Business
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Protesters storm N’Assembly, demand sack of NNPC’s boss
A group of Nigerians who called themselves, the Nigerian Coalition of Civil Society Organisations, has called for the removal of…
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Indian billionaire, Tata, leaves huge chunk of his £91m fortune to his dog and domestic staff
Renowned Indian billionaire businessman, Ratan Tata, has left a huge chunk of his £91 million fortune to his dog and…
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FirstBank assures customers system migration won’t affect banking services
FirstBank has reassured its customers that its upcoming transition to a new cloud-based procurement and financial platform will not disrupt…
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NNPC confirms helicopter carrying staff plunged into ocean
The Nigerian National Petroleum Company Limited (NNPCL) has confirmed that a helicopter transporting its personnel plunged into the waters near…
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Price of bag of local rice rose 152% in one year – NBS
The price of a bag (50 kg) of local rice rose year-on-year by 152.9 per cent from N37,853 in September…
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Minister of Finance Edun announces plans to raise VAT to 15% on luxury goods
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has announced plans to increase Value-Added Tax (VAT)…
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Nigeria is a failure right now- Economist, Prof Pat Utomi
Renowned economist, Prof. Pat Utomi, has described Nigeria as a “failure,” blaming this on the capture of both the National…
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Hardship: Nigeria govt to impose fresh 5% tax on Telecoms, betting services
The Nigerian government is proposing to impose a 5 percent tax on telecommunication, gaming and betting services in the country.…
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TAJBank sets industry record, pays second dividend in 4 years
TAJBank Limited, Nigeria’s fastest-growing non-interest bank, has set a new record in Nigeria’s banking sector history with the payment of…
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Naira falls to 1,705/$ in parallel market
The naira weakened further in the parallel market on Wednesday, trading at ₦1,705 per US dollar, according to Bureau De…
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Naira lost 43% of its value, listed among worst-performing currencies in Africa
Nigeria’s currency, the naira, has been ranked as one of the worst-performing currencies in Sub-Saharan Africa in 2024. According to…
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Herbert Wigwe’s father debunks rumour he requested 20% of his late son’s estate
The family of the late banker, Herbert Wigwe, has firmly debunked the allegations and reports circulating in the media that…
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Electricity: National grid collapses again
The National grid recorded another collapse on Monday evening according to information obtained from Enugu Distribution Company (DISCO). The Public…
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Cooking gas price goes up to N1,500/kg
The price of cooking gas has surged to a record high of N1,500 per kilogram across retail outlets in Nigeria,…
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New bill makes tax ID mandatory for opening or operating bank accounts in Nigeria
A new bill proposed in Nigeria is set to make it mandatory for individuals to provide a Tax Identification Number…
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