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Category: Business
MTN secures fresh spectrum lease from 9Mobile to boost digital inclusion
MTN Nigeria Communications Plc, has announced the approval of a new spectrum lease agreement with 9Mobile. This move is expected to enhance national roaming, expand…
Naira appreciates to N1,530/$ in parallel market
The Naira yesterday appreciated to N1,530 per dollar in the parallel market from N1,537 per dollar on Wednesday. Likewise the Naira appreciated to N1,490 per…
Nigeria’s oil, gas reforms restored investors’ confidence but challenges remain – Group
The West Africa Oil and Gas Reporters Network (WAOGRAN), says reforms in Nigeria’s oil and gas sector have restored investor confidence but warned that oil…
Nigerian Government’s proposed 5% fuel tax angers citizens
Recently, the Federal Government announced that Nigerians would start paying five percent tax on every 10 litres of fuel purchased. Although the take-off date of…
Dangote Refinery suspends petrol sales at gantry price
The Dangote Refinery has suspended all self-collection gantry sales of premium motor spirit. The 650,000-barrel-per-day refinery disclosed this in an email to customers on Thursday,…
FG ends passport production at multiple centres after 62 years
The Nigeria Immigration Service (NIS) has officially ended passport production at multiple centres, transitioning to a single, centralised system for the first time in 62…
Capital market critical to Nigeria’s mining growth – Alake
The Minister of Solid Minerals Development, Dr Dele Alake, has described the capital market as critical to facilitating a sustainable mining sector. Alake said this…
Nigeria Govt unveils landmark water, hydropower projects
The Federal Government has announced fresh commitments to major water supply, sanitation, irrigation, and hydropower projects across the country as part of efforts to accelerate…
Naira depreciates against US dollar
The Naira recorded depreciation against the dollar at the official foreign exchange rate market on Wednesday. The Central Bank of Nigeria’s data showed that the…
Visa fees are non-refundable – U.S. Embassy tells Nigerians
The U.S. Mission in Nigeria has reiterated to Nigerians that visa application fees remain non-refundable and non-transferable. In a statement aimed at addressing growing concerns…