As Nigerians battle the persistent fuel crisis, the Nigerian National Petroleum Company has shut its petrol application portal against marketers, suspending fresh orders due to a huge backlog that …
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Equity market recovers with N178bn gain
The Nigerian equity market continued its seesaw movement on Thursday, as it rebounded from the previous day’s loss with a N178bn gain. The recovery was propelled by appreciation by …
Read More »Zone expands as Fair Money, Konga others join decentralised payment network
Popular payment service providers, Baxi by Onafriq, Microfinance Bank, FairMoney and licensed mobile money operator, KongaPay, have joined other banks and fintech on the Zone decentralised payment network. This …
Read More »NGX: Equities market rebounds as investors gain N178bn
The Nigerian equities market recovered from previous losses on Thursday as investors gained N178 billion at the close of the day’s trading. This followed a surge in the share prices …
Read More »Chevron promises to reduce carbon emission, gas flaring
Chevron Nigeria Limited has declared its commitment to “lowering carbon emission and reducing gas flaring in Nigeria”. Chevron’s General Manager, Policy, Government and Public Affairs, Mr Olusoga Oduselu, gave …
Read More »CBN gives payment providers 30 days to commence tracking of POS transactions
The Central Bank of Nigeria has issued a 30 days ultimatum to Payment Service Providers (PSPs) in the country to adhere to the revised routing instructions for Point of Sale …
Read More »Spain, US, France, India, Netherlands make Nigeria’s five exports destinations in Q2/24- NBS
Spain, the United States of America, France, India and The Netherlands have emerged as Nigeria’s five top export destinations in the second quarter of 2024. This is according to the …
Read More »Fuel hike: Stakeholders call for establishment of new committee in oil and gas sector
Stakeholders in the Nigerian oil and gas sector have called for the establishment of special structure akin to the Bankers’ Committee to drive development in the industry. The structure will …
Read More »IMF counsels Nigeria on ways to protect the poor from impact of petrol price hike
The International Monetary Fund (IMF) has advised the Federal Government to prioritize building and accelerating a social safety net to protect the poor from the impact of the recent fuel …
Read More »AFMESI to empower150 entrepreneurs
The African Marine Environment Sustainability Initiative has concluded plans to train 150 people how to harness the blue economy potential at a two-day workshop billed to take place later …
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