RSNL, Retail Supermarket Nigeria Ltd winners of Shoprite in Nigeria, has announced the resumption of commercial activities at its store in Circle Mall, Jakande, Lekki area, after a 24-month-long closure. The …
BusinessNigeriaWestern Africa
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Western Africa
- BusinessBusiness and EconomyNigeriaWestern Africa
Nigerian Government warns against CBN’s proposed loan recovery from FAAC revenue
Nigerian Government have warned that given the constant reductions in FAAC Allocation to states, it would be suicidal if the Central Bank of Nigeria (CBN) goes ahead to carry out its proposed recovery of …
- BusinessBusiness and EconomyEconomyNigeriaTechnologyWestern Africa
Federal Government declares non-necessity for state of emergency, insists Lagdo Dam is not responsible
The Federal Government said there is no need to declare a state of emergency over the tragic flooding incidents across the country. This was made known on Thursday night by the …
- Banking, Finance & InvestmentBusinessNigeriaWestern Africa
CBN announces sales of Polaris for N50 billion to new owner
CBN, The Central Bank of Nigeria has announced the sale of Polaris Bank to a new owner, four years after the government took over the distressed Skye Bank, renamed it before …
Shell Petroleum Development Company (SPDC) has resumed export operations at the Forcados Oil Export Terminal, where repair works on the pipeline went in for weeks. The SPDC’s media relations manager, …
- Business and EconomyNigeriaWestern Africa
Nigerian government plans initiates strategy to turn N20 trillion CBN debt to bonds repayable over 40 years
The Nigerian government is to restructure its record N20 trillion debt to the central bank to bonds, a step seen as availing the revenue-starved government the luxury of longer time …
- EducationNigeriaWestern Africa
Federal Government plans to restructure NYSC to include a diaspora scheme
The Federal Government of Nigeria said plans are underway to restructure the National Youth Service Scheme (NYSC) to include a diaspora support scheme. This was disclosed by Finance Minister Dr. Zainab …
- AirtelBusinessNigeriaTelecommunicationsWestern Africa
Nigeria’s telecoms regulator shuns ‘unilateral’ tarriff hike, directs telcos to make a reversal
Nigeria’s telecoms regulator has asked phone operators to suspend voice and data tariff hikes they introduced a month ago. The Nigerian Communication Commission, NCC, said the operators had carried out …
- BusinessTechnologyWestern Africa
PropTech Hub Africa Inc makes International Debut at GITEX, World’s Largest Tech Conference
PropTech Hub Africa Inc. made its International Debut at GITEX, the World’s Largest Tech Conference in October 2022. The Founder/CEO of PropTech Hub Africa Inc. Dr. Freeman Osonuga represented the …
The Chinese government has opened police stations in Nigeria and in over 20 countries in Europe, the Americas, Asia and Africa in its effort to tackle the increasing criminal activities …