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Category: Business
BREAKING: Sept 14: NCC announces final deadline for NIN-SIM linkage
The Nigerian Communications Commission (NCC), has directed all Mobile Network Operators, MNOs, to complete the mandatory verification and linkage of Subscriber Identification Modules (SIMs) to…
Dangote refinery paid $100m for land, received no incentive from Nigerian govt — Aliko
Aliko Dangote, Africa’s richest man, on Saturday stated that he did not enjoy any incentive from the Nigerian government to build his $20bn refinery sited…
Global IT hitch: Nigeria passengers groan as foreign airlines cancel, delay flights
A widespread global information technology system outage on Friday caused chaos at airports worldwide, including Nigeria’s Murtala Muhammed International Airport, where flights from Lagos to…
FG offers three bonds valued at N300bn for subscription
The Debt Management Office is offering three Federal Government of Nigeria bonds valued at N300 billion for subscription at N1,000 per unit.According to the DMO…
Abuja court strikes out FG’s N30b illegal ads suit against Meta
The Federal High Court sitting in Abuja has dismissed the N30 billion alleged illegal advertisement lawsuit instituted against Meta Platforms Incorporated (owners of Facebook, Instagram…
Nigeria produced 236m barrels of crude in six months – NUPRC
Nigeria produced a total of 236,229,281 barrels of crude oil in the first half of 2024.Data obtained by our correspondent from the Nigerian Upstream Petroleum…
Nigeria’s external reserves surge to $35.77bn – CBN
Nigeria’s external reserves increased to $35.77 billion on Thursday up from the $33.09 Billion at the end of 2023.This is according to Thursday’s data from…
Naira gains against dollar after minimum wage increase
The naira appreciated significantly at both official and foreign exchange black markets on Thursday amid President Bola Tinubu’s N70,000 new national minimum increase.A Bureau De…
Nigeria ranks behind South Africa, Rwanda, 4 others in fastest internet speed
Nigeria trailed behind Réunion, South Africa, Eswatini, Rwanda, Mauritius, and Botswana to emerge seventh in a ranking of Sub-Saharan African countries with the fastest internet…