The Nigerian Ports Authority (NPA) is bolstering the national economy through trade facilitation, infrastructural development, and operational efficiencies. A fresh $60 million investment in green port initiatives by the President Bola Tinubu administration is set to transform port operations in the country by driving a renewed focus on local content development. Data from last year…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) will on January 14, this year determine its procedures for the assessment of the 2025 Licensing Round. This was contained in the announcement of Lagos pre-bid conference the commission issued yesterday. NUPRC said: ” The focus areas of the upcoming pre-bid conference include: The implementation timetable, the bid…
The National Agency for Science and Engineering Infrastructure (NASENI) has launched an Inter-Agency Innovation Competition and Awards targeted at Ministries, Departments and Agencies (MDAs) of the Federal Government to promote local solutions, collaboration and technological advancement. NASENI said the initiative is designed to harness innovative ideas from public servants that can drive technological progress and…
Telecom sector regulator, the Nigerian Communications Commission (NCC) said mobile network operators (MNOs) and Deposit Money Banks (DMBs) have refunded subscribers over N10billion cash for failed airtime and data purchase. Director of Consumer Affairs at the NCC, Mrs. Freda Bruce-Bennett who disclosed this said the framework jointly drawn by the Commission and the Central Bank…
Manufacturers have raised the alarm over Nigeria’s current average lending rate of 36.6 per cent, which they described as “high and restrictive.” They lamented that the asphyxiating lending rate of 36.6 per cent has forced a reduction in credit access to the manufacturing sector to N7.72 trillion as at March 2025, down from N8.53 trillion…
Desirous of enhancing energy security and economic growth, the Chief Executive, Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Saidu Aliyu Mohammed, alongside members of his management team, has paid a courtesy visit to the Nigerian Electricity Regulatory Commission (NERC) in Abuja. According to a post on the X, formerly Twitter, handle of the…
The National Identity Management Commission (NIMC) said enrolments on the National Identity Data Base currently stands at over 123.9 million ‘unique records’. The highest cumulative enrolment figure of over 13 million was recorded in Lagos State while regional figures indicated an almost equal distribution across the North and South. Meanwhile, allegations of extortion have continued…
As the nation embraces the possibilities of a fresh calendar year, Konga, Nigeria’s leading composite e-commerce platform, has officially announced the launch of its inaugural shopping campaign of 2026, tagged Konga Jara. It is designed to help shoppers transform new year aspirations into tangible realities through exceptional deals, setting the tone for a year of…
Kuda Microfinance Bank has announced the release of My Year on Kuda, the 2025 edition of its much-anticipated yearly money recap. The recap gives Kuda customers a detailed review of how they spent, saved and managed money on their Kuda app throughout the previous year. The recap turns transaction activity into money insights that are…
