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Verve Cards now accepted on AliExpress, expanding global payment options

Verve International partners with AliExpress, allowing millions of Verve cardholders seamless access to shop on the global e-commerce platform.  Verve International, Africa’s leading domestic payment...

Borno Governor Babagana Zulum raises alarm over proposed Tax reform bill

Borno Governor Babagana Zulum warns that the proposed tax reform bill could harm the North's economy, urging President Tinubu to reconsider the legislation. Borno State...

Federal Government approves licence for new 27,000 BPD refinery in Gombe State

The Nigerian government approves a licence for a new 27,000 BPD refinery in Gombe State, set to enhance the country’s refining capacity and oil...

Capital Express life assurance announces name change and strong financial performance

Capital Express Life Assurance reveals its rebranding, reports financial growth, and outlines plans to adopt AI and digital technologies for future growth.  Capital Express Life...

House of Representatives calls for stronger regulations on PoS transactions to combat fraud

Nigerian lawmakers urge CBN governor and commercial banks to implement stricter PoS user documentation to reduce fraud, identity theft, and money laundering. In a move...

OPay partners with AfriGO to boost digital payment services in Nigeria

OPay partners with AfriGO to enhance digital payments, promote financial inclusion, and provide Nigerians with secure, affordable payment solutions.  Leading Nigerian financial institution OPay has...

Port Harcourt refinery resumes fuel production after seven-year hiatus

The Port Harcourt Refinery begins operations after extensive upgrades, promising to supply 200 trucks of fuel daily and boost Nigeria's economy.  The Port Harcourt Refinery...

SEC reports N2.7 trillion raised in capital market to boost Nigerian economy

Banks and companies raised ₦2.7 trillion in Nigeria's capital market in 2024, boosting financial stability and driving economic growth.  The Securities and Exchange Commission (SEC)...

Ogun state partners Oyan dam to generate clean energy for industrial growth

Ogun State partners with Oyan Dam to produce clean energy, advancing its leadership in circular economy practices for industrial and domestic growth.  The Ogun State...

Dangote Refinery reduces petrol price to N970/Litre, marks appreciation for Nigerians

Dangote Petroleum Refinery has reduced the price of Premium Motor Spirit (PMS) from N990/litre to N970/litre, signaling a gesture of appreciation to Nigerians. This...

Lekki textile and garment SEZ to create over 25,000 Jobs, says NEPZA MD

Dr. Olufemi Ogunyemi, Managing Director of NEPZA, reveals that the Lekki Textile and Garment Special Economic Zone project will create over 25,000 jobs, benefiting...

Telecom operators push for resolution of N250bn USSD debt amid growing pressure

Telecom operators in Nigeria are pressing regulators to resolve a growing N250bn debt tied to USSD services, with smaller banks settling obligations but major...