Court dismisses DSS suit seeking to keep Emefiele in detention The Federal Capital Territory (FCT) High Court in Abuja has dismissed a request filed by the Department of State Services (DSS) seeking a 14-day extended detention order for the suspended Central Bank Governor, Godwin Emefiele. The application was filed[Read More…]
TikTok To Launch Its First Shopping Centre TikTok has revealed plans to launch its first shopping centre to sell goods. It is following through with recent plans to launch an e-commerce business in the U.S. TikTok made this known in a short video sharing platform. According to report, the company[Read More…]
Google partner with Verve to make digital transactions on Playstore easier for Nigerians Google has partnered with Verve, the largest domestic card scheme in Africa, to make digital transactions on Google Play Store easier and more accessible for Nigerians. In a release, google said as of today, Nigerians can use[Read More…]
Government hands over 374 power project to DisCos Over $1.2 billion has been spent on key distribution projects in the country as part of measures to improve power supply in the country, Niger Delta Power Holding Company Limited (NDPHC) has said. The fund was spent on over 374 projects[Read More…]
CBN promises to tackle forex pressure Folashodun Shonubi, Acting Governor of the Central Bank of Nigeria, pledged to tackle the mounting exchange rate pressure as the naira witnessed a decline against the dollar. Shonubi made this commitment during a press interaction after the two-day Monetary Policy Committee in Abuja. Within[Read More…]
Nigeria, Benin customs to address concerns Nigeria Customs Service (NCS) has promised to address issues of concerns with Republic of Benin Customs. This is in line with the government’s drive to facilitate trade and improve Nigeria’s economy to become globally competitive, according to the National Public Relations Officer, Chief Superintendent[Read More…]
CBN promises to tackle forex pressure Folashodun Shonubi, Acting Governor of the Central Bank of Nigeria, pledged to tackle the mounting exchange rate pressure as the naira witnessed a decline against the dollar. BusinessDay reports that Shonubi made this commitment during a press interaction after the two-day Monetary Policy[Read More…]
Ecobank, wins coveted Euromoney award as Africa’s Best Bank for SMEs Ecobank, the leading pan-African Banking Group, has been named Africa’s Best Bank for SMEs (small and medium-sized enterprises) by the prestigious Euromoney Awards for Excellence for the second year running, having also won the accolade in 2022. [Read More…]
Food insecurity: Putin pledges free grain supply for Africa President Vladimir Putin has pledged to deepen relations with African countries across several spheres, promising a free supply of grains to the continent to tackle food insecurity. Putin made this known on Monday in a statement themed “Russia and Africa: Joining[Read More…]
Plane crash kills nine in Sudan Nine people, including four soldiers, were killed Sunday (Jul. 23) evening when a civilian plane crashed in Sudan due to “technical” reasons, the army said, as the war in the east African country entered its 100th day. In Port Sudan, on the east coast[Read More…]
