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World Bank sanctions Nigerian firm, MD over alleged corrupt practices
The World Bank has sanctioned AIM Consultants Limited, a Nigerian consultancy company, and its Managing Director, Amin Moussalli, for alleged...
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FG concludes licensing round, awaits Mafab’s $253.9m payment today
…GSMA sees 5G boosting GDP by $610b Though Nigeria successfully auctioned the 3.5GHz spectrum for the deployment of the Fifth-Generation...
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Smart Adoption of Data Will Enhance SMEs Growth, Says MTN Boss
The Chief Executive Officer of MTN Nigeria, Mr. Karl Toriola has stressed the need for smart adoption of data by...
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13 Firms Win $100,000 to Undertake Off-grid Power Projects in Nigeria
Thirteen Nigerian-owned enterprises involved in the renewable energy space have won $100,000 at the 2021 Nigeria Off-Grid Energy Challenge. The...
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Banner Energy Begins Conversion of Vehicles to LPG-powered
The Managing Director of Banner Energy Limited, Mr. Nuhu Yakubu, has said his company has started converting petrol and diesel-powered...
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Brands Must Own Customer Data to Survive
The Chief Executive Officer of Tarragon, Mr. Elo Umeh has explained the critical role ownership of customers’ first-party data plays...
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Union Bank Posts N119bn Earnings, N16bn Profit in Nine Months
Union Bank of Nigeria Plc has recorded gross earnings of N118.8 billion for the nine months ended September 30, 2020,...
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FG inaugurates N75bn SMEs COVID-19 stimulus schemes
The Federal Government on Thursday flagged off two schemes to financially support about 1.7 million micro, small and medium enterprises...
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Russia unveils first COVID-19 vaccine
Russia on Tuesday announced it had developed the world’s first vaccine offering “sustainable immunity” against coronavirus (COVID-19. President Vladimir Putin...
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‘Current economic realities necessitated naira devaluation’
Dipping oil prices, COVID-19, increasing debt, high poverty, and unemployment have been identified as factors that have forced the Nigerian...
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FBNInsurance pays N4.4b claims in six months
FBNInsurance Limited has paid N4.4 billion claims in six months despite the impact of the coronavirus pandemic on the economy,...
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Fears rise over naira devaluation
As uncertainties over further devaluation of the naira by the Central Bank of Nigeria (CBN) continues, foreign exchange traders are...
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Darkness persists, generation falls to 2,943MW, 10 plants idle
Darkness persisted across several parts of the country on Sunday as 10 power plants sat idle. Total power generation fell...
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Most Nigerians susceptible to coronavirus, says PTF
• Insists schools to remain closed until further notice • Reps panel threatens to arrest AGF for alleged concealment of...
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Churches, mosques, hotels to open in Lagos June 19
SOME OF THE CONDITIONS •Centres to operate at 40% capacity •Kids, 65 years and above disallowed •Mid-week service, vigils banned...
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Shell: NLNG Train 7, Our Long-term Strategy for Capital Investment
The Director, Integrated Gas and New Energies, Shell Plc, Maarten Wetselaar, has said investing in the Nigeria Liquified Natural Gas...
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Tom Hanks announces positive test for coronavirus
Tom Hanks and his wife Rita Wilson have both tested positive for coronavirus, the US actor said Wednesday. Hanks, 63,...
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Dangote loses N240b in five hours to coronavirus
Africa’s richest man Aliko Dangote on Wednesday lost more than N240 billion in five hours as the effect of the...
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Returning from China, Disease Control Boss Goes into Self-isolation
Director-General of Nigeria Centre for Disease Control (NCDC), Dr. Chikwe Ihekweazu, is now undergoing 14-day self-isolation to allow for confirmation...
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FMBN disburses N238 billion in 27 years
The Federal Mortgage Bank of Nigeria (FMBN), said it has disbursed about N238billion in 27 years, which has helped to...
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Declare Lassa fever national emergency, says Academy of Science
The Nigerian Academy of Science (NAS) has urged the Federal Government (FG) to declare Lassa fever a public health incident...
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Electricity workers suspend strike, reps back agreement with FG
The leadership of the House of Representatives has said it will ensure the implementation of the agreement between the National...
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NITDA, TETFUND move to ensure digital inclusion in institutions
The National Information Technology Development Agency (NITDA) and the Tertiary Education Trust Fund (TETFUND) have signed a Memorandum of Understanding...
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Consolidated Insurance unfolds plan to attain N10 billion recapitalisation
The Consolidated Hallmark Insurance has revealed its laid down plans on how it will attain the new recapitalization directive NAICOM...
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Court sends Sowore to 45-day detention, Nigerians attack FG
The Federal Government and the judiciary came under attack on Thursday as a Federal High Court in Abuja granted the...
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