News

Six African Presidents to Commission Dangote Petroleum Refinery Today

In an epoch-making event that will positively transform Nigeria’s oil and gas sectoral landscape, Six African President including Nigeria’s President Muhammadu Buhari will today commission Dangote Petroleum Refinery & Petrochemicals, the world’s largest single train refinery in Ibeju-Lekki, Lagos. Expected at the historic event apart from international dignitaries are the Presidents of Togo, Gnassingbé Eyadéma; […]

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Business

KamaPay to Showcase Cross-Border Payment Solutions at GITEX Africa 2023

KamaPay will be participating in the highly anticipated GITEX Africa 2023, taking place from 31 May – 2 June 2023 at Bab Jdid, Boulevard Al Yarmouk, Marrakech. GITEX Africa 2023 brings together industry leaders, researchers, and technology enthusiasts from around the globe. By taking part in this prestigious event, KamaPay seeks to further solidify its […]

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Business

Nigeria’s Financial Inclusion Target Continues to Wobble Amid Crisis in USSD Code Usage

Nigeria’s Financial Inclusion Target Continues to Wobble Amid Crisis in USSD Code Usage Nigeria’s financial inclusion target is shaky even as crisis rocks the use of the Unstructured Supplementary Service Data platform also known as the USSD Code. The Governor of the Central Bank (CBN), Mr Godwin Emefiele confirmed that there are challenges encountered by […]

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Business

Experts Advise Employees, Small Business Owners on Income Diversification

Salary earners, individuals, self-employed and small businesses have been advised to make deliberate efforts to save and diversify their income stream in the light of the current state of the nation’s economy. This was the submission of panelists at the webinar titled: Maximising your income: the power of diversification, organized by Ecobank Nigeria as part […]

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Business

I Asked AFEX to Hire Me Because I Know Nothing About Commodities, Says Obianuju Okafor

Some people follow a straight path in their careers, while others take unexpected turns. Such is the case of Obianuju Okafor, of Brand and Corporate Communications, AFEX. Obianuju studied Home Science, Nutrition, and Dietetics at the University of Nigeria, Nsukka, however, fate had other plans for her. Today, she is the creative force behind AFEX’s […]

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News

Subsea Cable Operator Seacom Suffers Cyber Attack, Customers Count Losses

Subsea cable operator Seacom has been hit by a cyber attack, impacting a small number of its customers. In a statement, the company says on Wednesday it experienced a cyber security incident, which was “contained timeously and limited” to its hosting environment. In addition, the company reveals that its initial investigation has found that no […]

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Business

BVN Has No Expiration Date, Says CBN

The Central Bank of Nigeria says enrollment on its verification platform has no expiry date. The apex bank disclosed this while reacting to claims that the Bank Verification Numbers, BVN, issued to customers expires after 10 years. In a statement signed by the Ag. Director, Corporate Communications Isa AbdulMumin, the CBN urged bank customers to […]

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Business

Seplat Energy’s $951.8m 2022FY Revenue and Transition Plan Excite Shareholders

Seplat Energy Plc, a Nigerian independent energy company listed on both the Nigerian Exchange Limited (NGX) and the London Stock Exchange (LSE) has held its 10th Annual General Meeting (AGM) virtually with shareholders, regulators, company directors, and the media, amongst other stakeholders joining virtually. In his address to shareholders and other stakeholders during the AGM, […]

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Business

Buhari Needs Senate Approval for $800m Loan to Cushion Fuel Subsidy Removal Effects

President Muhammadu Buhari has sent a letter to the Senate seeking approval to take a loan to the tune of $800 million from the World Bank to cushion the effects of subsidy removal. This follows the Federal Government’s April announcement of an $800 million World Bank grant targeting 50 million vulnerable Nigerians or 10 million […]

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Business

Abuja High Court Bars NBC from Imposing Fines on Broadcast Stations

A Federal High Court Abuja, on Wednesday, gave an order of perpetual injunction restraining the National Broadcasting Commission (NBC) from imposing fines, henceforth, on broadcast stations in the country. Justice James Omotosho, in a judgement, also set aside the N500,000 fines imposed, on March 1, 2019, on each of the 45 broadcast stations. Justice Omotosho […]

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