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Business
321,867 SMEs get $1.4bn funding in six years – World Bank
The World Bank said on Friday that 321,867 Micro, Medium, and Small Enterprises have received $1.4 billion in wholesale funding…
Multichoice hikes DStv, GOtv subscription rates for third time this year
Multichoice has raised the cost of its products in Nigeria just days after posting a $72 million loss in its third-quarter…
NNPCL discovers over 4,800 illegal oil Pipeline connections in Nigeria
The Nigerian National Petroleum Company Limited (NNPCL) says it discovered over 4,800 illegal connections on oil pipelines in the…
Shell to invest $6bn in Nigeria Offshore, Gas Investments
Shell sees $6 billion in investment prospects in Nigeria, particularly in offshore, gas and liquefied natural gas (LNG) projects,…
Dangote refinery receives first crude supply
The first crude feedstock for Dangote’s 650,000 b/d refinery has arrived the country, according to SP Global quoting market…
FIRS, CAC to strengthen revenue generation
The Federal Inland Revenue Service and the Corporate Affairs Commission have agreed to strengthen their existing collaboration to…
Power crisis raises product costs by 40% – Report
The poor state of electricity in Nigeria adds 40 per cent to the cost of manufactured products, a new report by Nanyang Technology…
Tinubu names new members of National Council on Privatization
President Bola Tinubu has authorised the appointment of four new members to the National Council on Privatisation (NCP), who would…
What we know about FG’s directive on disconnection of non-financial…
The Nigeria Inter-Bank Settlement System plc (NIBSS) has directed banks to disconnect all non-deposit financial institutions from…
FG orders removal of non-deposit financial institutions from transfer list
Banks have been asked to disconnect Switches, Payment Solution Service Providers, and Super Agents from the Nigeria Inter-Bank…