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Global technology company, Huawei, has unveiled smart solar products to power industries, businesses and residential homes in Nigeria Unveiling the smart solar power products called Fusionsolar in Port Harcourt on Wednesday, the Director, Huawei Digital Power Nigeria, Mr Ni Zhilin,...
The president of the African Development Bank (AfDB), Dr. Akinwumi Ayodeji Adesina, is set to receive the distinguished Obafemi Awolowo Prize for Leadership 2023 on March 6, 2024. The Obafemi Awolowo Prize for Leadership was first announced in December 2012,...
 The Nigeria Deposit Insurance Corporation (NDIC) has disclosed that Savannah Bank, one of the Nigerians’ oldest banks, has not been liquidated.It, however, said though its license was withdrawn, it has been re-licensed and has the mandate to operate fully.It...
The Director General of the Small Medium Enterprises Agency of Nigeria, SMEDAN, Charles Odii, has advised small businesses to leverage on social media platforms for expansion. Odii spoke on Friday when he received a delegation from the National Information Technology...
The Minister of Power, Adebayo Adelabu, has summoned the chief executive officers of two electricity distribution companies (DisCos) over worsening supply situations in their domains. Those invited are CEOs of Abuja Electricity Distribution Company (AEDC) and Ibadan Electricity Distribution Company...
FG Officially Approves Social Security Payments for Graduates and Vulnerable Families Federal Executive Council Approves Social Security Payments and Infrastructure Projects In a proactive move aimed at providing immediate assistance to vulnerable households and graduates, the Federal Executive Council (FEC), chaired...
MTN Nigeria Communications Plc, on Friday announced a N137 billion loss in its audited result and accounts for the period ended December 31, 2023, from the N348.73 billion profit declared in 2022. The loss was attributed to the naira devaluation...
By Stella Odueme The Nigerian National Petroleum Company Limited (NNPC Ltd) has called for deeper collaboration among upstream operators, especially independent producers, to find solutions to the challenges hindering the effective development of divested assets in the nation’s oil and...
For Nigeria to realise its climate commitment, there must be collaboration among government, private sector stakeholders, funders,  and civil society groups, as independent action will not achieve results,  says energy experts under the aegis of The Electricity Hub (TEH). The...
100 Dollars to Naira Black Market Today 2 March 2024 can be accessed below.. GoldenNewsNg has obtained the official naira black market exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC), and CBN rates. Please note that the...
Good News: Lagos Government Announce 35k Monthly Palliative Allowance Good News: N35,000 Monthly Palliative Allowance for Lagos Teachers Announced Lagos Teachers Rejoice as Governor Approves N35,000 Monthly Allowance Lagos, Nigeria: In a welcome development for educators in the state, the Lagos State...
 The Central Bank of Nigeria (CBN) continued its operation on Bureau De Change (BDC) operators, on Friday, revoking over 4,000 licences.The apex bank, which has been fighting hard to save the naira, announced this development in a statement issued...
President Bola Tinubu has approved the appointment of four Nigerian professionals to serve as Executive Directors of the Transmission Company of Nigeria (TCN), for a renewable term of four years. According to a statement by presidential spokesman, Ajuri Ngelale, this...
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From John Silas, Lagos   In an unprecedented move, the Harvard Business School, the graduate business school of Harvard University, is set to cast the spotlight on the Tony Elumelu Foundation (TEF), recognising the Foundation’s extraordinary philanthropic achievement in a ground-breaking...
Lagos State welcomed a new intra-city metro line — the second sub national rail infrastructure to be completed and opened by the state within the space of one year. President Bola Ahmed Tinubu, on Thursday, formally inaugurated the Lagos...
The CBN noted that the move aligned with its efforts towards restoring confidence in the nation's foreign exchange market. ...
 The Chairman/CEO of Geometric Power has addressed a formal letter to Governor Alex Otti wherein he stated that the administration of Governor Okezie Ikpeazu actually paid for 3.5% equity representing $3.56m in the company. This was revealed by a...
President Bola Tinubu has appointed four persons as Executive Directors of the Transmission Company of Nigeria (TCN). The Special Adviser on Media and Publicity to the President, Ajuri Ngelale, confirmed the appointment in a statement on Friday in Abuja. He said...
At a time of renewed geopolitical interest in Africa, and an increasing questioning of traditional development finance models, Harvard Business School today released a case study examining the role and impact of the Tony Elumelu Foundation (TEF), and its...
The Central Bank of Nigeria (CBN) has said it will sell Treasury bills (TBs) worth N1.64 trillion for the second quarter of 2024 (Q2’24). This information is contained in the latest release of the Nigeria Treasury Bills Issue Programme by...
The Nigerian government has fined Binance $10 billion as its crackdown on the crypto exchange platform escalates. The development comes amid desperate moves to salvage the value of Naira, the nation’s local currency. This was made known on Friday by Bayo...
100 Dollars to Naira Black Market Today 1 March 2024 can be accessed below.. GoldenNewsNg has obtained the official naira black market exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC), and CBN rates. Please note that the...
Black Market Dollar to Naira Exchange Rate Today 29th February 2024 can be accessed below.. This is a detailed article on the dollar to naira exchange rate today, including Abokifx rate, cbn, and bdc rate. Buying rate: ₦1,500 per US dollar Selling...
The Naira on Thursday recorded gain for two consecutive days at the official window but depreciated marginally at the parallel market. It depreciated to N1,550 from N1,500 it exchanged on Wednesday representing N50 decline in one day. However, the official Nigerian...
 In a bid to make air travel more affordable for Nigerians, the Nigeria Civil Aviation Authority, Chris Najomo, has set up a 10-man committee to probe foreign airlines over skyrocketing fares.This was disclosed in a press statement released to...
 President Bola Ahmed Tinubu on Thursday commissioned the 37 Kilometer Lagos red line train project.The Red Line rail project is a 37 Kilometer North South rail route which will run from Agbado in Ogun state to Marina with 13...
BUA Cement has announced a revenue growth of 27.4% to N460n from the N361 billion recorded in the previous year. This is despite a foreign exchange loss of N70bn occasioned by the devaluation of the Naira. This was contained in the...
QNET, a global lifestyle and wellness-focused direct-selling company, has announced the upcoming launch of V-Africa 2024, an event designed to empower local entrepreneurs and drive economic growth in Nigeria’s dynamic business landscape. V-Africa 2024 will bring together network marketing experts,...
An economist, Mr. Esili Eigbe, has said Nigeria lacked sufficient reserves to tackle the demands for foreign exchange and the backlog in the forex market. Eigbe, who disclosed this in an interview with Arise TV on Thursday, monitored by Persecondnews,...
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