President Muhammadu Buhari has endorsed the establishment of the Nigerian Diaspora Investment Trust Fund (NDITF). NDITF is a private sector investment window with Nigerians in the diaspora to support direct
Business
Bolt, a ride-hailing company, says it has raised $712 million (€628 million) to expand its transportation and food delivery super app. Sequoia Capital and Fidelity Management and Research Company participated
The Nigerian Communications Commission (NCC) says the country’s internet subscribers rose to 140.41 million in November 2021. The commission said this in a recent update of industry statistics posted on
The management of the Abuja Electricity Distribution Company (AEDC) says it has paid outstanding salaries, allowances and other entitlements of
The Federal Airports Authority of Nigeria (FAAN) says it has arrested over 90 persons for allegedly carrying out nefarious activities
The Nigeria Employers’ Consultative Association (NECA) says the federal government should suspend the new excise duty of 10/litre on carbonated
The Securities and Exchange Commission (SEC) says it will launch a revised version of the 10-year capital market master plan