BUSINESS
AI Software Company Cogna Lands $15m Investment From Leading Venture Capitalist
An AI software company which counts Britain's largest gas distribution network among its clients will this week announce it has secured $15m (£11.6m) in...
Dangote Refinery Sells Petrol At N960/Litre To Ships, N990 For Trucks
Dangote Refinery has disclosed the price of its petrol, saying that it sells at N990 per litre in trucks and N960 per litre into...
We Have Disbursed Conditional Cash Transfer To 25 Million Nigerians — FG
The Federal Government on Thursday said 25 million Nigerians have so far received the ₦25,000 conditional cash transfer. The Minister of Finance and Coordinating Minister...
Ghana Targets Fuel Imports From Dangote Refinery
Ghana could buy petroleum products from Nigeria’s Dangote Petroleum Refinery once the facility is operating at full capacity, cutting more expensive exports from Europe,...
FG Urges States To Comply With Payment Of N70,000 Minimum Wage
The Federal Government has appealed to state governments yet to comply with the new National Minimum Wage Act and commence paying the new N70,000...
Moniepoint Joins Africa’s Unicorn Club After Raising $110m From Google, DPI
Moniepoint, a leading Nigerian fintech company, has secured $110 million in funding from prominent investors, including Google and Development Partners International (DPI). The nine-year-old startup...
We’re Experiencing Low Patronage At Filling Stations, Petrol Marketers Cry Out
With the price of a litre of petrol now above ₦1,000 in most filling stations across Nigeria, petrol marketers have lamented low patronage at...
We’ve No Hand In Nigeria’s Fuel Subsidy Removal, Says IMF
The International Monetary Fund (IMF) clarified that it was not behind Nigeria’s recent removal of fuel subsidies, a decision made independently by the Nigerian...
BVN Platform For Nigerians In Diaspora Ready By December – CBN
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said the bank verification number (BVN) platform will be launched by December...
IMF Says Naira Showing Signs Of Stability
The International Monetary Fund (IMF) has said Nigeria’s currency, the naira, is showing signs of stability. This, it said, is due to recent interest rate...
