country are free, as it sought to…
Imported fuel N77 per litre cheaper than Dangote petrol – Marketers
Imported premium motor spirit is N77 cheaper than Dangote Refinery’s petrol, according to the latest figures from the Major Energies Marketers Association of Nigeria (MEMAN)….