Breaking! Konga Tech Month empowers Nigerians with unprecedented deals
Konga, Nigeria’s leading e-commerce giant, has altered tradition with its innovative “Tech Month” campaign. Unlike anything seen in the e-commerce sector before, Tech Month has transformed the way Nigerians shop for technology…
Nigeria requires N35bn to restart Ajaokuta Light Steel section -Minister
May 23, 2024 The Federal Government says it has reached an advanced stage of raising more than N35 billion required to restart the Light Mill Section (LMS) of the Ajaokuta…
D-CARES: Oborevwori Upscales beneficiaries to 110,841
Delta Governor, Rt. Hon. Sheriff Oborevwori, has scaled up the direct beneficiaries of Delta COVID-19 Action Recovery and Economic Stimulus (D-CARES) Programme from 36,353 to 110,841, an increase of…
BoI makes history, nets N153bn profits, generates 3m jobs
The Bank of Industry (BOI) said its profit before tax increased from N70.7 billion to N153.81 billion, the highest in the Bank’s history. According to the bank, this represents 117.69…
NCC, SMEDAN, NAICOM, others set for SUPERNEWS SMEs Conference June 13
The Director General, Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Mr. Charles Odii, the Executive Vice Chairman/CEO, Nigerian Communications Commission (NCC), Dr. Aminu Maida, other regulators, experts, stakeholders…
NCC begins enquiry to review guidelines for telecoms industry
May 21, 2024 The Nigerian Communications Commission (NCC) has begun a public enquiry on the review of three key guidelines/regulatory instruments for the telecoms industry. The Executive Vice-Chairman (EVC) of…
With over 25,000 staff in 20 African countries; UBA GMD lauds Elumelu
Mr Oliver Alawuba, Group Managing Director, UBA, on Monday commended the role played by the bank’s Group Chairman, Mr Tony Elumelu, in shaping UBA’s trajectory. Alawuba gave the commendation…
Transcorp Power Posts N52.8bn PBT, Declares N23.46bn Dividend
Transcorp Power Plc, a subsidiary of Transnational Corporation Plc (Transcorp Group), announced impressive financial performance at its recently concluded 11th Annual General Meeting (AGM). It was the first since the…
CBN continues aggressive tightening, raises lending rate to 26.25%
May 21, 2024 The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has raised the country’s baseline lending rate by 150 basis points to 26.25 per cent….
Oil shipments at risk from rising sea levels, think tank warns
May 21, 2024 Rising sea levels could severely disrupt crude oil shipments and erode energy security in import-dependent countries like China, South Korea and Japan, with many of the world’s…