Nigeria Loses $500m Annually to Non-Implementation of ICTN
Adedapo Adesanya By Adedapo Adesanya The Shippers Council of Nigeria says Nigeria has lost approximately $2.5 billion over the past…
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Improvement in Forex Supply Firms Naira to N1,630/$1 at NAFEM
By Adedapo Adesanya The Naira appreciated against the US Dollar by 2.4 per cent or N40.20 in the…
Oil Prices Shrink Further on Possible Diplomatic End to Israel-Lebanon War
By Adedapo Adesanya Oil prices extended losses on Tuesday on a report that Israeli Prime Minister Benjamin Netanyahu…
NMDPRA Issues 20 Licenses to Boost Local Refining Capacity
By Adedapo Adesanya The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has issued 20 new licenses as…
System Upgrade: FCCPC May Sanction Banks Over Service Disruption
By Adedapo Adesanya The Federal Competition and Consumer Protection Commission (FCCPC) has warned financial institutions against continuing disruption…
Orange, Mastercard to Digitize Payments in Seven African Countries by 2025
By Adedapo Adesanya Orange Middle East and Africa (OMEA) and Mastercard have announced a strategic partnership to expand…
Nigeria Secures Jindal’s Commitment in Natural Gas for $4bn Iron Steel Plant
By Adedapo Adesanya Nigeria has secured a commitment from Jindal Group to offtake about 450 million metric standard…
Moniepoint Attains Unicorn Status as Google, Others Inject Fresh $110m
By Adedapo Adesanya Moniepoint has attained a unicorn status, with its value now over $1 billion after it…
NASD OTC Exchange Rises 0.34%
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange recorded a 0.34 per cent rise on Monday, October…
FX Liquidity Squeeze Shrinks Naira to N1,670/$1 at Official Market
By Adedapo Adesanya The Naira suffered a loss against the United States Dollar in the foreign exchange (forex)…