The Honourable Minister of Solid Minerals Development, Dr. Dele Alake, has unveiled a transformative new rates regime for services rendered by the Ministry’s departments and agencies, marking a significant step in the ongoing efforts by the present administration to enhance the sector's economic consolidation and international competitiveness.
Dr Alake made...
Central Bank of Nigeria (CBN) Governor Yemi Cardoso has unveiled ongoing investigations into foreign exchange forwards worth approximately $2.4 billion, highlighting discrepancies and irregularities in these transactions.
Governor Cardoso disclosed this information following the Monetary Policy Committee (MPC) meeting in Abuja, shedding light on the forensic audit conducted to assess...
Polaris Bank has introduced its Agency Banking Solution to serve as a vehicle to reach the unbanked and underbanked, as well as deepen financial inclusion across the country.
The product known as ‘SurePadi’ was designed to provide convenient and easy access to funds and other banking services in far-flung neighbourhoods,...
Says Africa Has Indeed Woken Up
Vice President Kashim Shettima has said serious investors can now take unfettered advantage of Nigeria’s growing investment climate to tap from the limitless opportunities in the country and the African continent.
VP Shettima spoke on Tuesday during a forum titled, "Roadmap to Co-create Investment...
President, Dangote Group, Alhaji Aliko Dangote, said close to $500m have been expended on the Dangote Sugar Refinery in Tunga, Nasarawa State, with the project when completed, expected to generate 90 megawatts of power, as well as provide direct employment for thousands.
Alhaji Dangote disclosed this when he led the...
The Minister of Information and Culture, Alhaji Lai Mohammed, has said BUA Cement's massive increase in production, especially since 2015, was made possible by the conducive business environment provided by the Federal Government.
The Minister, who stated this during a media tour of BUA Cement's Sokoto Plant on Wednesday, listed...
United Bank for Africa (UBA) Plc on Monday awarded millions of Naira as education grants to winners of its annual national essay competition.
A 14 year-old student of Louisville Girls High School, Ogun State, Miss Oluwatoroti Jolaosho emerged the overall winner of the 2019 edition of the UBA Foundation National...
Amazon founder Jeff Bezos has regained his position as the world's wealthiest individual, surpassing Elon Musk in net worth. Bezos' rise to the top spot comes as Tesla CEO Musk sees a decline in his fortune due to fluctuations in Tesla's stock price and legal challenges.
On Monday, Jeff Bezos...
The vision of Governor Udom Emmanuel, to make the Akwa Ibom State owned Airline, Ibom Air, become the West African Aviation power house, is nearing reality, following indications that Ibom Air could soon commence regional operations between Nigeria and The Gambia.
This was part of discussions Monday, when the Gambian...
In a milestone celebration, Jimpo Ori, a leading producer of refined shea butter, marks its 10th anniversary with pride and gratitude. Since its inception, the company has been dedicated to delivering premium-quality shea butter products to consumers worldwide, contributing to the empowerment of local communities and the sustainable development...
