CBN Increases capital base for commercial banks to N500- N200 billion
In a sweeping financial reform announced on Thursday, March 28, 2024, the Central Bank of Nigeria (CBN) has raised the…
Category: Breaking
NAAT announces three-day warning strike over withheld salaries
The National Association of Academic Technologists (NAAT) has declared a three-day warning strike starting from March 20, citing the non-payment…
Hamas deputy military commander killed in Israeli air strike
A White House official, Jake Sullivan, confirmed that Hamas leader Marwan Issa was killed in an Israeli air strike, making…
Unpaid salaries: SSANU, NASU tackle FG, declare seven-day strike
The Senior Staff Association of Nigerian Universities (SSANU) and the Non-Academic Staff Union (NASU) have jointly declared a seven-day warning…
Abdulwaheed Odusile Appointed as CEO of KAFTAN Television
Qbdulwaheed Odusile, the former Commissioner for Information and Strategy in Ogun State, has been appointed as the new Chief Executive…
Final Farewell to Herbert Wigwe: Political and Business Leaders Pay Tribute
The Eko Hotel in Lagos witnessed an evening filled with deep emotions as political and business leaders, friends, family, and…
BREAKING: MTN Nigeria Incurs N740 Billion In Forex Losses, Shareholders Funds Wiped Out
MTN Nigeria Plc has recorded a significant loss before tax amounting to N177.8 billion, attributing the losses to a substantial…
Forex Crisis: FG Slaps $10 Billion Fine on Binance
The Federal Government has imposed a $10 billion fine on cryptocurrency platform Binance, accusing it of exacerbating Nigeria’s forex crisis.…
House of Rep Cautions Tinubu on Orosanye Report Implementation
The House of Representatives has cautioned the Bola Tinubu-led presidency against hastily implementing the Orosanye Report, urging thorough review before…
JUST IN: MPC Raises Interest Rate To 22.5%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has announced a significant increase in the benchmark…
Geometric Power Plant in Aba Gets Commissioned by Pres. Tinubu Today
Today, February 26, 2024, marks a historic moment for Aba as President Bola Tinubu commissions the Geometric power plant, the…
Hafsat Bakari Appointed CEO of Nigerian Financial Intelligence Unit
President Bola Tinubu has appointed Hafsat Bakari as the Chief Executive Officer (CEO) of the Nigerian Financial Intelligence Unit (NFIU).…
NARTO Suspends Nationwide Strike
The Nigerian Association of Road Transport Owners (NARTO) has decided to halt its plans for a nationwide strike and instructed…
Geometric Power Plant in Aba to be Commissioned Feb 26
The commissioning of the 181-megawatt Geometric Power plant in Aba, Abia State, originally slated for February 24, has been rescheduled…
Nigeria Implements 30-Second Biometric Clearance Gates at International Airports
In line with international standards and best practices, the Nigerian federal government has introduced 30-second biometric clearance gates at all…
Protests Emerge in Ibadan Over Economic Hardships
Residents of Ibadan, Oyo State, took to the streets on Monday to express their grievances regarding the economic challenges prevailing…
FG Engages US in Investigation of Chopper Crash Involving Nigerian CEO
The Nigerian government has initiated discussions with the United States regarding the investigation into a tragic chopper crash that claimed…
Access Holdings Appoints Bolaji Agbede as Acting CEO Following Herbert Wigwe’s Passing
Access Holdings Plc has swiftly responded to the unexpected passing of its former Group Chief Executive Officer, Dr. Herbert Wigwe,…
Access Holdings CEO Herbert Wigwe Feared Dead in Helicopter Crash
Tragedy struck as a helicopter carrying Herbert Wigwe, the Chief Executive Officer of Access Holdings, crashed in California, United States…
Court Orders FG to Fix Prices of Petrol, motorcycles, Others
A Federal High Court in Lagos has directed the Nigerian government to set prices for essential commodities, including petrol, diesel,…
BAT (Nigeria) Unveils Solar Panel System
Today, British American Tobacco (BAT) (Nigeria) Limited will inaugurate a 1.4MWP grid-tied solar panel system at its Ibadan factory, marking…
World Bank’s Managing Director to Embark on Visit to Nigeria
Anna Bjerde, the Managing Director of Operations at the World Bank, is poised to undertake a pivotal two-day engagement in…
Shell PLC Returns $23bn to Shareholders
Shell Plc, in a statement released by its Chief Executive Officer, Wael Sawan, announced that it returned $23 billion to…
Delta Air Lines Ranks 11th on 50 Most Admired Companies List
Delta Air Lines has secured the 11th position on Fortune Magazine’s prestigious Top 50 Most Admired Companies list, making it…
Google Launches Advanced AI Model in Nigeria
Google has unveiled its most advanced Artificial Intelligence model, Gemini Pro, in Nigeria on Thursday. Gemini Pro represents an enhanced…