Schneider Electric has given its Secure Power Division a boost to make it more resilient. The global energy technology leader, said it has appointed Steven Santini as Vice President, Secure Power, Sub-Saharan Africa to sustain the tempo. Secure Power division acts as the architect of digital resilience, delivering the intelligent operational technologies and ecosystems that…
The Federal Government has halted the issuance of import licenses for gasoline, a major win for billionaire Aliko Dangote, who controls Africa’s largest refinery and has long called for the move. This decision is coming on the heels of data supplied by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) which stated that Dangote…
The government of Nigeria said it is taking steps to protect the economy following rising geo-political tensions in the Middle East involving the United States, Israel and Iran. The government, through, the Federal Ministry of Finance, said the government remained committed to safeguarding the economic gains recorded in recent months and will continue to take…
CRC Credit Bureau has launched CRC Mobile App, a smart, secure platform designed to give customers seamless access to their credit information and essential financial services, all in one place. The newly enhanced CRC Mobile App, reinforces its commitment to digital innovation, improved customer experience, and expanded financial accessibility. The upgraded application introduces new features…
Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, has suspended the enforcement of the $30 helicopter landing fees for oil companies operating in the country and also directed the Federal Airports Authority of Nigeria (FAAN) to implement hybrid toll payment method at airports. This decision to suspend the landing fees follows concerns raised by…
President Bola Tinubu has finally approved a targeted fiscal incentive designed to unlock the long awaited Final Investment Decision (FID) on the Bonga Southwest Aparo (BSWA) deepwater project. This presidential nod is coming after 18 years of deadlock. With the approval, the Bonga Southwest project becomes the first FID on a Nigeria deepwater Production Sharing…
As part of its Kuda for Her campaign for this year’s Women’s Month, Kuda Microfinance Bank (MfB) is inviting Lagos-based women entrepreneurs in the food and hospitality sector to pitch their businesses for a chance to receive ₦1 million in funding. The Kuda for Her Pitch Challenge, which launched on March 10, 2026, will award…
Dangote Petroleum Refinery has announced a major reduction in the prices of Premium Motor Spirit (PMS), known as petrol and Automotive Gas Oil (AGO), also known as diesel. Under the new pricing regime, the gantry price of PMS has been lowered from ₦1,175 to ₦1,075 per litre—a reduction of ₦100. The coastal price has also…
Central Bank of Nigeria (CBN) has issued new guidelines that will require banks and other financial institutions to deploy automated systems to detect and report suspicious transactions as part of efforts to strengthen the fight against money laundering and terrorism financing. In the circular issued by the regulator, it said the standards are meant to…
