Stop Adding New Clients; CBN Directs Fintech Companies
Fintech businesses have been told by the Central Bank of Nigeria (CBN) to cease accepting new clients until further notice. A 2013 central bank regulation intended to promote financial…
Transcorp to Build $200 million Hotel and 5,000-Seat Event Center in Lagos
Transcorp Hotel Plc is preparing to open Abuja's largest banquet center, which can accommodate more than 5,000 people in seats. The hotel's management stated that the new center is set…
The World Bank promises to keep assisting Nigeria’s water sector.
The World Bank has committed to supporting Nigeria's water, sanitation, and hygiene sector going forward. During a visit with Prof. Joseph Utsev, the Minister of Water Resources and Sanitation,…
The NNPC commenced unloading 240 million liters of petrol over fuel shortage in the country
The NNPC commenced unloading 240 million liters of petrol, on Monday in response to the escalating nationwide petrol shortage. On Monday, a total of 240 million liters of petrol were…
LAGOS STATE CONSTITUTES FIRST EVER CYBER SECURITY ADVISORY BOARD
A major step to mitigate cyber security risks to its systems, assets and data has been taken by the Lagos State Government. The Government has set up a Cybersecurity…
Embrace the Tariff Increase or Prepare for Complete Power Outages – Minister of power, Adebayo Adelabu cautions Nigerians
The Minister of Power, Adebayo Adelabu, issued a caution on Monday, stating that if the planned increase in electricity tariffs is not put into effect, the nation will face a…
Wizkid, Davido exchange more online blows
The online battle between musical stars, Ayodeji Balogun, also known as Wizkid, and David Adedeji, a.k.a Davido continued Monday night. Wizkid had earlier thrown a shade at Davido. While…
Mystery death at VGC: Homicide detectives spread dragnet to unravel cause of death
More details, yesterday, emerged over the circumstances surrounding the death of Chairman of highbrow Victoria Garden City, VGC, Estate resident association, in Lagos, Gihan Mbelu, 42, just as the police…
CBN stops Opay, Kuda, Palmpay, Moniepoint from boarding new customers
CBN stops Opay, Kuda, Palmpay, Moniepoint from boarding new customers Four Nigerian fintech companies have been directed by the Central Bank of Nigeria (CBN) to suspend onboarding new customers.…
Since I entered the Nigerian music scene, it has never been calm – Davido
Known by his stage name David Adeleke, or Davido, the famous musician has stated that since entering the Nigerian music scene, there has never been harmony in the sector. …