SEC unveils #InvestNigeria enlightenment campaign
In its avowed commitment to ensure that more Nigerians are attracted to the capital market, the Securities and Exchange Commission…
Cash crunch bites harder as PoS operators increase charges by over 200%
As the Yuletide season gradually draws nearer, the shortage of cash being experienced in most parts of the country is…
CBN to Banks: Supply mint naira notes to hawkers, pay N150m fine per branch
The Central Bank of Nigeria (CBN) has issued a stern warning to banks engaging in the unlawful circulation of freshly…
First Bank debunks fraud allegations
First Bank of Nigeria Limited has firmly refuted recent allegations of fraud involving the institution, describing them as baseless and…
FIRS unveils plan to increase GDP growth
The Federal Inland Revenue Service (FIRS) has unveiled its plan to improve the Gross Domestic Product (GDP) growth with the…
Again, Naira depreciates in parallel market, trades at N1,668/$
The Naira has suffered another decline in the parallel market, trading at N1,668 per dollar yesterday, compared to N1,600 per…
NITDA flags TikTok, X over tax fillings in Nigeria
The National Information Technology Development Agency (NITDA) has indicated that TikTok and X (formerly Twitter) are yet to comply with…
Minister to hold conference on revitalisation of Ajaokuta steel plant
The Ministry of Steel Development is working on a conference, which will give a roadmap for revitalisation of Ajaokuta Steel…
Nigeria ought to be running govt on tax funds, not oil revenue — Oshiomhole
The Senator representing Edo North Senatorial District, Adams Oshiomhole, has expressed strong support for President Bola Tinubu’s tax reform bills.…
Naira depreciates further in parallel market
The Naira continued its downward trend on Wednesday, depreciating to N1,600 per dollar in the parallel market, compared to the…
Dangote Refinery, Neptune Oil announce first export of PMS to Cameroon
In a landmark move for regional energy integration, Dangote Refinery and Neptune Oil have jointly announced the first-ever export of…
‘We’re aware’: Meta confirms ‘technical issue’ affecting Facebook, WhatsApp, Instagram
Meta has disclosed that a "technical issue" is impacting users of Facebook, Instagram, and WhatsApp. The tech firm and parent…
N2trn debt: Blackout looms as NMDPRA halts gas supply to GenCos
Facts have emerged that Nigeria faces an imminent blackout as the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has…
Nigeria retains top spot as Africa’s biggest oil producer
The Organisation of the Petroleum Exporting Countries (OPEC) has disclosed that Nigeria retained its position as the largest oil producer…
Nigeria oil production hits 1.5 million bpd barrels in November 2024 — OPEC
Nigeria's oil output, excluding Condensate increased month-on-month, MoM, to 1.5 million barrels per day(bpd) in November 2024, according to the…
NGX inducts 86 dealing clerks
Nigerian Exchange Limited (NGX) inducted 86 newly qualified Authorized Dealing Clerks on Tuesday. The inductees, representing several trading firms, were…
APM Terminals Apapa records 20,856 truck visits, 32,945 gate volumes in November
APM Terminals Apapa, Nigeria’s largest container terminal, announced on Wednesday that it has achieved a new milestone in truck servicing,…
SMEDAN boss laments underutilisation of N615m funds for MSMEs
The Director General of Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Mr Charles Odo has lamented the underutilization…
BDC operators can only operate between 8am and 6pm — ABCON
The Association of Bureau De Change Operators of Nigeria (ABCON) has instructed its members to strictly adhere to operational business…
Foreign body elevates NAMA to international certification category
The International Organisation for Standardization (ISO) has approved the elevation of the Nigerian Airspace Management Agency (NAMA) to its certification…
