Tosin Eniolorunda, founder and Group Chief Executive Officer of Moniepoint, has been named honorary chairman of the first cohort of the Askya AI Growth Platform, a new pan-African initiative offering …
Business
The Nigeria Police Force National Cybercrime Centre has arrested a 27-year-old woman, Hafsat Abubakar, for allegedly creating and circulating a fake notice claiming that OPay was shutting down its operations. …
Akwa Ibom State Governor, Pastor Umo Eno, has pledged the state government’s support for the completion of the National Integrated Power Project (NIPP) Lot 18 transmission line along the Ikot …
- BusinessBusiness & MarketsOil & Gas
N431bn Oil Marketers’ Debt Puts NMDPRA Under Fresh Audit Scrutiny
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) is facing renewed scrutiny after the Auditor-General for the Federation uncovered more than N432bn in unpaid debts, statutory levies and other …
- BusinessBusiness and EconomyBusiness Growth
Dangote Urges Africa To Be Bold, Drive Change And Build Prosperity
President and Chief Executive Officer of Dangote Industries Limited, Aliko Dangote, has urged Nigeria and other African countries to embrace bold initiatives capable of driving economic transformation and creating greater …
Leading Nigerian fintech company OPay has dismissed viral reports claiming that it plans to shut down its operations in Nigeria, reassuring customers and merchants that it remains fully committed to …
- BusinessEnergyPartnerships
Nigeria, IEA Strengthen Energy Partnership As Country Joins Global Energy Family
Nigeria and the International Energy Agency (IEA) have signed a Joint Work Programme (JWP) aimed at strengthening cooperation in energy data, policy development and investment across the sector. The agreement, …
- BusinessBusiness and EconomyNigeriaUGANDA
Uber Exits Nigeria And Uganda As Costs And Competition Grow
Uber is ending its ride-hailing operations in Nigeria and Uganda, bringing its services in both African countries to a close with immediate effect. The company said it reached the decision …
The Financial Reporting Council of Nigeria (FRC) has announced an end to the repeated submission of financial statements by companies to different government agencies and regulators, following the launch of …
C Under the new rules released yesterday, the SEC said: “The regulations would apply throughout Nigeria and cover all persons engaging in or offering online forex trading services to residents …