Transcorp Group adds 138MW to power generation capacity

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Trans-Afam Power Ltd, a subsidiary of  Transcorp Group, has announced the completion of the rehabilitation of its Afam 5 GT unit 20 Gas Turbine...

SpaceX Announces Nigerian Operation, First In Africa

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The Space Exploration Technologies Corporation, SpaceX on Monday announced that it has commenced the operation of Starlink services in Nigeria, the first African country to...

FG To Service CBN Overdraft N4.65 Trillion This Year

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Barring any unforeseen, the Federal Government may pay as much as N4.65 trillion servicing its debt held by the Central Bank of Nigeria (CBN)...

Nigeria’s Data Protection Market Exceeds N5.5Billion Valuation 

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...Pantami optimistic privacy law will boost investors’ confidence Nigeria’s data protection market is now valued in excess of N5.5 billion as Minister of Communications...

Buhari Approves 10-Day Extension of Old Naira Notes Expiry Date, Deadline...

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President Muhammadu Buhari has approved a 10-day extension of the expiry date of the old Naira notes from January 31, 2023, to February 10,...

Stamp Duty: CBN says N378.7 billion collected in six years

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The Central Bank of Nigeria (CBN) has said that the total revenue collected as stamp duty in the last six years is N378.7 billion. The...

Sanwo-Olu Signs N1.76 Trillion 2023 Lagos Budget Into Law

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The Lagos State Governor Babajide Sanwo-Olu, on Friday, signed the State’s N1.768 trillion “Budget of Continuity” into law to consolidate the development strides of...

CBN Unveils Nigerian National Domestic Card Scheme “AFRIGO”

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Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has formally unveiled the Nigerian National Domestic Card Scheme, known as AfriGo, in...

NPC Commences Training Of 786,741 Workers

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The National Population Commission (NPC) has revealed that 786,741 workers would be trained and deployed for the 2023 census. NPC’s Director of Public Affairs, Isiaka...

Airtel Introduces eSIM Into Nigeria’s Telecoms Market

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Telecommunications services provider, Airtel Nigeria, has announced the launch of eSIM (embedded SIM) – a digital SIM that enables customers to access the same...

Recent Posts

Stanbic IBTC Bank Rewards 70 Another Customers

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Stanbic IBTC Bank recently announced 70 more customers as winners of ₦100,000 each in its Reward4Saving promo March draw. The promo was launched to...

FG Begins 14-day Paternity Leave For Civil Servants

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The Federal Government has approved the commencement of 14-working-day paternity leave for federal civil servants. The Head of the Civil Service of the Federation Dr....

AfDB Approves $115 Million Loan To Abia For Road Rehabilitation, Erosion

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The Board of Directors, African Development Bank (AfDB), has approved a loan of 115 million dollars to support a major road rehabilitation project in...

MTN, Airtel, Others To Disconnect Banks’ USSD Code Over N80 Billion Debt

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Eng. Gbenga Adebayo, Chairman, Association of Licensed Telecoms Operators of Nigeria (ALTON),  has disclosed that network providers will disconnect banks from the Unstructured Supplementary...

COP27: AfDB Awards $2 Million To 20 African Youth-led Businesses

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The African Development Bank on Friday awarded $2 million to 20 African youth-led businesses, a press statement issued by the bank has said. The initiative,...