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Monday, January 13, 2025

OPay Bans Crypto And Virtual Asset Trading On Its Platform

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Opay, a leading financial technology company, has reaffirmed its strict prohibition of cryptocurrency and virtual asset trading on its platform. As a compliant organization committed...

Schneider Electric Targets 900 Million With Sustainable Solutions

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Schneider Electric said it targets 900 million Africans including 95 million Nigerians with universal access to sustainable energy solutions in rural communities by fostering...

NDIC Begins Verification, Claims Payment For Heritage Bank Depositors

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Following the revocation of the banking license of Heritage Bank Plc by the Central Bank of Nigeria (CBN) the Nigeria Deposit Insurance Corporation (NDIC)...

Nigeria’s Idle Brownfields Hold Key to Boosting Oil Production and Meeting Refining Demands

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Dr. Victor Ekpenyong, CEO of Kenyon International, has unveiled the untapped potential of Nigeria's idle brownfield sites, stating that they can significantly increase the...
NDIC

NDIC Begins Liquidation Of Heritage Bank

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The Nigeria Deposit Insurance Corporation (NDIC) has announced the commencement of the liquidation process for Heritage Bank, which includes the immediate verification and payment...
IATA laud Nigeria for clearing 98 per cent of airlines’ trapped funds

IATA Laud Nigeria for Clearing 98% of Airlines’ Trapped Funds

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The Nigerian government has been commended by the International Air Transport Association (IATA) for freeing up 98% of airline cash held in the nation...

African Internet Connectivity Spending to increase to $6bn

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Africa must significantly increase its annual spending to $6 billion in order to expand internet connectivity and bridge the digital divide, according to the...

Subsidy: Federal Government Commissions 5.2MMscf CNG Plant in Lagos

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In order to give Nigerians an other fuel source, the Federal Government opened a 5.2 million Standard Cubic Feet per day (mmscfd) Compressed Natural...
Why UNIJOS Power Supply Was Disconnected — JED

Why UNIJOS Power Supply Was Disconnected — JED

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The University of Jos  electricity was disconnected, according to Jos Electricity Distribution (JED) Plc, due to cumulative indebtedness exceeding one hundred and twenty-six million,...

Revolutionary CNG Filling Plant Commissioned in Lagos to Fuel as Much as 4,300 Vehicles...

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In a move aimed at encouraging the adoption of Compressed Natural Gas (CNG) vehicles in Nigeria, the Nigerian National Petroleum Company Ltd (NNPCL) has...