The Federal Government recently announced plans to launch a multipurpose national identity card. The card initiative is a collaboration between the National Identity Management Commission (NIMC), the Central Bank of Nigeria (CBN), and the Nigeria Inter-bank Settlement System (NIBSS). The card will be enabled for all government intervention and services across […]

highest in Africa with 15.7m infections Nigeria is among the top 10 countries that account for 80 percent, nearly two-thirds of the global burden of hepatitis B and C, according to a new report on global hepatitis published by the World Health Organization (WHO). The list also includes China, Indonesia, […]

The automobile industry has experienced remarkable growth and transformation over the years, evolving from the horseless carriages of the late 19th century to the electric vehicles of today. The global automobile industry is not only a powerhouse of innovation and economic activity but also a fertile ground for creating wealth. Notable in […]

Supermarkets in Jos, the capital of Plateau State have been observed to be operating without price tags on their products, raising issues of transparency and consumer rights. The absence of price tags has left shoppers perplexed, as they are unable to ascertain the prices of items until they reach the […]

The Federal Government has unveiled plans to launch a multipurpose national identity card. The identity solution would provide payment capability for all social and financial services. According to a statement, the initiative is a collaboration between the National Identity Management Commission (NIMC), the Central Bank of Nigeria (CBN), and the […]

Geometric Power Limited, operators of the independent power plant in Osisioma area of Aba, the commercial hub of Abia State, says it has completed the synchronisation of its turbines to the national grid, which was done between April 3 to April 7, 2024. Synchronidation in lay man’s terms means alignment, […]

Nigerian banking group FBN Holdings plans to seek shareholder approval this month to raise up to 300 billion naira ($241 million) through a public share offering or private share sale in Nigeria or abroad, it said in a notice on Monday. The holding company, which owns First Bank, one of Nigeria’s top […]

The Association of Foreign Airlines and Representatives in Nigeria (AFARN) has debunked reports implying that foreign airlines in Nigeria reduced fares because of Air Peace’s debut flight to London. Kingsley Nwokoma, the president of AFARN told BusinessDay that fares reduction on the London route and other destinations is not because of competition […]

The prices of gadgets have begun to fall on the back of the naira’s recent gains against the dollar and other major currencies, according to a market survey by BusinessDay. Nigeria’s currency has rallied in recent weeks after falling to record lows in January and February. It closed at N1,255.07/$ […]

The country’s exports of so-called sour crude — the heavy, dense kind that many refineries are designed to process — now stand to shrink even further as state-controlled oil company Pemex has canceled some supply contracts to foreign refiners, Bloomberg News reported last week. That decision has roiled oil markets […]