Business
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DSTV hike: Lawyer to paste restraining order at MultiChoice office
The Competition and Consumer Protection Tribunal in Abuja has ordered that its interim order, restraining MultiChoice Nigeria Limited from hiking…
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“Emefiele collects bribe before awarding contracts” – Ex-CBN staff testifies in court
A former Director of Information Technology of the Central Bank of Nigeria, John Ayoh, has told the Lagos High Court…
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CBN bans Opay, Moniepoint, others’ from opening new accounts
The Central Bank of Nigeria has banned mobile money operators including fintech firms from onboarding new customers. The new directive…
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MTN Nigeria records ₦575.69b pre-tax loss in Q1 of 2024
Nigeria’s foremost telecom company, MTN Nigeria reported a pre-tax loss of N575.69 billion in the first quarter of 2024 despite…
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IPMAN says fuel scarcity will last for 2 more weeks
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said that the ongoing fuel scarcity across the country will persist…
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Demand for dollar forces Naira down to 1,420/$
An upward swing in the demand for the United States dollar is believed to be responsible for the slide of…
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Tanzania shuts down five power stations to reduce excess supply
Tanzanian Prime Minister, Kassim Majaliwa, has announced the shutdown of five hydroelectric stations in the country, to manage the over-production…
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FCMB records highest profit growth in 10 years
First City Monument Bank (FCMB) has recorded its highest profit in ten years, growing its profit by 206 per cent…
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Three electrocuted at Mowe, Ogun State
Three people, including a mother and her son, have been electrocuted at Mowe market in Obafemi-Owode Local Government Area of…
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Sirika spends two nights with EFCC over N8bn probe
Former Minister of Aviation, Hadi Sirika, has remained with the Economic and Financial Crimes Commission, for a second night running…
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FG suspends Dana Air operating licence after runway incident in Lagos
The Nigerian Civil Aviation Authority (NCAA) has suspended the Air Operators Certificate of Dana Air following an incident with one…
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Moniepoint opens office in Lagos
In a bid to make it easier to address customers’ enquiries and requests, Moniepoint Microfinance Bank has announced the opening…
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Naira fell again to N1,300 per dollar in official market
The Naira has fallen again, exchanging at the rate of N1,300.15 to a United States dollar on Tuesday, April 23,…
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‘He printed N684.5m notes with N18.9bn’ – EFCC files fresh charges against Emefiele
Emefiele spent N18.9b to print N684.5m notes’- EFCC brings up new charges against Emefiele The Economic and Financial Crimes Commission…
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Naira falls to N1,234/$ at official market
The naira fell against the United States dollar to N1,234 at the official foreign exchange market on Monday, according to…
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