Calendly, a $3 billion scheduling startup has acquired Prelude, a startup specializing in the hiring process. Prelude is specifically geared toward scheduling job interviews or other types of recruitment-related meetings. Tope …
Nigeria
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CBN to debit banks on Thursday after CRR Raise To 32.5%
The Central Bank of Nigeria (CBN) says it will debit all banks in the country on Thursday, Sept. 29, for the Cash Reserve Ratio (CRR) to allow for the mopping-up of liquidity. …
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AfricaBusinessEconomyNewsNigeriaOil & GasWestern Africa
Six International oil companies to remit N380bn for domestic crude oil sales in October
The Nigerian National Petroleum Company (NNPC) Limited says six international oil companies (IOCs) will remit N380.04 billion in October as proceeds from the sale of domestic crude oil in July …
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Senate urges FG to tax unoccupied houses in Abuja
The Senate Committee on Federal Capital Territory (FCT) has asked the federal government to tax unoccupied houses in the territory as a way of generating revenue and reducing housing deficit. …
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Nigeria Air: FG announces Ethiopian Airlines as preferred bidder
As part of preparations to float the proposed national carrier, Nigeria Air, the Federal Government on Friday announced Ethiopian Airlines as the preferred bidder. Minister of Aviation, Sen. Hadi Sirika, said …
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PenCom approves use of RSA balance for mortgage
The National Pension Commission (PenCom) on Friday announced that it has approved guidelines for pension contributors in active employment to get a residential mortgage using their retirement savings account (RSA). …
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Nigeria seizes $278m of cocaine in country’s biggest drug bust
Nigeria’s anti-narcotics agency seized cocaine worth $278 million on Monday, the biggest single drug bust in the country’s history, it said on Twitter on Monday. The 1.8 tons of cocaine …
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AfricaAFRICA NEWSBusinessEnergyNewsNigeriaOil & GasWestern Africa
NNPC says Nigerians won’t experience petrol scarcity in December and beyond
The Nigerian National Petroleum Company Limited ( NNPC) says the country will not experience petrol scarcity in December and beyond as it has made adequate arrangements for supply. Mr Umar Ajia, …
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Nigerian government partners with France to improve electricity supply
The Nigerian government and the French Development Agency (AFD) in France has signed a grant agreement of €25 million for the Northern Corridor Project jointly funded by the European Union and …
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FGN savings bonds worth N2.1 billion were allotted to retail investors in the Nigerian capital market by the Debt Management Office (DMO). This information was disclosed by the debt office …