Business
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CBN slashes Customs duty rate as naira stabilises
The exchange rate for computing the country’s Customs duties has been slashed by 5.3 per cent by the Central Bank…
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Economic Hardship: Kitchen tips to help you save on gas
To refill a 12.5kg gas cylinder costs anything between N15,000 and N20,000 depending on your area in Nigeria today. It…
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40 million telephone lines blocked for failure to link NIN to SIM
Over 40 million telephone lines have been blocked by telecommunication operators at the expiration of the February 28, 2024 deadline…
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Companies to pay $15k to FG for each expatriate hired to work in Nigeria
The federal government has imposed an Expatriate Employment Levy (EEL) on employers who hire foreign workers. Such companies must pay…
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British Council Nigeria increases IELTS fees to N266,000
The British Council Nigeria has announced an upward adjustment of the prices of the International English Language Testing System…
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Breaking: FG slams $10 billion fine on Binance
Nigerian authorities are reportedly slammed a fine of $10 billion on the global cryptocurrency exchange platform Binance, alleging the country…
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Binance will destroy our economy if not stopped – Presidential spokesman, Bayo Onanuga
Presidential spokesman, Bayo Onanuga has said that the cryptocurrency trading website, Binance, will destroy Nigeria’s economy if not checked. Appearing…
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Dollar may exchange for N4k before the year ends – Ozekhome
Lawyer and human rights activist, Mike Ozekhome (SAN), has said that the dollar may exchange at N4000 under the Tinubu-led…
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I’m not responsible for the woes we have today – CBN governor, Cardoso
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has said that he is not responsible for the…
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CBN raises interest rate to 22.75 per cent
Nigeria’s apex bank, the Central Bank of Nigeria (CBN), has raised its benchmark interest rate, the Monetary Policy Rate MPR…
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CBN allocates $20,000 to each BDC to stabilize the Naira
In order to correct the distortions in the retail segment of Nigeria’s foreign exchange market, the Central Bank of Nigeria…
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Police arrest 9 suspected forex hawkers in Kano
The police in Kano State have arrested 9 suspected foreign exchange hawkers for illegal operation of Bureau De Change in…
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Minister allegedly fails to show up at Nigerian stall at Mining Summit in SA
A Nigerian is on X complaining how the Minister of Solid Minerals wasted the country’s resources by booking an…
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Naira devaluation wipes off $3 billion from Dangote’s wealth in one week
Africa’s richest man, Aliko Dangote, has lost about $3 billion in the last week following the devaluation of the nation’s…
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Herbert Wigwe: Helicopter was engulfed in fire before crash’ – US NTSB
The United States, US, National Transportation Safety Board, NTSB, has revealed that the helicopter that killed the co-founder of Access…
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