AEDC Sacks 800 Staff In Major Restructuring
The Abuja Electricity Distribution Company (AEDC) has terminated the employment of over 800 staff members as part of what the management described as a sweeping internal restructuring to boost operational…
Stocks Fall As Market Loses N612bn
The Nigerian stock market maintained its bearish streak on Tuesday, November 4,2025,shedding N612 billion. The downturn followed sustained sell-offs in National Salt Company, Skyway Aviation Handling Company, Oando, UPDC, Learn…
2025 InnTech Summit Holds In Abuja
By Pius Awunah Diverse leaders from Government, private sector, development partners, academics and investors will converge on Abuja for the 2025 Innovation & Technology Summit (InnTech Summit) on November 25,…
NAICOM Makes ‘Know Your Customer’ Rule Compulsory For New Contracts By Insurance Coys
The National Insurance Commission (NAICOM) has issued a new regulatory directive making the submission of National Identification Number (NIN), Bank Verification Number (BVN), and valid Corporate Affairs Commission (CAC) documents…
Transcorp Hotels Matches 2024’s Profit With N14.8bn In Q3 2025
Transcorp Hotels Plc continues outstanding growth in earnings with an after-tax profit of N14.8 billion at the end of the third quarter, virtually at par with the company’s full-year profit…
Abia Hosts Investment Summit, Exhibition With Turkey In November
The Abia government has announced plans to host the Abia-Turkey Investment Summit and Product Exhibition from November 25-27,2025, in Umuahia,Abia State. The Special Adviser to the state governor, Alex Otti,…
Tony Elumelu Says Foundation Has Empowered Over 24,000 Entrepreneurs With $5,000 Capital Seed
The founder of the Tony Elumelu Foundation, Mr. Tony Elumelu has said that the Foundation has so far empowered 24,000 young African entrepreneurs with over 600 coming from the Federal…
CBN Gov. Leads Nigeria’s Delegation To World Bank-IMF Meeting In Washington DC
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso will lead Nigeria’s delegation to the World Bank and International Monetary Fund Annual Meeting in Washington DC, which…
Bank Customers Now To Get Refund For Failed ATM Transactions Within 48 Hours
Reprieve is on the way for Nigerian Bank Customers as the Central Bank of Nigeria (CBN) has issued a draft guideline on Automated Teller Machine (ATM) operations, making banks to…
Don’t Invest In AfriquantumX-SEC Warns
The Securities and Exchange Commission (SEC) has warned Nigerians against investing in AfriquantumX, an online platform claiming to trade cryptocurrency and stocks. In a statement on Tuesday,October 7,2025,the commission said…
