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Jumia quits food delivery services in Nigeria, other countries
E-commerce platform, Jumia Technologies, says it will discontinue its food delivery service, Jumia Food at the end of December. The ...Stop subsidy payment, increase petrol price to N750/litre, World Bank advises FG
The World Bank has said the federal government may still be paying for petrol subsidy as fuel prices in Nigeria ...Naira scarcity: PoS agents hike transaction fees, banks ration cash
Bank customers’ agony over the prevailing cash scarcity increased, yesterday, as more banks resorted to rationing cash withdrawals while Point ...CBN suspends charges on large cash deposits
The Central Bank of Nigeria has suspended the processing fees on large cash deposits, a statement by the acting Director ...Multichoice increases DSTV, GOTV prices after $72m forex loss
Broadcasting company Multichoice has jacked up the prices of its offerings in Nigeria days after announcing a $72m loss in ...NNPCL uncovers over 4, 800 illegal connections on oil pipelines in Nigeria
The Nigerian National Petroleum Company Limited says it discovered over 4,800 illegal connections on oil pipelines in the country in ...Refineries not created to reduce petrol price – Kyari
Forty eight hours after being summoned by the Senate, the Group Chief Executive Officer of the Nigerian National Petroleum Company ...Shell eyes $6bn in Nigeria offshore, gas investments
Oil giant Shell sees $6 billion in investment opportunities in Nigeria, especially in offshore, gas and liquefied natural gas (LNG) ...N7trn actually needed for Lagos infrastructure, others in 2024, says Sanwo-Olu
Governor Babajide Sanwo-Olu of Lagos State has said that state requires about N7 trillion to meet up with infrastructural and ...FG raises exchange rate for cargo clearance to N951/$
The Federal Government through the Central Bank of Nigeria, has raised the exchange rate for cargo clearance from N783/$ to ...
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