Parallex Bank gets $10m trade finance facility from Afreximbank.

Elon Musk (Tesla), Emad Mostaque (Stability AI), Steve Wozniak (Apple), and other leaders in artificial intelligence have signed an open...

Currency in circulation drops massively in the third quarter of 2022.

CBN bars banks seeking upgrade from expansion.

The Central Bank of Nigeria has barred banks and other financial institutions seeking a conversion license from expanding or reducing...

Zenith Bank grows gross earnings by 24% to N946 billion.

Zenith Bank Plc grew its gross earnings by 24% from N765.6bn as of the end of the 2021 financial period...

Customs generates N54b revenue in three months.

The Nigerian Customs Services (NCS) says it generated over N54 billion in revenue from its operations in Area 2 Command, Onne...

NMDPRA inaugurates oil and gas industry service permit portal.

NNPC Begins Exploratory Drilling in Nasarawa, to Grow Reserves to 50bn Barrels.

The Nigerian National Petroleum Company Limited (NNPC) on Tuesday officially kicked off the exploratory drilling campaign in Obi, Nasarawa State,...

UNIDO collaborates with stakeholders to implement waste to wealth project.

The United Nations Industrial Development Organisation (UNIDO), is collaborating with the Japanese government, European Union (EU) and African Development Bank...

Oil Thief: Investigative panel submits report to NSA

The Special Investigative Panel on Oil Theft and Losses in Nigeria, has submitted its report to the National Security Adviser...

Value of tokunbo cars drops by 47% in 2022 – NBS

The value of used vehicles imported into Nigeria decreased by 47 percent in 2022, to N325.05 billion from N617.48 billion...

Total Energies’s investments in Indian conglomerate hits $5 billion.