The Muhammadu Buhari administration has approved the setting up of integrated farm estates in all the senatorial districts across the country. Executive Secretary of the National Agricultural Land Development Authority…
The Nigerian National Petroleum Corporation earned revenue of N4.61tn and spent N4.52tn in 2020, according to a report released on Friday. The report, titled ‘2020 NNPC Annual Performance Review’, was developed by…
The Corporate Affairs Commission (CAC) says it has commenced the registration of two new forms of business registrations pursuant to CAMA, 2020. Garba Abubakar, CAC’s registrar-general, announced this in a statement…
The Economic and Financial Crimes Commission (EFCC) has arrested 10 persons for forex scams. The suspected fraudsters allegedly forged travel documents to procure foreign exchange from commercial banks in Kano. The…
Dr Amechi Obiora, one of the three founding members of EKO Hospital is dead. Obiora was the ‘O’ in the acronym, EKO, which was derived from Eneli, Kuku, Obiora, the three doctors that founded the Lagos-based hospital.…
President Muhammadu Buhari on Tuesday urged Nigerian graduates to apply for the Jubilee Fellows Programme. The programme, a Federal Government initiative in partnership with the United Nations Development Programme…
The Central Bank of Nigeria has directed all commercial banks to publish on their websites the names and Bank Verification Numbers of customers who engage in fraudulent and unscrupulous practices to obtain foreign…
The National Information Technology Development Agency has sanctioned Soko Lending Company Limited, an online lending platform, with a fine of N10m for privacy invasion. This was contained in a press statement titled…
The hacker behind one of the largest cryptocurrency heists to date has returned almost half of the $600m (£433m) stolen assets. On Tuesday, the firm affected, Poly Network wrote a letter on Twitter, asking the…
Following the reaction from some Nigerians of the failure of the Central Bank of Nigeria (CBN) to sanction violators of the Nigeria’s currency, the Nigeria apex bank said it has no power to take such action. In July,…
Popular Nigerian entrepreneur couple, Gloria Igberaese and Muyiwa Folorunsho have been declared wanted by INTERPOL over their involvement in multi-million dollar investment fraud. The entrepreneurs are said to be the…
UAC of Nigeria PLC (UAC) Board of Directors resolved on July 28, 2021, that Mrs. Funke Ijaiya-Oladipo shall be appointed as Group Finance Director of UAC with effect from July 28 2021. In addition to her other…
The Central Bank of Nigeria has stopped the sales of forex to the Bureau De Change operators in the country with immediate effect. The CBN Governor, Godwin Emefiele, disclosed this after the Monetary Policy Committee’s…
The Minister of State for Science and Technology, Mr Mohammed Abdullahi, has disclosed that 85 million Nigerians are on the verge to lose their jobs due to lack of digital knowledge and skills. The Minister stated this…
Nigerians, and by extension their businesses, spend around 7 trillion naira per year on power generation, renewable energy expert Stephen Ogboko said. Ogboko, also Executive Director and COO, Off-Grid Tech Solutions…
The Lagos chapter of the National Union of Road Transport Workers, locally called agberos, generates about N123.08bn annually, which could service the annual budget of Nasarawa, Niger, and Yobe states put together, a…
Seven persons have sustained fatal injuries and are feared dead at Dangote Sugar Company, in Gyawana, Adamawa State owned by Africa's richest man, Aliko Dangote. Reports from the area, which is about 70 kilometres from…
The House of Representatives adopted pay-as-you-go and a price slash for DSTV and other cable satellite operators in the country. The House considered and approved recommendations of the Ad–hoc Committee on…
An American-based Nigerian entrepreneur, and Chairman of BUNDI International Diagnostics Limited, Robert Udeaga, has promised to crash the current N49,000 cost of COVID-19 test kits to less than N5,000 in order to give…
Nigeria currently imports 2.2 million tonnes of fish while it produces 1.1 million tonnes against the total demand of 3.6 million tonnes annually. This was disclosed by the Federal Ministry of Agriculture and Rural…