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Nigeria’s fast growing youth population, expanding consumer power, and increasing smartphone penetration, provides a strong basis for online commerce and financial technology in Nigeria.  The current e-Commerce spending in Nigeria is estimated at $12 billion, and is projected to reach $75 billion in revenue per annum by 2025. Reports by …

Their demands being met Union gives condition to avert strike Minister of Labour and Employment Chris Ngige has accused varsity teachers of whipping up sentiments against the Federal Government to attract sympathy to its planned strike. Dr. Ngige said the government had been implementing the Memorandum of Action signed in …

 The Attorney General of the Federation and Minister of Jusitce, Abubakar Malami, SAN, has said that his comments few days ago regarding the judiciary has been taken out of context by his detractors. The AGF, while responding to a question on Channels Television on Monday had said that the executive …

A 200-level student of Obafemi Awolowo University (OAU), Ile Ife has died after falling into a soakaway close to her hostel. The female student, identified as Ajibola Ayomikun, was studying Linguistics and African Languages in the varsity. The institution, in a statement signed by Abiodun Olarewaju, its spokesperson, on Wednesday, …

A prosecution witness has told the Federal High Court in Abuja how a former registrar of the Joint Admissions and Matriculation Board (JAMB), Dibu Ojerinde, allegedly acquired choice assets through cronies while in office. Peter Oyewole, who said he served as Mr Ojerinde’s personal lawyer at the time, appeared in …

As oil companies face sanctions Contrary to a denial statement released by MRS Oil Nigeria Plc, the Nigerian National Petroleum Company Limited (NNPC) has revealed that the company and three other companies imported the methanol blended petrol into the country. Mele Kyari, group managing director of the NNPC Ltd, revealed this during …

The North-South Economists’ Forum, NSEF, a focus group of development economists, has warned propagandists and information hawkers feasting on a phoney ‘Emefiele for President’ campaign not to drag the Central Bank of Nigeria, CBN, governor into the murky water of partisan politics. Recently, some online news platforms flew a kite …

  …Promises Remedial Action on Defaulting Importers The Nigerian National Petroleum Company (NNPC) Limited has reassured Nigerians of its capacity to restore sanity in the supply and distribution of quality Premium Motor Spirit (PMS) also known as petrol across the country within a short period. The Chief Executive Officer/ Group …

The Nigerian National Petroleum Company (NNPC) Limited posted a total of $224.29million receipt from crude oil and gas export in August 2021 as against $191.26million in July 2021. A breakdown of the figures captured in the August 2021 NNPC Monthly Financial and Operations Report (MFOR) indicates that export of crude …

Specialist digital life insurance company, Heirs Life Assurance (HLA) has rolled out an awareness campaign for its pension-regulated Annuity Plan, promising retirees a steady income for as long as they live. The premise of the plan is for people to retire without financial worries as the plan pays policyholders a …