PalmPay launches new security version on CBN’s directive
Payment platform PalmPay has launched a new security in-app version that mandates all new users to input their BVN or...
Month: December 2023
20 killed in vandalized Agip pipeline explosion
No fewer than 20 persons have reportedly been killed after a crude oil condensate pipeline operated by the Nigerian Agip...
Alleged violations: FCCPC slams $110m fine on BATN, others
The Federal Competition and Consumer Protection Commission (FCCPC) has slammed a penalty of $110 million on British American Tobacco Nigeria...
CBN’s recognition of digital assets important to Nigeria’s evolving financial landscape — Expert
Experts in cryptocurrencies have said the lifting of ban on crypto transactions in Nigeria by the Central Bank of Nigeria...
Mobile roaming revenue to hit $45bn by 2024 – Report
Kaleido Intelligence estimates that wholesale and retail revenues from consumer and IoT roaming connections will hit $45 billion next year....
Nigerians paid N1287.10 for kerosene in November – NBS
The average retail price per litre of Household Kerosene (HHK) paid by consumers in November 2023 was N1287.10, indicating a...
Nigeria, two others recommit to OPEC after Angola’s exit
OPEC nations Iraq, Nigeria and the Republic of Congo affirmed their commitment to the oil-producer group following the exit of...
Consumers pay N783bn as electricity subsidy gulps N376bn
Power consumers in Nigeria paid a total of N782.6 billion for electricity between January and September, this year as the...
Why Nigeria must accelerate adoption of renewable energy sources
Last year, the nation’s national electricity grid collapsed several times. That trend seems to have stopped, per a statement from the Transmission...
Prestigious Obafemi Awolowo Prize for Leadership award delights AfDB President, Adesina
The President, African Development Bank Group, Dr. Akinwumi Adesina, has expressed his delight over his selection as the recipient of the...
