Latest News
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810Telecoms & ITTelcos Defy NCC’s Order, Millions of Lines Still Barred
Forty-eight hours after the Nigerian Communications Commission (NCC) mandated telecommunications companies to restore access to blocked phone lines, millions of Nigerians remain...
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252Industry & MoneyGovt Votes $118m for Power Supply Improvement
The Presidential Power Initiative has set aside $118 million to improve line infrastructure along the Benin and Enugu corridors. FGN Power Company,...
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521Leadership & ManagementNational Assembly Re-enacts 2024 Appropriation Act
The National Assembly yesterday repealed and re-enacted the 2024 Appropriation Act. The changes incorporate an additional N6.2trillion as requested by President Bola...
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64Local News₦1.7b Disbursed to 20,000 Student Loan Applicants – NELFUND
The Nigerian Education Loan Fund said on Wednesday it had disbursed a total of N1.17bn to 20,000 students in five of the...
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61Local NewsMonthly Power Subsidy Soars by 151% to ₦211b
The electricity subsidy obligation of the Federal Government rose from N252.76bn to N633.30bn in the first quarter of 2024, a report by...
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171Local NewsReps Direct NNPC to Suspend Crude-for-loan Deal
The House of Representatives Special Joint Committee investigating factors working against the petroleum sector has directed the Nigerian National Petroleum Company Limited...
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123Economy & MarketFintechNGR, SEC Partner to Strengthen Regulations for Fintechs
In a significant move to deepen its advocacy objectives and enhance collaboration between regulators and Fintechs in Nigeria, FintechNGR, led by its...
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203Industry & MoneyFG Identifies 20 Priority Projects to Boost Nigeria’s Gas Supply
The ‘Decade of Gas’ working group yesterday said it had identified 20 priority gas projects, with potential to supply 4.6 BCFD by...
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142Banking & FinanceNational Assembly Amends CBN Act
The National Assembly, yesterday, passed an amendment to the Central Bank of Nigeria (CBN) Act, which increased the apex bank’s threshold of...
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316Stock MarketEquities Market Sustains Bearish Run
EQUITIES The Nigerian equities market sustained its bearish run, following losses in NB (-9.8%), ZENITHBANK (-2.2%) and UCAP (-9.0%). Consequently, the All-Share...
