Business
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Olubadan calls on Belgium to invest in Ibadan’s agricultural sector
On Monday, August 26, Oba Owolabi Olakulehin, the Olubadan of Ibadanland, encouraged the Belgian government to invest in the vast…
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Nigeria’s external reserves decline to $36.44bn on retail dollar sales
Nigeria’s external reserves have recorded a marginal decline of 1.16 percent ($430 million) in the last two weeks since the…
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Chinese firm Zhongshang repossesses another Nigerian jet in Canada
Chinese company Zhongshang Fucheng Industrial Investment Ltd. has completed the repossession of a luxury jet owned by Nigeria, this time…
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7 Steps of talent management
Talent is something but not everything. Talent is born, not made. When talent and hard work combine, miracles will happen.…
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FG charges 23 individuals, vessel with economic sabotage
The Federal Government has taken legal action against a vessel, MT Kali, and 23 individuals accused of oil theft and…
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CBN cites July inflation decline as signs of successful monetary policies
The Central Bank of Nigeria (CBN) has reported that the decline in inflation in July 2024 indicates that its monetary…
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MTN Nigeria disputes owing Osun government, breaking cable deployment laws
MTN Nigeria has rejected claims that it owes ₦900 million in taxes to the Osun State government.
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MTN reports first loss in 8 years, records over $400 million loss
MTN Group, the South African mobile telecom giant, has reported a significant loss for the first time since 2016.
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FG commences sale of crude oil to Dangote, others in October
Minister of Finance and coordinating Minister of Nigeria, Wale Edun, has said the Federal Government (FG) would commence the sale…
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Nigerian Government moves to introduce new tax law
The Executive Chairman of the Federal Inland Revenue Service, FIRS, Zacch Adedeji, says there are plans to introduce a law…
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NNPCL debunks claims of $6.8bn debt, says it pays taxes to FIRS, RITC Scheme
The Nigerian National Petroleum Company Limited (NNPCL) has firmly denied claims that it owes $6.8 billion to international oil traders.…
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FIRS seeks to regulate crypto industry
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji had revealed that the Service would be seeking…
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Naira dips against dollar to end week on negative note
The naira fell against the dollar on Friday, August 16, at the official foreign exchange market to end the week…
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Ogun Housing Corporation hands 7-day ultimatum to illegal occupants, threatens legal action
The Ogun State Housing Corporation (OGSHC) has given a seven-day notice to people living in its housing estates without permission,…
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Ajaokuta Steel: Youth leaders call for comprehensive probe, presidential intervention
On Friday, August 16, the Nigeria Ethnic Nationalities Youth Leaders Council Worldwide (NENYLCW) called for a comprehensive investigation into the…
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There was an attempt to compromise our website domain – GTBank confirms
Financial institution, Guaranty Trust Bank Plc has confirmed an attempt to compromise its website domain.
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Adebise, Adedibu join FCMB board
First City Monument Bank Limited has appointed Ademola Adebise and Mrs Olufunmilayo Adedibu to its board of directors. Their appointments…
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Dangote Refinery: “We Did Not Fix ₦600/Litre Petrol Price”
The disclaimer was contained in a statement signed on Tuesday by the Group Chief Branding and Communications Officer, Dangote Industries…
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Nigerian economy lost N500bn to protests – Trade Minister, Anite
Nigerian economy lost N500bn to protests – Trade Minister, Anite Nigeria’s Minister of Industry, Trade and Investment, Dr Doris Uzoka…
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Former YouTube CEO Susan Wojcicki dies at 56
YouTube’s former chief executive and long-time Google executive Susan Wojcicki died on Saturday at the age of 56 after a…
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Dangote Refinery says it’s yet to receive 29 million barrels of crude oil promised by NUPRC
The problems in Nigeria's oil and gas industry aren't over yet. Dangote Refinery says it hasn't received the 26 million…
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I was offered $500 to run down Dangote Refinery – David Hundeyin
Investigative journalist and founder of news publication West Africa Weekly, David Hundeyin, has gone public with an offer he received…
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Dangote accuses IOCs, Nigerian Govt agency of frustrating refinery
The President and Chief Executive of Dangote Group, Aliko Dangote, has revealed that the Dangote Refinery’s crude oil supply problem…
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Lagos launches new portal to prevent revenue leakages, boost revenue collection
On Thursday, the Lagos State Government officially introduced its new revenue platform, the Lagos Revenue Portal (LRP). This innovative tool…
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CBN provides reason six banks were disqualified from FX auction
The Central Bank of Nigeria says six out of 32 banks that bid for foreign currency at its recently launched…
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Net FX flows increase by 55% to $25.4 billion in six months – CBN
The Central Bank of Nigeria in its ongoing commitment to support the proper functioning of the foreign exchange market by…
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Airline operators label Nigeria Air a scam, say it was made to deceive Nigerians
The Airline Operators of Nigeria (AON) has labeled the bidding approval and launch of Nigeria Air as a fraud. They…
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Naira appreciates 0.6% against dollar at the official market
On Monday, Naira appreciated at the official market, trading at N1,607.15 to the dollar. Data from the official trading platform…
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Kaduna Electric cuts off Gov Sani’s office over unpaid electricity debt
Kaduna Electric cut off power to the government office of Governor Uba Sani and other government agencies because they owe…
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WhatsApp may suspend operations in Nigeria over regulatory demands
WhatsApp may withdraw its services from Nigeria due to increasing regulatory demands, just one week after being fined $220 million…
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NCC orders Telcos to reactivate blocked SIM cards
The Nigerian Communications Commission (NCC) has instructed telecommunications operators to promptly restore all phone lines that were blocked due to…
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Minimum wage: N70,000 is official!
President Bola Ahmed Tinubu has just signed a new law raising the minimum wage to N70,000, making it 112% higher…
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Account for N100bn dirty notes, SERAP asks CBN
The Socio-Economic Rights and Accountability Project has filed a lawsuit against the Central Bank of Nigeria “over the failure to…
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US justice department counters TikTok’s lawsuit, citing national security concerns
The US Justice Department has responded to TikTok's civil suit, arguing that a law forcing the app to be sold…
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PCN cracks down on unlicensed pharmacies, shuts 571 premises in Bauchi state
The Pharmacists Council of Nigeria (PCN) has taken drastic measures to ensure public health and safety by shutting down 571…
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CBN disburses $148m to 29 authorised dealers
The Central Bank of Nigeria has disbursed $148m to 29 authorised dealers as part of steps to stabilise the foreign…
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Nigeria’s ‘Yahoo Boys’ behind rise in financial sextortion scams, Meta cracks down
Nigeria's notorious 'Yahoo Boys', online fraudsters named after the popular email service, are behind a surge in financial sextortion scams…
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Discos rake in N291 billion despite unstable power supply nationwide
Nigeria's electricity distribution companies (Discos) made N291.62 billion in the first quarter of 2024, despite a severe power crisis in…
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Reps call for suspension of NMDPRA boss over Dangote Refinery comments
The House of Representatives has called on President Bola Tinubu to suspend the Chief Executive of the Nigerian Midstream and…
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AfDB invests $10.9bn in Nigeria- Barrow
The Director-General of West Africa Region, African Development Bank, Lamin Barrow, says the banks’s cumulative financing approvals in Nigeria stands…
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