The Federal Government of Nigeria, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has granted a License to Establish (LTE) to MRO Energy Ltd for the construction of…
Business & Economy
-
Business & EconomyTechnology
RedCloud Technologies and Paystack Collaborate to Expand Digital Payment Options
by Israelby IsraelRedCloud Technologies, a global technology firm, has recently announced a strategic partnership with Paystack, a prominent digital payment provider in Nigeria. This collaboration aims to broaden the scope of digital…
-
Business & EconomyEdo StateNews
Edo State Oil Palm Programme Allocates 70,000 Hectares for Oil Palm Development in 4 Years
by Israelby IsraelIn a recent interview with BusinessDay, Churchill Oboh, acting team lead of the Edo State Oil Palm Programme (ESOPP), discussed the progress and impact of the program initiated by Governor…
-
Business & Economy
Understanding the Implications of Floating the Naira: What You Need to Know
by Israelby IsraelIn light of Nigeria’s diminishing foreign exchange (FX) reserves, attributed to factors such as low oil production and limited exports, the Central Bank of Nigeria (CBN) finds itself unable to…
-
Business & EconomyEnergyNiger DeltaPort Harcourt
PHED Achieves Record-Breaking Revenue Collection of N6.3 Billion in May 2023
by Israelby IsraelThe Port Harcourt Electricity Distribution (PHED) Plc has reached a significant milestone in its performance by achieving a remarkable revenue collection of N6.3 billion in the month of May 2023.…
-
Breaking NewsBusiness & Economy
Just In: CBN, FG bows to Supreme Courts Judgement on the Court order over N1000, N500, N200 old naira notes
by Israelby IsraelThe Presidency today said the Central Bank of Nigeria (CBN) has no reason not to comply with the Supreme Court order on naira redesign on the excuse of waiting for…
-
Business & EconomyNewsPress Release
Rights Activist and Social Crusader, Comrade Ogaga Darlington Ossai Calls Governor Ifeanyi Okowa To Take Action And Execute The Ruling Of The Supreme Court on the Naira Redesign Policy
by Israelby IsraelComrade Ambassador Deacon OGAGA DARLINGTON OSSAI, FGCE the President Value Reorientation Initiative, a Non-governmental organisation that is on a mission to promote positive social values, mindset reorientation and supportive engagements…
-
Business & Economy
Happening Now: 3 dead as protest rocks Edo over new note scarcity (Video)
by Israelby IsraelThree persons have lost their lives when violent protests erupted on Wednesday morning in parts of Benin City, the Edo State capital, as angry residents, who could not access their…
-
Business & Economy
Breaking News: Supreme Court Adjourns Case On FG’s Naira Swap Policy Till Feb 22
by Israelby IsraelThe Supreme Court of Nigeria has adjourned the case on the naira swap policy of the Central Bank of Nigeria (CBN) till Wednesday, February 22 for a hearing of the…
-
Business & Economy
Naira Redesign: No going back on February 10th deadline – CBN
by Israelby IsraelThe Central Bank of Nigeria (CBN) says there is no going back on the February 10, 2023 deadline for the swapping of the old N1,000, N500, and N200 notes. While…

