Mini-Grid Solar Projects Attracting More Investors in Nigeria – REA

The Federal Government has said mini-grid solar energy is becoming increasingly attractive to investors, describing it as a sustainable and commercially viable solution to Nigeria’s electricity challenges. Speaking in Lagos…

Again, Nigerian filling stations reduce fuel price

Filling stations across the country have dropped fuel prices barely two days after Dangote Refinery reduced its rates.   A market survey conducted  on Saturday showed that filling stations in…

Customers May Not Recover Every Deposits After MFB Licence Revocations, Says Ogunbunka

The President of the Bank Customers’ Association of Nigeria, Dr Uju Ogunbunka, has expressed concern over the Central Bank of Nigeria’s decision to revoke the operating licences of 46 microfinance…

Insured Sums Payout Begins: NDIC Takes Over 46 Closed Microfinance Banks

      The Nigeria Deposit Insurance Corporation, NDIC, has been appointed as the official Liquidator of the 46 Microfinance Banks, MFBs, revoked by the Central Bank of Nigeria, CBN,…

Fourth Time Lucky: Dangote Refinery Cuts Fuel Prices as Crude Eases

    The Dangote refinery reduced fuel prices for the fourth time within a month as crude oil prices eased.   The latest price drop was disclosed in a statement…

Oil falls for three straight days

Oil prices extended their decline on Thursday, July 2, falling by about one per cent for a third consecutive trading session after Qatar indicated that Iran and the United States…

United Bank for Africa Rewards Customers With Over ₦400 Million in Bumper Account Anniversary Bonus

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has rewarded thousands of customers with over N400 million in anniversary bonuses under its flagship UBA Bumper Account, reaffirming the Bank’s…

Naira Strengthens Against Dollar After Five-Day Decline

      The Naira on Tuesday recorded its first appreciation against the dollar at the official foreign exchange market in five days. The Central Bank of Nigeria’s data showed…

Airlines Push for Overhaul of Nigeria’s Civil Aviation Regulations

Domestic airlines under the umbrella of the Airline Operators of Nigeria (AON) have intensified calls for a comprehensive review of the Nigeria Civil Aviation Regulations (Nig. CARs), arguing that the…

Investors Take Fresh Hit as Market Downturn Persists

Investors’ wealth dropped further by N958 billion after the close of trading at the Nigerian stock market on Thursday. Data from Nigerian Exchange Limited showed that market capitalisation fell by 0.64 per…