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Business
CBN suspends processing fees on cash deposits above N500k
The Central Bank of Nigeria (CBN) has suspended the processing fees on cash deposits above N500,000 until April 2024.
The apex…
Why foreign airlines may exit Nigeria’s airspace – IATA
The International Air Transport Association (IATA) has threatened that foreign airlines operating in the Nigeria may exit the…
UK backs AfDB with $1b for South Africa’s clean energy transition
The African Development Bank has secured a $1 billion guarantee from the United Kingdom to increase lending towards South Africa’s…
Resolve disputes on fossil fuel deal, COP28 head urges countries
The Emirati chairman of UN climate talks stepped up pressure on countries on Sunday, warning that "failure is not an option" in…
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…