Business
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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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GTBank plans upgrade Friday, as Zenith Bank customers besiege bank amid service outage
Guaranty Trust Holding Company Plc (GTCo) has announced that it will go ahead with the announced major system upgrade tomorror,…
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