CBN, Fintech Foundry to Support 10 Startups Advance eNaira Adoption
The Head of AFF, Mr Daniel Awe, said this in an interview with the News Agency of Nigeria (NAN) on Saturday in Lagos. He spoke[more...]
Category: Business
NNPC Launches App To Monitor Crude Oil Theft in Nigeria
The Nigerian National Petroleum Company Limited (NNPC Ltd.) on Friday launched ‘Crude Theft Monitoring Applications’ to curb oil theft and pipeline vandalism. The News Agency[more...]
Despite CBN Ban, Bitcoin Trade Hits $1.16 Billion In Nigeria
The worth of bitcoin (BTC) traded by Nigerians from January 2021 to June 2022 peaked at N497.35bn ($1.16bn) indicating an increasing market of the digital[more...]
NIPOST To Begin Implementation of Digital Postcode Before December
Nigerian Postal Service (NIPOST) has said the implementation of the digital postcode system will begin before the end of this year. Mr Franklin Alao, director,[more...]
FG Projects N136bn Revenue From Electronic Money Transfers in 2023
The Budget Office of the Federation (BFO) has projected that in 2023, the Nigerian government will generate N136.3 billion as revenue from a projected 2.7[more...]
Newly released strategy document highlights America’s plans to stay relevant in Africa, amid China’s rising influence
The United States of America said it intends to reset its foreign relations with African countries and widen its level of engagement as part of[more...]
Despite CBN’s Restriction: Sugar Import From Brazil Hits $592.18 Million
This increment comes amid the forex exchange (FX) restrictions placed on the commodity by the apex regulating bank, the Central Bank of Nigeria, CBN. According to[more...]
Ikeja Electric Graduates 140 from Metering Academy
Ikeja Electric Plc (IE), Nigeria’s leading electricity distribution company, has trained 140 employees to boost metering density and meter management across its network. Speaking during the[more...]
Apple Warn Suppliers Not to Use ‘Made in Taiwan’ Labels on Products
Apple warned suppliers not to identify Taiwan as an independent country on Friday, Nikkei reported. The announcement came after some Apple components were held for[more...]
Exxon Mobil Sells its Nigerian Unit to Seplat Energy for $1.28 billion
Seplat Energy Plc has received ministerial approval to acquire Exxon Mobil's Nigerian oil assets for $1.28 billion. According to a press statement seen by Reuters, the[more...]
Meet The 5 Young African Entrepreneurs On The 2022 Bloomberg New Economy Catalyst List
The cohort on this year’s list hail from 16 countries and regions, accelerating key breakthroughs across Africa, Europe, Latin America, the Middle East and North[more...]
LIRS Partners Deloitte to Boost Transparency in Tax Administration With Whistle-Blower Initiative
The Lagos State Internal Revenue Service (LIRS) has said its Whistle-Blower Initiative will deepen transparency, and accountability and uphold a high standard in the administration[more...]
FG Set to Begin Implementation of Telecoms and Beverage Taxes
Federal government through the Budget Office of the Federation has revealed that it will begin the implementation of its proposed excise duties on telecommunication services[more...]
Train project: Lagos To Begin Passenger Carriage By Jan 2023 – Sanwo-Olu
Sanwo-Olu said this while addressing newsmen, after the inspection of the Red Line Train Project at Agege, Ikeja, Mushin and Ebute Meta areas of the state.[more...]
Facebook Tops Most Restricted Social Media Apps List
Facebook is the most commonly restricted social media app by governments across the world. This is according to theInternet Shutdown Tracker, compiled by cyber security[more...]
The 10 Least Corrupt Countries in Africa – Latest Corruption Index
Business Insider Africa presents a list of 10 least corrupt African countries. The list is courtesy of Transparency International's corruption perception index (CPI), which ranks[more...]
The World’s Richest Family Lost $11.4 Billion as Walmart Stock Plummeted
The Walton family lost $11.4 billion on Tuesday as Walmart stock tumbled. Walmart plunged 7.6% after the company issued a warning that its profits are[more...]
Here Are The 7 African Countries With The Highest Number of Commercial Banks
Tech TV Network presents 7 African countries with the highest number of commercial banks. Commercial banks are for profit banks that perform essential financial services[more...]
EU Partners FG to Fast-Track Gas Infrastructure for European Markets
The European Union (EU) in partnership with the Federal Government has expressed renewed interest to put mechanism in place to fund gas project in Nigeria[more...]
KongaPay Signs Partnership with Bibimoney at House of Lords, London
KongaPay, a frontline mobile money platform and a member of the Konga Group has signed a landmark deal with Bibimoney, a UK-based industry leader to[more...]
