A Canada-based fintech company, Expedier, has launched ‘Expedier for Business’, a pro-banking online platform designed to help companies manage cross-border payments, multi-currency transactions and financial operations from a single interface. The company said the platform was developed to address persistent challenges faced by businesses operating across multiple countries, including fragmented …
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Nigeria LNG Limited (NLNG) has scaled up its Vocational Innovation Business Empowerment Scheme (VIBES), inducting 103 new trainees into its 2026 cohort to foster entrepreneurship in host communities. The company said, the induction ceremony, held in Port Harcourt on Monday, marked a significant milestone in the scheme’s ongoing commitment to …
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Stakeholders, including energy experts, economists, and Nigerian workers, have raised alarm over the suspension of petrol imports by the Federal Government, urging urgent price regulation as Dangote Petroleum Refinery takes command of Nigeria’s N14.4tn petrol market, signaling a major shake-up in the nation’s energy sector. On Wednesday, The PUNCH reported …
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OPay Digital Services Limited has dismissed reports that its offices in Lagos and Abuja were sealed by the Nigeria Revenue Service over alleged non-compliance with tax obligations, describing the claims as false and misleading. Reports had circulated on social media and online platforms alleging that the NRS sealed OPay’s Lagos …
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The Federal Government has commenced the implementation of Executive Order 9 of 2026, which mandates the direct remittance of oil revenues to the Federation Account Allocation Committee. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, disclosed this in a statement issued on Monday, detailing key resolutions …
Read More »The African Finance Corporation and the Federal Government, through the Solid Minerals Development Fund, have signed an investment agreement to jointly finance three strategic projects, including a $1.3bn alumina refinery, a nationwide geoscience mapping exercise, and a special investment vehicle to unlock Nigeria’s minerals potential. The agreement, signed in Abuja, …
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Energy experts and downstream operators have warned that Nigeria may witness a fresh increase in petrol and diesel prices if global crude oil prices surge above $90 per barrel amid escalating tensions between the United States and Iran. The warning comes as hostilities in the Middle East triggered fresh volatility …
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Following the Middle East crisis sparked by US-Israeli strikes in Iran, natural gas prices spiked by nearly 50% on Monday after QatarEnergy, one of the world’s biggest exporters, halted production following “military attacks” on its facilities. The oil and gas prices surge, BBC reports, is just as Iran continues to launch …
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The Nigerian Content Development and Monitoring Board (NCDMB) has reminded operators, contractors and service companies in Nigeria’s upstream oil and gas sector of their statutory obligation to remit one per cent Nigerian Content Development Fund (NCDF) levy into bank accounts officially designated by the Board. In a statement, Executive …
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The Nigeria Customs Service (NCS) has generated ₦1.585 trillion from 51 companies under its Authorised Economic Operator (AEO) Programme. Disclosing this in a statement on Thirsday, NCS National Public Relations Officer, Dr Abdullahi Maiwada, said the programme accounted for 21.77 per cent of the service’s revenue collection of ₦7.281 trillion …
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