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Business
Digital Identity Blackout: NIMC Silence Deepens as Outage Grounds Key Services
A nationwide digital blackout has struck essential services across Nigeria following a severe server outageat the National Identity Management Commission (NIMC), affecting millions of citizens who rely on the agency’s…
Nigerians earning below N250,000 monthly exempted from Tax — Oyedele
Nigerians earning less than N250,000 monthly will be exempt from income tax under new laws, according to Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms.
Oyedele made the…
Oborevwori felicitates Julius Rone At 51
Delta State Governor, Rt. Hon. Sheriff Oborevwori, has extended heartfelt felicitations to the Managing Director and Chief Executive Officer of UTM FLNG Limited, Mr.…
MultiChoice slashes DStv decoder price to N10,000… offers free upgrades
MultiChoice Nigeria has slashed the price of its DStv decoder by 50 per cent, dropping it from ₦20,000 to ₦10,000.
The company announced that the move aimed to attract more customers and curb declining subscriptions.…
Debt pressure mounts as FG misses revenue target by 31%
... Targets 7% GDP growth as reforms gain traction
... MOFI identifies N38trn underutilised public assets
The federal…
SEC’s tenure limit triggers succession fears among CEOs, directors
Many chief executive officers (CEOs), directors of public companies and capital market operators…
Alleged breach: FG arraigns Multichoice chair, MD, others October 7
The Federal Government has fixed October 7, 2025, for the arraignment of the Chairman of MultiChoice Nigeria, Adewunmi Ogunsanya, and the company’s Managing Director/CEO, John Ugbe, over alleged violations of the…
Skye Bank’s Collapse Was Political, Not Mismanagement – Tunde Ayeni
…I regret ever meeting Adaobi Alagwu
Former Chairman of the Board of Directors of Skye Bank Plc, Tunde Ayeni, has stated that he regrets ever meeting…
FG to raise N100bn with fresh bond issuance
The Federal Government of Nigeria (FGN) through the Debt Management Office (DMO) has offered green bonds valued at N100 billion for subscription at N1,000 per unit.
The DMO announced the offer on its Twitter…
Naira appreciates to N1,600/$ in parallel market
The naira yesterday appreciated to N1,600 per dollar in the parallel market from N1,605 per dollar last weekend.
But the Naira depreciated to N1,550 per dollar in the Nigerian Foreign Exchange Market (NFEM).
Data…
Lagos plastic ban could trigger job losses – MAN warns
The Manufacturers Association of Nigeria (MAN) has warned that the ban on Single-Use Plastics (SUPs) by the Lagos State Ministry of Environment could lead to job losses and trigger economic, operational and social…
2024: Dangote pays N502.6 billion to Cement Shareholders as Dividends
Shareholders of Dangote Cement on Monday were full of praise for the Board, Management, and staff of the company after approving a…
NNPCL Adjusts Petrol Price From N910 To N945 In Abuja
The Nigerian National Petroleum Company Limited (NNPCL) has increased prices of fuel from N910 to N945 in Abuja.
It also adjusted its petrol pump price from N870 to N915 per litre at several of its Lagos retail outlets.…
Fred Smith, Who Transformed Parcel Delivery by Founding FedEx, Dies at 80
Fred Smith, the founder and executive chairman of FedEx Corporation, has passed away, News.Az reports citing the WREG Memphis.
Smith died on Saturday, sources confirmed to WREG. He was 80…
Marketers raise petrol price to N955/litre
MRS filling stations, one of the key oil marketing firms in the downstream, have raised the pump price of Premium Motor Spirit (petrol) to N925/litre in Lagos, from N885/litre as crude oil prices have maintained their…
SEC prohibits independent directors from becoming CEO, limits chairmanship to 4 years
The Securities and Exchange Commission (SEC) has barred independent non-executive directors (INEDs) from taking up executive roles, including that of chief executive officer (CEO), within the same company or group…
Report any bank charging you for USSD service – Telcos tell subscribers
Gbenga Adebayo, chairman of the Association of Licensed Telecoms Operators of Nigeria (ALTON), has asked customers to report any bank that charges for USSD…
REA PARTNERS WITH FCMB TO LAUNCH ₦100 BILLION FINANCING FACILITY TO ACCELERATE ELECTRICITY ACCESS…
In a landmark move to bolster electricity access for millions of Nigerians, the Rural Electrification Agency (REA) and First City Monument Bank (FCMB) have on Thursday…
Trump policies: Over 14% decline in tourism to costs U.S. $21 billion
Statistics by the United States Travel Association have revealed that the country may lose an estimated $21 billion in travel-related exports…
Aliko Dangote Foundation Distributes 40,000 bags of rice to People Living with Disabilities,…
In furtherance of its National Food Intervention programme, the Aliko Dangote Foundation has commenced the distribution of…
USSD debt: Telcos recover N170bn from banks
The long-term dispute between telecommunications operators and commercial banks over unpaid Unstructured Supplementary Service Data fees appears to be drawing to a close, as telecom companies confirm the recovery of…
Marketers to engage Dangote on fuel distribution plan
Members of the Major Energies Marketers Association of Nigeria say they will discuss with the Dangote Petroleum Refinery to fully understand the implementation of its plan to supply directly to filling stations…
Marketers consult foreign traders for cheaper fuel imports
Oil marketers say they have commenced negotiations with international traders to import cheaper Premium Motor Spirit (petrol) into Nigeria to remain competitive in the business.
This is even as the Independent Petroleum…
SEC warns against Zugacoin and Samzuga GPT, says they are not licensed in Nigeria
The Securities and Exchange Commission (SEC) has issued a stern warning regarding two cryptocurrency products—Zugacoin and Samzuga GPT—stating that they are not licensed to operate within Nigeria’s financial market.
In…