Business
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Naira exchanges for N545/$ at parallel market
The Nigerian Naira has hit an all-time low in 48 years after trading for 545/$ in parallel markets on Thursday…
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Hisbah destroys 5,760 alcohol bottles in Kano, arrests over 100 youths
The Kano State Hisbah board confiscated 5,760 bottles of beer today, Thursday 9, September. Hisbah made the announcement in a…
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Gombe commissioner begs Rivers, Lagos govts to reconsider stance on VAT
Gombe State’s Commissioner for Finance and Economic Development, Muhammad Magaji, has begged Lagos and Rivers State governments to reconsider its…
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Court freezes jailed ex-Bank PHB boss, Francis Atuche’s N19.1 billion
There is more trouble for the jailed former Managing Director of Bank PHB Plc, Francis Atuche, as Justice Lateefat Okunnu…
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Nigeria has not made progress in 40 years – Sanusi
Former Emir of Kano and ex-governor of Central Bank of Nigeria (CBN), Muhammadu Sanusi II, has said Nigeria has not…
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Nigeria’s unclaimed share dividends hits N170bn – SEC
Nigeria’s Securities and Exchange Commission (SEC) has announced that the total unclaimed dividend in the Nigerian capital market stood at…
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Shakeup in NNPC, senior management staff redeployed, COO sacked
The Nigerian National Petroleum Corporation has announced the promotion and redeployment of some staff to fill vacant positions, as well…
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Samsung launches Neo QLED TV, other consumer products
Samsung Electronics Nigeria has launched its 2021 consumer products range. The launch, which held at the Capital Club in Victoria…
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MTN to rehabilitate 100km Enugu-Onitsha Expressway in tax credit scheme
MTN Nigeria said its Board of Directors has approved its participation in the Road Infrastructure Tax Credit (RITC) Scheme and…
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$12bn cash payment to service foreign debt in 2005 was a wrong move –Fashola
Nigeria’s Works and Housing Minister, Babatunde Fashola, has criticized the decision of the Olusegun Obasanjo-led government to pay $12 billion…
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We’re ready to deploy 5G technology – NCC
The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof Umar Danbatta, has declared that all is set for…
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Accountant-General illegally withdrew N665.8bn from Special Fund – Senate
The Senate has accused the Office of the Accountant General of the Federation of illegally withdrawing N665.8 billion from the…
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CBN accuses Bureau De Change operators of greed, stops sale of forex to them
The Central Bank of Nigeria (CBN) has banned the sale of forex to Bureau De Change operators (BDCs). Central Bank…
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Spectranet unveils new tagline
As part of its strategies to refresh the Spectranet brand, the management of the internet service provider has announced a…
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FEC awards N309bn road contracts to Dangote as tax credit
The Federal Executive Council (FEC) on Wednesday July 14, approved the award of a contract to Dangote Industries to construct…
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