The Federal Airports Authority of Nigeria (FAAN) during the weekend inaugurated a mobile surveillance vehicle to curtail incidence of cable vandalism and insecurity at the Murtala Muhammed International Airport (MMIA). The Managing Director, FAAN, Mr Kabir Muhammad said at the unveiling of…
Investment pledges amounting to nearly $14 billion U.S. dollars were committed during the Nigeria-India Presidential Roundtable and Conference in New Delhi convened by H.E. President Bola Ahmed Tinubu. Heirs Holdings Group Chairman, Tony O. Elumelu C.F.R., urged the Indian private…
The founder, Centre for the Promotion of Private Enterprises (CPPE) Dr Muda Yusuf has urged the Federal Government to fix Nigeria’s structural and macroeconomic environment to control exchange rate volatility and allow businesses to thrive. He gave the advice in an…
Eko Electricity Distribution Company (EKEDC) has reassured its customers of its readiness to begin a large-scale metering initiative for prepaid meters within the company’s network areas. The Chief Executive Officer, EKEDC, Dr Tinuade Sanda gave the assurance during a customer engagement…
As part of his efforts to decongest Nigeria’s ports with abandoned goods, productivity, the Minister for Marine and Blue Economy, Adegboyega Oyetola, on Wednesday, hinted that the ministry would partner with the Nigerian Customs Service (NCS) to decongest ports and…
Hyde Energy Limited, has announced the rebranding of its Luminor ZM5 20-W50SL range of lubricants. Retaining the same quality, the more attractive new look is one of the company’s commitments to continuous innovation. Luminor ZM5 20-W50SL, a mineral-based multigrade engine…
By Philemon Adedeji Cornerstone Insurance plc has announced the appointment of Mr. Stephen Alangbo as the company’s new managing Director/Chief Executive Officer with effective from 1st July 2023. Mr Alangbo succeeds Mr. Ganiyu Musa, the outgoing Group Managing Director of…
The Nigerian Electricity Regulatory Commission on Tuesday approved a 40 per cent upward review of unit costs for end-use meters under the Meter Asset Provider and National Mass Metering Regulations. NERC disclosed this in a Notice order signed by its…
The foreign exchange turnover on the FMDQ stood at $44 billion (N22.98 trillion) between January and July 2023. This was contained in the August edition of the FMDQ Spotlight, a monthly publication by the exchange. In the newsletter, the exchange…
By Matthew Denis The Vice President of Nigeria, Kashim Shettima has revealed that financial inclusion and equal opportunity must be prioritsed for everyone to catch up with the digital economy. He made the disclosure at the 16th Annual Banking and…
