Our reporter/ The Port Harcourt to Aba rail line is billed to commence full operations by the end of March. This was made known by the Managing Director of the…
Read More Port Harcourt-Aba rail line to begin operations by March — NRC
Category: Economy
Minister summons CEOs of DisCos over worsening power supply
The minister of power, Adebayo Adelabu, has summoned the chief executive officers of two electricity distribution companies (DisCos) to a meeting to hold in the coming week over worsening supply…
Read More Minister summons CEOs of DisCos over worsening power supply
FG slams $10bn fine on Binance for ‘illegal transactions’
Our reporter/ The federal government on Friday said it is demanding at least $10 billion as fine from Binance for profiting from “its illegal transactions” in Nigeria. Bayo Onanuga, the…
Read More FG slams $10bn fine on Binance for ‘illegal transactions’
MTN blames naira devaluation for 2023 profit slump
Africa’s biggest telecom operator MTN Group (MTNJ.J), on Friday attributed an up to 80% fall in full-year profit to the sharp devaluation in the Nigerian naira, which swung its biggest unit…
Read More MTN blames naira devaluation for 2023 profit slump
South-east nominee rejects CBN board appointment as senate confirms four
Our reporter/ The senate on Thursday confirmed four people as members of the board of directors of the Central Bank of Nigeria (CBN) after a nominee from the south-eastern region…
Read More South-east nominee rejects CBN board appointment as senate confirms four