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Nigerian Explorationists call for better Infrastructure in Oil and Gas Sector
The Nigerian Association of Petroleum Explorationists (NAPE) has expressed confidence that the future of oil and gas exploration is bright amid the global energy transition.
The president, NAPE, Mrs. Patricia Ochogbu, said petroleum…
Digital Economy: Nigeria to leverage on Gulf Information Technology Exhibition
The Nigerian Government is to leverage its participation at the Gulf Information Technology Exhibition (GITEX) 2021 to further explore global partnership for the country’s shift to digital economy and support for its thriving start-up…
NGX: All-Share Index declines further by 0.79%
The All-Share index of equities on the Nigerian Exchange Group (NGX) continued on the downward trend on Thursday as it dropped further by 0.79% to close at 38,484.82 point .
Similarly, the market capitalization closed lower at…
Kano State to spend N2.5bn on Dala Inland Dry Port
The Kano State Government says it is spending N2.5 billion on infrastructural facilities at the Dala Inland Dry Port to boost economic and social activities in the State.
Gov. Abdullahi Ganduje made the disclosure at the…
NCC launches annual operating regulatory levy
The Nigerian Communications Commission (NCC) has launched an annual operating regulatory levy to ensure that all licenses are properly assessed towards regulatory expectations and standards.
This was disclosed by Prof. Umar…
Spain’s GDP expands (Q-o-Q), rebounds from 0.4% contraction
Spain's gross domestic product (GDP) expanded 2.8 percent on quarter in the three months to June of 2021, rebounding from a 0.4 percent contraction in the previous period and beating market expectations of a 2.2 percent advance, a…
Nigeria begins deployment of Fifth Generation (5G) Technology
The Nigerian Communications Commission has commenced the process for deployment of Fifth Generation (5G) Technology in thee country.
This was disclosed by the Executive Vice Chairman of Nigerian Communications Commission, Professor Umar…
CBN to return capital deposits, licensing fees of pending BDC applications
Following the decision of the Central Bank of Nigeria to stop the licensing of Bureau de Change operators, the apex bank has announced that it will commence the immediate reimbursement of capital deposits and licensing fees to BDC promoters…
NCC says Mobile Network Operators earnings soared in 2020
Data from the Nigerian Communications Commission (NCC), has shown that Mobile Network Operators (MNOs) earned N2.26 trillion higher than the N2.019 trillion recorded in 2019 - an increase of 12.33 percent of total revenue from network…
Nigeria’s Capital Importation slumps further in Q2, 2021
The total value of capital importation into Nigeria declined to $875.62million in the second quarter of 2021 from $1,905.89million in the first quarter of 2021.
This represents a decrease of -54.06 percent compared to Q1 2021 and -32.38…