Members of the Nigerian community in the United Arab Emirates (UAE) have decried that the strained relationship between both countries is affecting their livelihoods. Some of them living in Dubai, Abu Dhabi and Sharjah told Daily Trust that because of...
Electricity transformers and substations meant for the $2.3bn Siemens power project have arrived in the country as the project gains traction, Minister of Power, Adebayo Adelabu, said on Sunday. The development came a few months after the Federal Government renewed...
Nigeria's Dangote Refinery has begun supplying petroleum products, including diesel and aviation fuel, to the domestic market, signifying a significant milestone in the country's pursuit of energy self-sufficiency. This development was confirmed on April 2nd, 2024 by a Dangote...
The Association of Corporate & Marketing Communication Professionals of Banks (ACAMB) has assured the banking public that banks in the country have the wherewithal to meet the Central Bank of Nigeria (CBN) recent directives on recapilitalisation of the sector. The...
Following a recent experience involving Erisco Foods and a dissatisfied customer, the Manufacturers Association of Nigeria (MAN) has called for a balanced regulatory environment that would protect manufacturers from defamation and social media trial and at the same time...
Nigeria is set to revitalise its auto industry, with plans to fully build its own vehicles within the next decade, according to the minister of Trade, Industry and Investment, Doris Uzoka-Anite. In an interview with Arise News over the weekend,...
The Director of Banking Services, Central Bank of Nigeria (CBN), Hamisu Abdullahi, highlighted the merit-based selection of Remita to provide an electronic platform essential for facilitating payments from Ministries, Departments, and Agencies (MDAs) to beneficiary accounts across commercial banks. He...
In a landmark move, the U.S. Justice Department has filed a lawsuit against tech giant Apple Inc., alleging that the company has unlawfully monopolized the smartphone market, stifling competition and innovation. The lawsuit, which marks a significant escalation in...
President Bola Tinubu says his administration is sustaining investments in digital technology to enhance the sustainability of small businesses, expand opportunities across sectors, and propel Nigeria to become the lodestar of information and communications technology in Africa. Speaking when he...
The Nigerian National Petroleum Company (NNPC) Ltd, has reiterated its commitment towards utilising Nigeria’s abundant gas resources to trigger Nigeria’s industrialisation and economic development. NNPC Ltd’s Executive Vice President, Upstream, Oritsemeyiwa Eyesan disclosed this during a panel session at the...
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