Business

Dangote refutes monopoly allegations, describes refinery as a transformative development for Nigeria.

On Monday, the League of Engineering Bodies in Nigeria commended the remarkable scale and design of the Dangote Petroleum Refinery, Petrochemicals, and Dangote Fertiliser...

NUPRC rejects Shell’s $1.3bn onshore asset sale to Renaissance

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has denied Shell International Plc's attempt to sell its onshore assets to Renaissance for $1.3 billion. According to...

CBN Increases Standing Deposit Facility Rates to Control Liquidity

The Central Bank of Nigeria (CBN) has raised the rates for the Standing Deposit Facility (SDF) as part of its ongoing strategy to manage...

S.Mobile Introduces API for MTN Data Bundle Distribution

In a major step to advance digital service delivery, S.Mobile has officially rolled out its application programming interface (API) for distributing MTN data bundles. According...

FG requires BVN and NIN for $500m bond subscription.

The Federal Government has announced that investors interested in its latest financial instrument must meet specific identification requirements to participate. This information was provided in...

Fidelity Bank Penalized N555.8m by NDPC for Data Breach

The announcement was made by the National Commissioner of the NDPC, Vincent Olatunji, during a Validation Workshop on the Nigeria Data Protection Act General...