BUSINESS
Obi Cubana Pledges Sponsor To Any Developer Of African Smartphone
Billionaire businessman, Obi Cubana has promised to sponsor any tech-savvy individual of African descent to create a smartphone for the African market. The Cubana Group boss revealed this during an Instagram Live video, noting “he has one crazy ide...
Bulk Sale Of Petroleum Products From Port Harcourt Refinery Yet To Commence — NNPCL
The Nigerian National Petroleum company limited has clarified that it has not commenced bulk sales of product from the Port Harcourt refinery following the...
Nigeria’s Per Capita Budget One Of The Smallest Globally — Presidential Aide
The Special Adviser to the President on Economic Matters, office of the Vice President, Dr. Tope Fasua has said Nigeria's annual budget is one...
From June, There Won’t Be Any Need To Import A Litre Of Fuel Into Nigeria — Dangote
The Chairman of the Dangote Group, Aliko Dangote, has said that with the plan the Dangote Refinery has in place, Nigeria will not need...
CBN Raises ITMO Application Fee To N10m, Restricts Banks, Fintechs From Providing Services
The Central Bank of Nigeria (CBN) has increased the application fee for the international money transfer operators (IMTO) licence application fee from N500,000 to...
FG Blasts PDP Governors Over Comment On Hardship In Nigeria, Says Party Part Of The Problem
The Federal Government has blamed the governors elected on the platform of the Peoples Democratic Party (PDP) for the economic hardships Nigerians are facing. ”It...
Amazon To Eliminate Over 18,000 Jobs
Amazon announced Wednesday it will cut more than 18,000 jobs from its workforce, citing “the uncertain economy” and the fact the online retail giant...
Nigeria’s Debt May Hit N77tn, Says DMO As FG Spends N5.2tn On Debt Serving In 2022
Nigeria’s public debt burden may hit N77tn if the National Assembly approves the request by the President, Major General Muhammadu Buhari (retd.), to restructure...
Nigeria Must End Dependence On Crude Oil – Emefiele
Godwin Emefiele, governor of the Central Bank of Nigeria, says the country must end its dependence on crude oil for revenue and foreign exchange. Emefiele...
N206bn Inserted In My Ministry’s Budget For Equipment Procurement, Says Umar-Farouq
Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar-Farouq, yesterday, told senators that the N206 billion inserted in the ministry’s budget was...
