Business News
DPR, NERC in fresh plan to end gas-to-power challenges
The Department of Petroleum Resources (DPR), Nigerian Electricity Regulatory Commission (NERC), Nigerian Gas Company and Nigerian Bulk Electricity Trading (NBET) Plc and other stakeholders… The post DPR, NERC in fresh
Bank's app turns mobile phones to PoS
Sterling Bank Plc has launched ‘OnePay for Business’, a mobile app that empowers merchants to use their mobile phones as the point-of-sales platform. The post Bank's app turns mobile phones
ABCON calls on CBN to check cryptocurrencies’ impact on diaspora remittances
The Association of Bureaux De Change Operators of Nigeria (ABCON) has charged the Central Bank of Nigeria (CBN) to introduce measures to insulate diaspora remittances against the impacts of cryptocurrencies.
‘Local companies can manage Nigeria’s national identification project’
With the right strategies and active involvement of the local private sector, the Federal Government can get its national identification programme right and would not have any challenge… The post
Firm begins gas-powered engine vehicle conversion in June
Flash Gas said it would begin conversion of cars to gas-powered engines from June to complement the Federal Government’s plan. The post Firm begins gas-powered engine vehicle conversion in June
Glo customers hail network for service
Millions of Glo subscribers have hailed the company for introducing a customer-savvy offering, Beep Call Service, which enables them to reach out to family, friends and loved ones even when
As states’ internally-generated revenues also slip
Last year, states’ internally generated revenues (IGRs) slipped, indicating an increasing dependence on Abuja to fund state governments’ expenditures, much of which is recurrent. The post As states’ internally-generated revenues
Insurer pays N501million claims in Q1
Great Nigeria Insurance Plc has disclosed its commitment to honouring genuine claims as and when due, as its quarterly total claims pay was N501.6 million. The post Insurer pays N501million
FX scarcity cripples local airlines, spike airfares
The foreign exchange (FX) liquidity crisis is eating deeper into the daily operations of the local airlines, causing airlines’ capacity to dwindle and hitting up airfares… The post FX scarcity
Osinbajo seeks fair transition towards global net-zero emissions target
Vice President, Prof. Yemi Osinbajo yesterday stated that Nigeria is on the path of ensuring continued access to affordable, reliable energy for its populace, and transitioning The post Osinbajo seeks
