The Nigeria Data Protection Commission has stressed the need to protect Nigerians’ online data. The National Commissioner of the NDPC, Dr Vincent Olatunji, disclosed this as the Commission signed …
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175,000 Ogun businesses may get N150bn loan – Official
The Ogun State Manager of the Small and Medium Enterprise Development Agency of Nigeria, Mr Abiodun Awoniyi, on Tuesday, said that the Federal Government is targeting to assist at …
Read More »Opeke exits MainOne after Equinix’s $320m buyout
The Founder and Chief Executive Officer of MainOne, Funke Opeke, has stepped down following Equinix’s $320m acquisition of the Nigerian internet connectivity giant, a deal initially announced in 2022. …
Read More »MTN acquires additional shares in MoMo PSB
Nigeria’s biggest telco, MTN, has acquired the remaining 7.17 per cent minority interest in MoMo Payment Service Bank for N6.95bn, in a move to strengthen its position in the …
Read More »Vessels with 101m litres of petrol arrive Nigeria
The Nigerian Ports Authority has said that two vessels carrying a total of 101.9 million litres of Premium Motor Spirit popularly known as petrol will be discharging at the …
Read More »NNPC highlights funding challenges for gas projects
The Nigerian National Petroleum Company Ltd has stated that the country is currently struggling with insufficient funding to develop its domestic gas projects. It said the low funding is …
Read More »NGX: Nigeria’s equities market rebounds with N131bn gain for investors
Investors in the Nigerian equities market gained N131 billion at the close of trading on Tuesday. This followed a surge in the share prices of stocks like CONOIL, JOHN HOLT, …
Read More »Oil marketers affirm support for Dangote refinery, seek fair pricing
Oil marketers have clarified that they are not opposed to Dangote Refinery and are open to purchasing refined Premium Motor Spirit from the facility. The President of the Petroleum …
Read More »Finance Minister, Edun, sheds light on market-based FX rate, deregulated oil market pricing
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has expressed optimism about the country’s ongoing economic reforms, citing sustainability and signs of success. Speaking on …
Read More »FUEL PRICE WAR: Retail outlet owners take on Dangote Refinery over ‘exploitative’ pricing
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has vehemently criticized Dangote Refinery’s pricing strategy, accusing the company of trying to stifle competition in the downstream sector. This …
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