The Central Bank of Nigeria has revoked the operating license of Heritage Bank Plc following what it described as a failure by the board and management of the bank "...to improve the bank’s financial performance, a situation which constitutes a threat to financial stability."
Shafa Energy, NNPC New Energies Limited (NNEL - a subsidiary of the Nigeria National Petroleum Company Limited (NNPCL) and Nigus International have launched Nigeria’s first Electric Vehicle (EV) charging station in Abuja.
Plans are in top-gear at Abuja Entreprise Agency (AEA) to start the Abuja Business School of Entrepreneurship as the Agency, on Thursday, graduated about 50 serving Youth Corps Members from the first batch of the 2024 Youth Entrepreneurship Programme (YEP).
Lagos State Government has revealed that the State attracted over N50 billion in investment through Foreign Direct Investment (FDI), and Domestic Direct Investment (DDD), in the last one year.
At last, the Central Bank of Nigeria (CBN) has withdrawn its earlier directive on banks and other financial institutions to charge levy on electronic transfers, through the Cyber security law.
The House of Representatives panel investigating the hike in the prices of cement has once again summoned cement producers after they failed to honour a prior invitation.
As the nationwide supply and distribution of Premium Motor Spirit (PMS), also known as petrol, continue to improve, the Nigerian National Petroleum Company (NNPC) Limited has once again called on motorists to shun panic buying of the product.
A Magistrate Court sitting in Wuse Zone 2, Abuja, on Friday, ordered the Federal Capital Territory Internal Revenue Service (FCT-IRS) to seal off a company, Ifedi A.K. Nigeria Ltd, over allegations bordering on non-filing of annual returns.
As the scarcity of petrol continues to inflict pains on Nigerians across the country, our reporters were at some petrol filling stations in Abuja to find out how Nigerians is coupling with the crisis.
A Competition and Consumer Protection Tribunal (CCPT) sitting in Abuja, on Monday, restrained MultiChoice Nigeria Limited from increasing its tariffs and cost of products and services scheduled to begin on May 1.
A Competition and Consumer Protection Tribunal (CCPT) sitting in Abuja has granted an application for substituted service of the interim order, restraining MultiChoice Nigeria Limited from its plan to increase tariffs on DStv and Gotv packages beginning From May 1.
The Lagos state government will be rolling out 2,000 CNG buses before the end of the year, Commissioner for Transport Seun Osiyemi said on Tuesday, April 23.
After the removal of the wasteful fuel subsidy on May 29, 2023, President Bola Ahmed Tinubu launched the Presidential CNG Initiative in October last year to deliver cheaper, safer and more climate friendly energy. The CNG Initiative was designed to deliver compressed natural gas especially for mass transit.
