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Fed Govt gets $134m AfDB loan to boost seeds, grain production
The Federal Government has secured a $134 million loan from the African Development Bank (AfDB) to enhance seed and grain production nationwide. The Minister of…
PenCom DG Optimistic Pension Assets Will Hit N22 Trillion by Year-End
The Director-General of the National Pension Commission (PenCom), Mrs. Omolola Oloworaran, has expressed confidence that pension assets will reach N22 trillion before December 31, 2024.…
Cooking gas price rises by 114% in 16 months
The price of Liquefied Petroleum Gas (LPG), commonly used as cooking gas in Nigeria, has surged dramatically from N700/kg in June 2023 to N1,500/kg in…
Zenith Bank lights up Ajose Adeogun for Yuletide
Zenith Bank has once again kicked off the festive season with the grand Light-Up ceremony on Ajose Adeogun Street and Roundabout in Victoria Island, Lagos,…
Wema bank reports ₦60.62b Profit Before Tax.
Wema Bank Nigeria has reported a remarkable Profit Before Tax (PBT) of N60.62 billion for the period ending September 30, 2024, as revealed in its…
Katsina police arrest bank executive for stealing N18 million
Bank Official Arrested for Allegedly Stealing ₦18 Million in Katsina A bank official in Daura, Katsina State, has been arrested for allegedly stealing ₦18 million…
X, Sued for $20 Million in Shares
Ex-Twitter Chairman Sues X for $20 Million in Shares Prior to this, ex-Twitter executives filed a lawsuit against Elon Musk, accusing him of deliberately withholding…
Nigeria, others to split $10b 5G funds
The deployment of 5G technology across Nigeria and other sub-Saharan African countries is set to significantly transform the telecommunications landscape. The technology promises faster data…
PalmPay and Jumia Partner to Revolutionize Digital Payments in Africa
Fintech innovator PalmPay and e-commerce giant Jumia have announced a strategic partnership aimed at transforming the digital payment landscape in Africa. The collaboration kicks off…
Nigeria to benefit from €4bn German green energy investment
Germany plans to invest €4 billion in green energy projects across Africa by 2030, and Nigeria stands to benefit significantly. Dr. Felix Ale, Director of…
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