Duport Midstream Company Ltd. Energy Park, a 10,000 barrels per day Modular refinery located at Ogbekor community, Orhionmwon Local Government Area in Edo will take off on 28, July, 2022. …
Category: Business
Again, Naira crashes dollar
The Naira on Wednesday depreciated at the Investors and Exporters window, exchanging at N420.50 to the dollar on Wednesday. This represents a 0.05 depreciation against N420.27 traded on Tuesday. …
Twitter board finally endorses Elon Musk’s $44bn deal
Twitter’s board has endorsed the proposed $44 billion sale of the company to billionaire and Tesla CEO Elon Musk. This was contained in a regulatory filing Tuesday, according to ABC News….
Business: Obaseki meets U.S. trade delegation, expects $3.2billion investment
A trade delegation from Miami Dade County, Florida, the United States has visited Edo State, to explore business and investment opportunities in tourism, maritime and aviation sectors of the state. Governor…
FG: Twitter, others must delete porn posts within 24 hours
The Federal Government has ordered online interactive platforms, such as Twitter, WhatsApp, Facebook, Instagram, and TikTok to ensure that they remove, disable or block access to any non-consensual content, which displays partial…
Bitcoin Tumbles to 18-Month Low as $200 Billion Wiped Off Crypto Market
Bitcoin, the world’s largest crypto by market cap, has dropped 12 per cent to $24,138. According to CoinMarketCap, the price of bitcoin stood at $24,063 on Monday at 11:00 GMT+1. On June…
Bank Customers To Produce Indemnity For Online Transfers Above N1m – CBN
The Central Bank of Nigeria has directed banks and Payment Service Providers to accept indemnity from customers for highly secured online funds transfers. This was contained in a circular signed by the…
Naira Notes Will Be Out Of Circulation Soon – CBN
The Central Bank of Nigeria CBN has said that the country will be faced with dearth of paper currency soon. This as the apex bank intensifies effort in the area of digital…
Breaking: FAAN launches Taxi App to check illegal car hire
The Federal Airports Authority of Nigeria (FAAN) on Wednesday in Abuja launched the FAAN Taxi App to facilitate seamless taxi-hailing at the airport and even downtown. The FAAN app will have…
Naira to Dollar reaches N600 to $1 ahead party primaries
Ahead of party primaries in Nigeria, dollar exchanged at N600 on Monday at the parallel market, heightening fears of a further devaluation of the nation’s currency. The rate at the Importers and…