The Minister of Power, Adebayo Adelabu has said that Nigerians pay the cheapest price for electricity when compared to other African countries.
Category: Business
The federal government has announced the removal of the value-added tax (VAT) on diesel, cooking gas., and others.
For the 7th time, the Nigerian National Petroleum Company Limited, NNPCL, has failed to begin fuel production at the Port Harcourt refinery in Rivers State.
The World Bank has approved three new loan requests amounting to a total of $1.57bn in financing for Nigeria.
Thousands of Nigerians have been left in severe disappointment after the much-anticipated airdrop from crypto-mining app, Hamster Kombat, which had been trending for months, dashed their huge expected payouts.
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, said there will be sanctions if any bank fail to dispense cash.
An attack from Boko Haram terrorists have reportedly destroyed Gombe -Damaturu-Maiduguri 330kV transmission line. This attack has thrown the entire Yobe state capital, Damaturu into total darkness, including some impacts on neighbouring Maiduguri in Borno state.
Amidst the current economic hardship in Nigeria, the Central Bank of Nigeria (CBN) is planning to re-introduce and enforce the payment of the Cybersecurity Levy on electronic transactions.
A 40billion Naira deal has been entered into by the Enugu State Government and Jelfah Nigeria Ltd for the revitalisation of the long-moribund and state-owned Sunrise Flour Mills, Enugu.
Telecom Operators in Nigeria have refused to grant subscribers an extension to the National Identification Number -Subscriber Identity Module linkage deadline.