BUSINESS
NERC Explains Reason For Saturday’s Grid Collapse
The Nigerian Electricity Regulatory Commission has revealed that Saturday’s grid collapse was a result of a current transformer explosion. For the third time in one...
Air Peace Raises One Way Ticket From Lagos To Abuja To 200k
From November 1, 2024, a one-way flight ticket from Lagos to Abuja on Air Peace is to hit N200,000. The harsh economy has been affecting...
N200/SCM Vs N1,000/Litre Petrol: Tinubu Introduces CNG As Cheaper Alternative To Petrol
President Bola Tinubu says Nigerian motorists now have the option of buying fuel at N1,000 per litre or gas equivalent at N200 per Standard...
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...
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...
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...
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...
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,...
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...
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...
