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Business & Economy
CBN revokes licences of 132 microfinance institutions
The operating licences of 132 microfinance banks, three finance companies, and four primary mortgage banks have been revoked by the Central Bank of Nigeria (CBN).
Atlas Microfinance…
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African leaders praise Dangote refinery
On Monday, African leaders at the Dangote Petroleum Refinery commissioning called the project a game changer that would benefit all of Africa.
Presidents Nana Addo of Ghana, Mohammed…
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Revenue crisis: States broke, can’t pay salaries, execute projects – BH investigation
The bleak economic situation in Nigeria has had a negative impact on the federation's 36 states, with many of them currently struggling to finance governance and execute projects due to…
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Five African presidents join Buhari to commission Dangote refinery today
President Muhammadu Buhari will commission Dangote Petroleum Refinery & Petrochemicals alongside counterparts from Ghana, Togo, Senegal, Niger, and Chad in a historic event that…
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Sanwo-Olu opens Ikorodu tech hub
On Friday, the Governor of Lagos State, Mr. Babajide Sanwo-Olu, opened the Senator Abiru Innovation Lab in the Ikorodu neighborhood of the state.
The SAIL is an innovation and…
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Ministry of transportation and aviation has been rechristened
The Ministry of Aviation was renamed the Ministry of Aviation and Aerospace by the Federal Government on Wednesday.
Hadi Sirika, the minister of aviation, claimed that aerospace and…
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NIMASA Opens New Abuja Zonal Office
The Nigerian Maritime Administration and Safety Agency, also known as NIMASA, recently inaugurated its brand new zonal office in Abuja.
At the event on Tuesday, the Minister of…
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Uganda introduces anti-venting law to stop Gas Flaring
The Ugandan National Government claims to have learned from Nigeria and other African countries by enacting anti-venting legislation that prohibits gas flaring.
Mrs Ruth Ssentamu,…
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Offer Ajaokuta for sale without any concessions
It is not surprising that the latest initiative of the Federal Government to concession the Ajaokuta steel and Itakpe iron ore companies has also ignited a tempest because the companies…
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Demand for phones worldwide has decreased 21%, in three years
Shipments of mobile devices on a global scale have decreased by 21% over the past three years.
According to information that was obtained from the International Data Corporation, the…
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