Business
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Euromoney Awards for Excellence 2024: GTB emerges Best Bank in CSR
Guaranty Trust Bank Ltd, a subsidiary of Guaranty Trust Holding Company Plc, has won the award for Best Bank for…
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$1bn Kogi steel project a breakthrough — FG
The Minister of Solid Minerals, Oladele Alake, has hailed the $1n (N1.6tn) new iron ore to the steel project planned…
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VAT rate remains unchanged at 7.5% – Wale Edun
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has refuted reports suggesting an increase in…
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Nigeria’s daily petrol consumption doubles after subsidy removal, raises concerns
The mystery surrounding Nigeria's daily petrol consumption has deepened, with reports indicating a dramatic increase following the removal of the…
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SERAP gives Tinubu ultimatum to reverse unlawful petrol price hike, investigate NNPC
The Socio-Economic Rights and Accountability Project (SERAP) is calling on President Bola Tinubu to immediately reverse the recent illegal hike…
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Naira records mixed performance as forex market volatility persists
The Nigerian naira experienced a mixed performance on Friday, appreciating slightly on the Nigerian Autonomous Foreign Exchange (NAFEX) but depreciating…
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Tinubu explains why fuel prices went up to Nigerians in China
President Bola Ahmed Tinubu explained to Nigerians in China why the price of petrol recently went up.
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BoI makes history with €1.43 billion loan syndication, 142.5% oversubscription
The Bank of Industry (BOI) has achieved a landmark success in its global loan syndication, securing €1.43 billion and surpassing…
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NNPC hasn’t started shipping petrol yet, talks are still in progress – Dangote Refinery
Dangote Refinery wants everyone to know that NNPC Limited hasn’t begun sending petrol from their facility yet because they’re still…
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NNPC advocates for market-based petrol pricing to end fuel queues
The Nigerian National Petroleum Company Limited (NNPC) has called for the adoption of unrestricted free market pricing of Premium Motor…
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Dangote Refinery: FEC will set petrol prices
Aliko Dangote, Chairman of Dangote Group, announced on Tuesday, September 3, that the price of petrol from his refinery will…
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President Tinubu’s new scheme, CREDICORP, takes off
The Nigerian Consumer Credit Corporation (CREDICORP) has started distributing Consumer Credit, a new program introduced by President Bola Tinubu to…
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NUPENG celebrates the start of Dangote refinery as a huge success
The Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) has praised the opening of the Dangote refinery, which will…
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Fuel hike: Motorists stranded as filling stations close in Anambra
On Tuesday, September 3, 2024, many filling stations in Anambra State closed their doors after news spread that the Nigerian…
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NNPC raises pump price to N897/litre
On Tuesday, September 3, just two days after announcing it was over $6 billion in debt due to high petrol…
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HMD launches Barbie phone in partnership with Mattel
HMD Global, which makes Nokia opens new tab-branded phones, said it has teamed up with toymaker Mattel, opens new tab to…
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FG, Boeing sign MoU to boost Aviation sector
The Federal Government has signed a Memorandum of Understanding with aircraft manufacturer, Boeing to boost the nation’s aviation sector. Disclosing…
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More Nigerians may rely on borrowing in the next 6 months – CBN report
A report from the Central Bank of Nigeria has warned of further financial strain for Nigerians. The report noted that…
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Unpaid electricity bills: UNILAG in darkness over N300m debt
Eko Electricity Distribution Company has disconnected the power supply to the University of Lagos, Akoka, over unpaid electricity bills. This…
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BREAKING: NCC sets final deadline for NIN-SIM linkage on September 14
The Nigerian Communications Commission (NCC) has announced that all Mobile Network Operators (MNOs) must complete the linkage of Subscriber Identification…
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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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