Six international oil companies are to remit a total of N442.37bn in August 2022, being proceeds from the sale of domestic crude oil in May 2022, figures obtained from the Nigerian National Petroleum Company Limited on Monday showed.
NNPC explained that the N422.37bn was for 8.887 million barrels of oil for May 2022 domestic crude payable in August 2022, adding that the six companies were joint…
The National Bureau of Statistics says prices of selected food items increased in July.
It made the declaration in its Selected Food Prices Watch Report for July 2022 released in Abuja on Monday.
The NBS stated that the average price of 1kg of white beans rose by 23.22 per…
The Nigerian Bottling Company said it has empowered over 22, 000 youths across 10 cities, seven campuses within the digital space in partnership with international business machines, between 2017 when the company started its youth empowerment program till date.
In a…
The contractor handling the construction of the MKO Abiola International Airport at Ido Osun in Osun State, JM & AS Limited, has written the state government to demand immediate payment of N570.2m debt expended on the project or be ready for court action.
The firm gave the state government two weeks to pay the debt following reports that the airport had been handed over to the Nigeria Air…
The National Pension Commission has vowed to go tough on relatives, workers and retirees who fake deaths of contributors to the Contributory Pension Scheme in order the get the benefits entitled to deceased persons.
To ensure that a worker is truly dead apart from other…
Economists have advised Nigerians to brace for higher inflation in the coming months.
They said that political spending as preparations for the 2023 general elections heightens, worsening exchange rate and other factors would keep inflation high.
As the country prepares for…
Bitnob a leading Bitcoin company, Signs Kelechi Iheanacho as its Brand Ambassador
August 19, 2022
Bitnob, a leading Bitcoin company, has signed Super Eagles and Leicester City striker, Kelechi Iheanacho, also known as Senior man as its Brand Ambassador.
With this move, Bitnob further strengthens her commitment to the marriage of football and bitcoin in its effort to deepen the adoption of Bitcoin on the continent. Like Football, Bitcoin brings the world together regardless of race, gender…
Pan-African IV Provider Smile Identity Launches their Inaugural State of KYC Report
August 19, 2022
August 16, 2022 – Smile Identity, the leading pan-African identity verification provider has today published its inaugural report on the State of KYC report H1 2022 where they delve into the different KYC processes as well as fraud trends they have noticed in…
Aidi, a female-led Venture Extends its Early-Stage Support Fund to $1.5 MillionAccelerator
August 19, 2022
Aidi, a female-led venture builder has announced an increase in its early-stage accelerator support fund to $1.5 Million. Aidi already supports over 200 founders across emerging markets, with notable names like Termii (YC W20), Payhippo (YC W21), Dash (Techstars 21), Raise…
Designed for those who are “young at heart” and never stop pursuing excellence in both technology innovation and aesthetic design, TECNO’s CAMON 19 Pro Mondrian Edition Smartphone Integrates a Color-Changing Design with a Sleek Bezel and Advanced Camera, Inspired by Abstract Art Icon Piet Mondrian
Technology can now also be art. TECNO, a global premium smartphone brand, recently advanced…