The Coalition of Northern Groups, CNG, has condemned the outright refusal of some businesses to crash the prices of their goods despite the Naira gaining against the Dollar.
Manufacturers faulted the decision by CBN directing deposit money banks to stop the use of foreign currencies as collateral for naira loans
SHELT, a cybersecurity solutions provider, has announced the debut of its latest subsidiary in Nigeria, SHELT System Integration (SHELT SI). The new venture, in a statement, reaffirmed its dedication to Nigeria’s digital future and aims to attract top talents within Nigeria, ensuring access to the best minds in the industry. The company said it was … Read more
The officers treated journalist Saint Mienpamo Onitsha as if he was violent and dangerous. Guns drawn, they arrested him at the home of a friend, drove him to the local police station in Nigeria’s southern Bayelsa State, and then flew him to the national capital, Abuja. A week later, they charged Onitsha under the … Read more
The managing director of First Bank of Nigeria Limited, Adesola Adeduntan, has resigned his appointment from the company after nine years of holding the top executive position. He was due to retire in December when his tenure would have been fully completed. “I have however decided to proceed on retirement with effect from 20 … Read more
The Organization of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production dropped again in March. OPEC data based on direct communication show that Nigeria’s average daily production dropped to 1.2 million barrels, from 1.3 in February. “The only sector we continue to depend on for revenues is collapsing right under our … Read more
Federal Government has said Nigeria now has the capacity and materials to manufacture made-in-Nigeria cars for local use and export. Minister of Industry, Trade and Investment, Dr Doris Uzoka-Anite stated this at the Automotive Component Manufacturers meeting in Abuja. She noted that the automobile industry is faced with both challenges and opportunities. With the enabling … Read more
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Spiro has the largest fleet of electric motorcycles on the roads in Africa. Spiro now has over 13,000 electric motorbikes and 40,000 swappable batteries in operation across Benin, Togo, Rwanda, and Kenya. Spiro says, to date, riders have … Read more
Nigeria legend Sunday Oliseh has named former Arsenal boss Unai Emery as the best coach in the world after guiding Aston Villa to the semifinal of a European competition for the first time since 1982. Courtesy of a penalty shootout victory over Lille at the Stade Pierre-Mauroy yesterday, Aston Villa advanced to the last four … Read more