Business

AfDB approves $7.88m grant to boost renewable energy in Africa

The African Development Bank (AfDB) Group’s Board of Directors has approved a 7.88 million dollars grant from the Sustainable Energy Fund for Africa (SEFA) for the Africa Energy Transition Catalyst…

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Telecoms investment in Nigeria now $75.6bn, Danbatta declares

…………..As sector added N10.126 trillion to GDP in 2022 The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has officially announced that the investment…

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DMO: 2 FGN savings bonds ready for subscription

The Debt Management Office (DMO) has listed two Federal Government of Nigeria (FGN) Savings Bonds for subscription for July, at N1,000 per unit. According to a statement by the DMO…

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Stakeholders commend Aero contractors for smooth Hajj transportation

Stakeholders in the Hajj Industry have commended the performance of the Aero Contractors on the outbound movement of pilgrims from Nigeria to Saudi Arabia. They made the commendation on Sunday…

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Truck Drivers seek repair of old refineries as remedy to subsidy removal

The National President of Heavy Duty Truck Drivers Association, Mr Uche Nebuwa, says there will be no remedy to the hike in pump price of fuel caused by subsidy removal…

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NPA begins cargo evacuation to decongest Port

The Nigerian Ports Authority (NPA) has begun the evacuation of overtime cargoes to help decongest the port. The General Manager, Corporate and Strategic Communications, NPA, Mrs Josephine Moltok, disclosed this…

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Data Agency reacts to CBN’s demands on bank customers’ social media handles

The Nigeria Data Protection Commission (NDPC) says it engaging the Central Bank of Nigeria (CBN) on its new directives to commercial banks to collect their customers’ social media handles. The…

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Naira drops further at investors, exporters window

The Naira on Tuesday dropped further, exchanges for N763 against the dollar at the Investors and Exporters window. The Naira depreciated by 0.67 per cent when compared with N768.17 for…

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SERAP threatens to sue CBN over regulations on customers’ social media handles

Socio-Economic Rights and Accountability Project (SERAP) has urged Mr Folashodun Shonubi, Acting Governor, Central Bank of Nigeria (CBN) to “immediately delete the patently unlawful provisions in the Central Bank of…

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