Senate to Probe N30tn Loan Spent by Buhari’s Administration
The Senate has announced plans to question officials from the Central Bank of Nigeria (CBN) regarding the…
African Share of Global Trade Remains Below 3%: Report”
According to a report assessing progress on regional integration in Africa by the Economic Commission for Africa…
EFCC Uncovers Fresh N17bn Fraud Linked to Ministry of Humanitarian Affairs
Allegations of fraud within the Federal Ministry of Humanitarian Affairs, Disaster Management, and Social…
BREAKING: MTN Nigeria Incurs N740 Billion In Forex Losses, Shareholders Funds…
MTN Nigeria Plc has recorded a significant loss before tax amounting to N177.8 billion, attributing the losses to…
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…
Zambia Plans to Import and Ration Electricity Due to Drought
Zambia is grappling with a severe drought crisis, prompting President Hakainde Hichilema to announce plans to…
Ghana’s Parliament Faces Power Cut Over Unpaid Debt
Ghana's state-run electricity provider, ECG, took the drastic step of briefly cutting off power to the parliament…
India’s Rice Output to Drop for the First Time in 8 Years- Govt
India anticipates a decline in rice production for the first time in eight years during the 2023/24 season due to…
Tesla Rolls Out New Incentives in China as Price War Escalates
Tesla has unveiled new incentives, including insurance subsidies, in a bid to attract consumers in the world's…
Investors Await UK Spring Budget Amid Election Speculation
As Britain anticipates its Spring budget set for the upcoming Wednesday, investors closely monitor Finance…
Facebook Owner Meta Angers Australia with Plan to Stop Paying for News Content
Meta Platforms, formerly known as Facebook, announced its decision to halt payments to Australian news publishers…
Disney Founders’ Grandchildren Back CEO Bob Iger Against Activist Investors
The grandchildren of Walt and Roy Disney, founders of Walt Disney Co (DIS.N), have voiced their support for CEO…
MainOne Lands 2Africa Subsea Cable in Akwa Ibom State
MainOne, in collaboration with 2Africa, has successfully installed the 45,000-kilometre subsea cable system in…
OPay Urges Customers to Link BVN or NIN to Accounts
OPay, a financial services firm, has called on its customers to comply with the Central Bank of Nigeria's…
FRC to Enforce Stricter Codes for Accounting Professionals
The Financial Reporting Council (FRC) has issued a stern warning, indicating its intent to hold accounting…
Rand Merchant Bank optimistic about $11bn Indo-Nigeria trade
Rand Merchant Bank (RMB) highlights the promising prospects of trade between Nigeria and India, estimated at $11.8…
NDIC Reimburses Depositors of Rested Banks
The Nigeria Deposit Insurance Corporation (NDIC) has announced the reimbursement of depositors affected by the…
NCAA Sets Up Committee to Investigate Foreign Airlines’ High Fares
The Nigeria Civil Aviation Authority (NCAA), led by Chris Najomo, has established a 10-man committee to probe…
Bill to amend NDIC Act scale second reading at Senate
A Bill seeking to amend the Nigeria Deposit Insurance Corporation (NDIC) Act No. 63 of 2023 to enhance the…
Nigeria’s Crackdown on Binance Sparks Concerns for Cryptocurrency Future
Nigeria's recent crackdown on Binance, a prominent cryptocurrency platform, has ignited concerns regarding the…
You Can’t Fight Me – Tinubu Dares NLC
President Bola Ahmed Tinubu criticized the recent Nigeria Labour Congress (NLC) protest, cautioning the labor…
Tinubu Directs Cement Companies to Revert to Old Prices- Minister
President Bola Ahmed Tinubu has instructed cement companies to return to previous pricing levels, as disclosed by…
House of Rep Cautions Tinubu on Orosanye Report Implementation
The House of Representatives has cautioned the Bola Tinubu-led presidency against hastily implementing the…
MMA2 Wins Two Awards at Nigerian Aviation Ceremony
Bi-Courtney Aviation Services Limited (BASL), which operates the Murtala Muhammed Airport Terminal Two (MMA2),…
Delta State Government Partners with UK Firm for Mangrove Restoration Project
The Delta State Government recently finalized an agreement with a United Kingdom firm and other partners to…
Ibom Air Adjusts Flight Schedule After Wet-Lease Discontinuation
Following the termination of its wet-leased aircraft arrangement, Ibom Air has announced adjustments to its flight…
SEC May Wield Hammer on Binance, Other crypto Platforms For Illegal Operations
The Securities and Exchange Commission (SEC), Nigeria, is considering imposing huge fines, potentially amounting…
3.0 Verse Launches Operations in Nigeria to Simplify Digital Assets
3.0 Verse, a digital assets company, has inaugurated its operations in Nigeria, marking its entry into the African…
Naira Records First Gain at Official Market After Rate Hike
The Nigerian naira has experienced a slight appreciation of 0.39 percent in the official foreign exchange (FX)…
CBN Resumes Dollar Sales to BDCs to Stabilize Naira
After a three-year hiatus, the Central Bank of Nigeria (CBN) has reinstated dollar sales to Bureau De Change (BDC)…