Alibaba Philanthropy and the Jack Ma Foundation are awarding $1.5 million in grants to African entrepreneurs as part of the…
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Dimension Data Secures N20bn Bond to Boost Nigeria’s Digital Infrastructure
Dimension Data Nigeria has raised ₦20 billion through a newly executed bond programme to expand critical digital infrastructure and enhance…
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Weak Maintenance Causes 10–15% Energy Losses in Nigerian Industries – MAN
The Manufacturers Association of Nigeria has revealed that maintenance lapses are responsible for 10 to 15 per cent of energy…
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NNPC to Begin Exporting New Crude Grade ‘Cawthorne’ in March
Nigerian National Petroleum Company Limited (NNPC) has announced that Nigeria will start exporting a new light, sweet crude grade called…
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IFMA Nigeria Expands Smart Infrastructure Drive with Oyo Branch
The International Facility Management Association Nigeria Chapter has inaugurated its Oyo State branch as part of efforts to modernise the…
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Nigeria Embraces Private Capital, Reduces Reliance on Expensive Foreign Debt – Edun
Nigeria is shifting its economic strategy from costly external borrowing to one driven by private investment and domestic reforms, according…
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Nigeria Customs Service Denies Forex Rate Manipulation Claims
The Nigeria Customs Service (NCS) has dismissed allegations that it determines or manipulates foreign exchange rates used for import and…
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Naira Strengthens Against US Dollar in Official and Black Markets
The Nigerian Naira continued its upward trend against the US Dollar on Wednesday, recording gains in both official and parallel…
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Market Disruption Unlikely as PFAs Move to Meet New Capital Requirements
Nigeria’s pension industry is unlikely to face major market disruption as Pension Fund Administrators (PFAs) race to meet the new…
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Customs Officer Killed in Ogun Ambush as NCS Seizes ₦3.32bn Smuggled Goods
The Nigeria Customs Service (NCS), Federal Operations Unit (FOU) Zone ‘A’, has confirmed the death of one of its officers,…
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