On February 14, 2022, the national electricity grid suffered a system collapse and caused power outages nationwide. Nigerians have been experiencing power cuts for weeks amid a surge in fuel
Business
The Central Bank of Nigeria (CBN) has introduced cash collection centres called Bank Neutral Cash Hubs (BNCH), to be established by registered processing companies or deposit money banks (DMBs) based
The Nigerian Export Promotion Council (NEPC) says Nigeria’s non-oil export products have increased by 56 percent, amounting to $3.45 billion in 2021. The council had announced N50 billion export expansion facility
The Nigerian-British Chamber of Commerce (NBCC) will hold its maiden conference and exhibition fair aimed at unlocking opportunities in the trade, investment and healthcare sectors. Akin Osuntoki, NBCC’s vice-president and
The Nigerian Postal Services (NIPOST) says it has moved away from analogue operations and embraced technological solutions. Ismail Adewusi, postmaster
The federal government says it will use $2.2 billion of the fund raised via eurobond to cater for petrol under-recovery
Oxford International Group (OIG) says its registration with the Securities and Exchange Commission (SEC) is still under process. OIG said
The consumer price index, which measures the rate of increase in the price of goods and services, rose to 15.70
Abbey Mortgage Bank has launched a mobile banking application to simplify the mortgage banking industry. The company unveiled the app
Umar Danbatta, executive vice-chairman of the Nigerian Communications Commission (NCC), says the agency will continually drive initiatives to accelerate the
