Business
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MultiChoice writes off $21m trapped in defunct Heritage Bank
MultiChoice Group, a leading entertainment provider in Africa, has confirmed the write-off of $21 million deposited in the now-defunct Heritage…
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Oil cabal working against Dangote Refinery – RCCG GO, Adeboye
Pastor Enoch Adeboye, General Overseer of the Redeemed Christian Church of God (RCCG), has raised concerns over an alleged scheme…
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Every Nigerian now owes N619k according to debt per capita report
A data review for the second quarter debt portfolio of the country released by the National Bureau of Statistics (NBS)…
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‘Price fluctuations wiping off our profits’- business woman laments
A businesswoman, Amber O.I. has lamented over the unending increase in prices of goods in the country, saying that it…
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Petrol price may drop as Dangote, IPMAN finalize direct supply agreement
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has reached a significant agreement with Dangote Petroleum Refinery to lift petroleum…
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Petrol landing cost drops to N971 per litre, pump price unaffected
The landing cost of Premium Motor Spirit (PMS), commonly known as petrol, in Nigeria has dropped to ₦971 per litre…
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I left banking because I couldn’t sleep with customers to bring in money, says Nigerian lady
A Nigerian entrepreneur has cited the reasons she quit banking to establish her own business, and one of the reasons…
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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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