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Lagos State Government to Remove Illegal Buildings in Two Weeks
The Lagos State Government has announced plans to initiate the removal of illegal building attachments and…
CBN Orders Banks to Sell Excess Dollar Stock to Stabilise Exchange Rate
In a bid to stabilize Nigeria's volatile exchange rate, the Central Bank of Nigeria (CBN) has directed Deposit…
Femi Otedola Appointed Chairman of FBN Holdings
FBN Holdings, the parent company of First Bank of Nigeria, has appointed billionaire businessman and investor Femi…
BDC Operators Suspend Operations Due to Dollar Scarcity
Bureau De Change (BDC) operators in Abuja have announced the suspension of their operations due to the…
EFCC Investigates Controversial Nigeria Air Deal-Festus Keyamo
Minister of Aviation and Aerospace Development, Festus Keyamo, revealed on Wednesday that the Economic and…
CBN Clears Foreign Airlines’ Unpaid Claims
The Central Bank of Nigeria (CBN) announced that it has settled outstanding payments owed to foreign airlines…
Runway Incursions as Threat to Nigeria’s Aviation Industry
The aviation sector in Nigeria faces a significant challenge with the increasing occurrence of runway incursions,…
Geregu Power Plc Proposes N8 Dividend per Share
Geregu Power Plc's board of directors has announced a proposed dividend of N8 per share for the 2023 financial…
Nigeria Flares $1 Billion Worth of Natural Gas
BusinessDay's investigation revealed that Nigeria flared approximately $1 billion worth of natural gas last year,…
Kogi State Government Releases N115 Million for JAMB Registration Fees
The Kogi State Government, under Governor Yahaya Bello's leadership, has allocated N115,000,000 to cover the Joint…
Pension Scheme Assets Hit N18.36tn, Increases by 22%
Data released by the National Pension Commission reveals that the total assets under the Contributory Pension…
Dangote Refinery Plans to Import Crude from the US
In anticipation of potential supply disruptions that could jeopardize its operations, Dangote Refinery is…
Manchester City Fined £120,000 for Player Misconduct Toward Referee in Tottenham…
Manchester City has been fined £120,000 ($152,000) by the Football Association after their players surrounded…
Mark Zuckerberg Surpasses Warren Buffett and Bill Gates in Wealth Rankings
Mark Zuckerberg, the Founder of Meta, has surpassed Warren Buffett in riches by $7 billion, according to the…
Credit Bank PLC Set to Make a Splash on Nairobi Securities Exchange, Aiming to…
In a bold move marking a significant shift on the financial horizon, Credit Bank PLC has announced its upcoming…
Former Nigerian Petroleum Minister to Face Fresh Bribery Trial in the UK
Former Nigerian Petroleum Minister, Mrs. Diezani Alison-Madueke, is set to stand trial in the United Kingdom on a…
Nigerian Central Bank to Rename Official Forex Market as Nigerian Foreign Exchange…
The acting Governor of the Central Bank of Nigeria (CBN), Folashodun Shonubi, announced that the official foreign…
Central Bank of Nigeria Raises Benchmark Interest Rate to 18.75% Amidst…
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted to increase the benchmark…
BREAKING: CBN increases interest rate to 18.5%.
The Central Bank of Nigeria's Monetary Policy Committee unanimously voted to raise its monetary policy interest…
Niger Delta Community Threatens $1 trillion Lawsuit Against IOC, FG.
The host community of oil and gas in the Niger Delta has pledged a trillion-dollar against oil companies and the…
Strike: Aviation Workers Threaten Total Shutdown.
As the second day of their strike begins, aviation workers have threatened to close the nation's airports if the…
Aviation Workers to Delay Flights, Airports Today.
As aviation unions promised on Sunday to start a two-day warning strike on Monday, chaos may erupt at airports…
N’Assembly Demands Jail Time for Those Who Advocate Ponzi Schemes.
The Investment and Securities Bill, which might result in jail time for people in Nigeria who advocate Ponzi…
Lawmakers Call Finance Minister, AGF, Others Over Whistleblower Policy, $2.4…
The Attorney General of the Federation, Abubakar Malami, the Secretary to the Government of the Federation, Boss…
CBN Raises Interest Rate To 18%, Retains Other Parameters
The Central Bank of Nigeria's (CBN) policy-setting committee increased the monetary policy rate (MPR), which…
Tinubu Declared The Winner Of The Presidential Election By INEC.
After receiving 8,794,726 votes to win the 2023 presidential election, Bola Ahmed Tinubu, a former governor of…
Gunshots And Explosions Shake Rivers Radio And TV Stations
In Ozuoba, in the Obio/Akpor Local Government Area of Rivers State, gunmen assaulted a prominent radio station,…
Emefiele Explains Redesign As Naira Crisis Intensifies
The Central Bank of Nigeria failed to clarify the legal tender status of the old notes, which made the problem…
Congestion As Two Containers Crash From The Mile 12 Bridge
Ikorodu Road is blocked as a result of two containers slipping off the back of a trailer on the Mile 12 bridge…
CBN Maintains a February 10 Deadline For The New Naira.
The deadline of February 10, 2023, wasn't necessary, according to Godwin Emefiele, Governor of the Central Bank of…