The Nigerian National Petroleum Corporation (NNPC) has contracted Innoson Vehicle Motors (IVM) to produce Condensed Natural Gas cars, the indigenous car manufacturer has said. The Chairman of Innoson Group, Innocent…
Going by the words of Nigerian National Petroleum Company Limited (NNPCL) Group Managing Director/ Chief Executive Officer (GMD/CEO) Mele Kyari, petrol will sell for between N320 and N340 per liter from February, next…
The recent advancement in technology has revolutionized the banking industry. People are not relying on the paper-based banking system as they can perform the same task via a secured online portal. Things have escalated…
The naira was trading at N545 to the dollar on the parallel market at the weekend, maintaining its strongest level since early September 2021. The local currency exchanges at N411.59 to the dollar at the official…
Africa's richest man, Aliko Dangote has lost his younger brother, Sani Dangote to the cold hands of death. Sani who was the Vice President of Dangote Group reportedly died at a United States of America hospital on…
The prestigious NLNG's Award which takes place every October has been hosted this year with a lot to talk about. It came with a whooping sum of $100,000 for Nigeria prize for Literature, a $100,000 prize for Science and…
The cryptocurrency market is now worth more than $3 trillion. The little more than a decade old market for digital assets has already roughly quadrupled from its 2020 year-end value, as investors have gotten more…
Zimbabwe has been paying attention to the increasing demand for crypto among its people, which it views as a possible avenue for growth. The country has also been receptive to regulating the entire sector. Zimbabwe’s…
A cryptocurrency inspired by Netflix’s internationally hit TV show “Squid Game” scammed investors in what appears to be a $3.38 million “rug pull” scheme. Dubbed “SQUID,” the cryptocurrency plunged to almost a fraction…
Elon Musk, the world's richest man, challenged a United Nations (UN) official's claim that just a small percentage of his wealth could help solve world hunger. Musk was responding to comments by David Beasley, director…
Barely three days after its launch, CBN newly introduced eNaira Wallet application has been removed from Google Play However, the app is currently available on the Apple app store with 2.6 over 5 ratings. The digital…
The Federal Government has exempted fully vaccinated travellers from the mandatory one-week isolation. The Nigeria Centre for Disease Control (NCDC) confirmed the development on Tuesday in a Facebook post. Chairman of…
Bitcoin rallied to a record, topping $66,000 for the first time, as optimism surged for greater mainstream acceptance in the wake of the successful launch of the first exchange-traded fund for U.S. investors. While the…
The Federal Government have listed fresh conditions to inbound travellers to Nigeria after the United Kingdom relaxed its COVID-19 travel restrictions for fully vaccinated Nigerians. In a statement on Friday, Secretary…
The value of the naira fell further by 1.68 per cent against the dollar at the official market on Thursday. At the Investor & Exporter foreign exchange window, the local currency opened at 413.15/$1 on Thursday but…
Microsoft announced Thursday it will shut down its local version of LinkedIn in China as the country continues to expand its censorship of the internet. LinkedIn was the last major U.S.-operated social network still…
President Muhammadu Buhari on Tuesday approved the appointment of Dr Ezra Yakusak as the new Executive Director/Chief Executive Officer of Nigeria Export Promotion Council, NEPC. The development was revealed in a…
Ikeja Electric Plc (IE), at the weekend, introduced a new platform that will enable customers to track vending and energy usage. Known as the Singleview - an interactive platform designed to enable prepaid meter…
As the naira crisis continues to worsen, foreign carriers operating in Nigeria have begun moves to reduce the total number of tickets they sell on Nigerian routes amid worsening dollar scarcity that has made it…
Hon. Mohammed Gudaji Kazaure representing Kazaure/Roni/Gwiwa/Yankwashi Federal Constituency in the House of Representatives has said President Muhammadu Buhari has budgeted the sum of over N5.1 trillion to service…