The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has awarded 25-year…
Category: Business
Nigeria Issues 1.8 Million Passports, Repatriates 828 Foreigners in 2024: Minister Highlights Achievements
The Nigeria Immigration Service (NIS) issued no fewer than 1,836,533 passports and repatriated 828 foreigners between…
CBN Waives 2025 License Renewal Fee for Bureau De Change Operators
The Central Bank of Nigeria (CBN) has waived the non-refundable annual license renewal fee for Bureau…
Naira Strengthens as U.S. Dollar Faces Significant Weekly Loss
The naira gained ground against the U.S. dollar on Monday, appreciating to N1,650 per dollar in…
Nvidia Shares Plunge Amid Rise of Chinese AI Chatbot DeepSeek
US tech giant Nvidia lost over a sixth of its value after the unexpected surge in…
Central Bank of Nigeria Issues Deadline for Compliance Reports on FX Code
The Central Bank of Nigeria (CBN) has directed participants in the foreign exchange (FX) market to…
Digital Bridge Institute Partners with SBTS Group to Bridge Nigeria’s Digital Skills Gap
The Digital Bridge Institute (DBI) has announced a new collaboration with the United States-based SBTS Group…
Federal MDAs Spend Over ₦16bn on Estacodes and Compensations in Two Years
The ministries, departments, and agencies (MDAs) of the Federal Government spent over ₦16 billion on estacodes…
Nigerian Banks Race Against Deadline to Settle USSD Debt
The Nigerian Communications Commission (NCC) and telecommunications companies have ruled out extending the deadline for banks…
Nigeria’s Solid Minerals Corporation to Be Modeled After NLNG, Says Minister
In a meeting with the British Deputy High Commissioner to Nigeria, His Excellency Jonny Baxter, the…