Prioritise interest of investors’ — SEC tells capital market operators
Director-general of the securities and exchange commission Amid Yuguda says there is a need for capital market operators to prioritise…
Category: Local
CITN expresses commitment to grow taxation
The CITN President Adesina Adedayo has said the institute is committed to expanding taxation in the country. Adedayo said this…
Elon Musk and Jeff Bezos, each gained $3.5 billion in a day
Elon Musk and Jeff Bezos, have seen their wealth jump on the back of strong gains despite concerns that the…
Nigerian Insurers Association Paid Over #11 Billion For 2020 Loss Claim
The Nigerian Insurers Association (NIA) says insurers paid over N11 billion as claims for losses suffered during the 2020 #EndSARS…
United States’ DoJ seizes $3.6 billion worth of Bitcoin from 2016 Bitfinex hack
The Department of Justice in the United States announced arrests and seizures of $3.6 billion worth of Bitcoin. The arrest…
Telecoms union gives MTN 14-day ultimatum to address workers’ welfare
Telecom trade union have issued a 14-day ultimatum to MTN Nigeria Telecommunications to address issues on workers welfare or face…
Subscribers groan as Galaxy Backbone battles portal breakdown
Telecommunication subscribers have continued to lament their inability to retrieve lost Subscriber Identity Module or get a new SIM card…
Senate confirms NIPSS DG, considers other agencies’ nominees
The Senate, on Tuesday, confirmed the nomination of Prof. Ayo Omotayo as director-general of the National Institute for Policy and…
Lagos to examine sustainable job creation strategies
Lagos State Employment Trust Fund and Ministry of Economic Planning and Budget have said the second edition of the Lagos…
Nissan Unveils New Navara Pickup, To Start Assembling In Nigeria
Made in Africa Nissan Navara brand has been introduced by Stallion NMN Limited to Nigerian showrooms Stallion NMN Limited plans…
Auditor-general’s query: Reps panel summons Emefiele, Fashola
CBN Governor Godwin Emefiele was summoned by the house of representatives committee on the public account over non-disclosure of recovered…
WFP: 13 million face severe hunger amid worst drought in Ethiopia, Kenya
The United Nations World Food Programme says an estimated 13 million people in Kenya, Somalia, and Ethiopia face severe hunger…
PenCom: Over 48,000 contributors switched PFAs, transferred N172bn in 2021
The National Pension Commission says a total of 48, 543 contributors switched pension fund administrators (PFAs) in 2021, valued at about…
Arla Foods And Partner Tolaram Group Agree To Build Dairy Farm In Kaduna, Nigeria
As part of efforts aimed at boosting local milk production, Arla Foods, makers of Dano Milk, says it has signed…
Jaiz Bank Posts N4.21bn Profit In 2021
Jaiz Bank Plc has released its unaudited financial results for the period ended December 31, 2021. The results as released…
Nigeria Reps Tells APCON, NAFDAC, Others To Monitor Online Drug Adverts
The House of Representatives has called on the Advertising Practitioners Council of Nigeria to liaise with social media giants and…
Remove fuel subsidy, official exchange rate, IMF urges FG
Two weeks after the Federal Government suspended the removal of petrol subsidy, the International Monetary Fund has again urged the…
Fuel Scarcity: Filling Stations Shut As Queues Persist In Lagos, Abuja, Others
Filling stations were shut on Monday as this led to queues by motorists in within their premises Ques were larger…
World Bank, Kenya in talks for another $200 million loan
The World Bank will give Kenya $200 million to support various development projects to improve food security in the country.…
GTCO Acquires Investment One’s Pension, Funds Management Subsidiaries
Guaranty Trust Holding Company Plc says it has completed the acquisition of 100% shareholding in two subsidiaries of Investment One.…
Nigeria: Aviation Workers Suspend Planned Nationwide Strike
The labour unions in the aviation industry have suspended the planned strike. They had fixed today for the commencement of…
KPMG Canada adds Bitcoin and Ether to its balance sheet
The Canadian branch of accounting giant, KPMG has made its first allocation of cryptocurrency assets to its corporate treasury. According…
Paxful Drives Financial Inclusion With Education Centres
Paxful, a peer-to-peer crypto platform, says it is committed to setting up Bitcoin educational centres in key markets where it…
JAMB introduces self-service registration outlets in Abuja, Lagos, adds WhatsApp platform
The Joint Admissions and Matriculation Board (JAMB) announces plans to introduce self-service registration. Outlets will be situated in Abuja and…
Naira depreciates further, exchanges for N572/$1 at parallel market
The Nigerian naira traded at N572 per dollar on Monday at the parallel section of the foreign exchange market. The…
SoftBank hit as profit, and Arm deal, collapse
SoftBank Group Corp reported a 97% drop in quarterly profit and the collapse of a deal worth up to $80…
Bumper BP profits lift European stocks, euro stalled by cautious Lagarde
Bumper profits from oil giant BP helped lift European stocks on Tuesday, while the euro was pegged back as the…
MTN Pays NCC’s 5G License Fee Before Deadline
MTN Nigeria has paid the 5G license fee ahead of the February 24 deadline issued by the Federal Government of…
NIMC portal breaks down, banks, telcos, passport issuance suffer
Thousands of telecommunication subscribers nationwide seeking to retrieve lost SIM cards or acquire new lines temporarily have been left stranded.…
Nigeria, others need $484bn by 2025 for economic recovery – AfDB president
African Development Bank President Dr Akinwumi Adesina, says Africa needs $484bn over the next three years to tackle the socioeconomic…