The Nigeria Inter-Bank Settlement System (NIBSS) has said that financial institutions lost almost N18 billion to fraud in 2023. This information was disclosed in its Annual Fraud Landscape…
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The Nigeria Electricity Regulatory Commission (NERC) on Monday announced the deregulation of meter prices under the Meter Asset Provider (MAP) scheme for customers. A circular issued…
The Central Bank of Nigeria (CBN) has ordered four fintech companies to put on hold the onboarding of new customers until further notice. The firms under scrutiny…
Multichoice, a Broadcasting firm, raised the pricing of its offers in Nigeria on Wednesday, April 17, four months after the prior rise.The revised prices will take…
As part of its effort to improve seaport infrastructure, Nigeria’s government announced on Sunday, that it had secured a $600 million investment in its seaport infrastructure…
Festus Keyamo, Minister of Aviation and Aerospace Development, has announced that local airline operator Air Peace will begin flights between Abuja and London very soon. Keyamo,…
Nigeria’s government has revoked 924 dormant mining titles with immediate effect and it is urging investors to apply for the licences. The country’s Minister of Mines…
The naira slumped further against the United States dollar at the official market on Tuesday, closing at 1,300 per dollar. This came as the Central Bank…
As a result of the large sizes of the power distribution companies in Nigeria, the Federal Government declared on Monday that is in the process of…
The Nigerian National Petroleum Company Limited (NNPC) has announced that a Joint Venture partner, Newcross Exploration and Production Ltd has successfully resumed operations at the Awoba…