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DSS Grills Central Bank Deputy Governors In Abuja
The Department of State Services (DSS) on Monday interrogated the…
NNPC makes zero FAAC remittance again as subsidy payments hit N3.3trn in 11 months
The Nigerian National Petroleum Company (NNPC) Limited says it deducted…
Dirty, old naira notes flood ATMs 2 weeks to deadline
Despite orders from the Central Bank of Nigeria (CBN) for commercial banks to load their Automated Teller Machines (ATMs) with new naira notes, dirty, old and mouldy currency notes keep coming out of the…
How Chief Of Defence Staff, Irabor Meddled In DSS Investigation, Shielded Central Bank Governor,…
The Chief of Defence Staff, Gen Lucky Irabor, on Monday deployed military personnel…
CBN: DSS to quiz bank CEOs over FX allocations since 2017
The Department of State Services (DSS) has opened wide-ranging investigations into…
Emefiele expected to resign
Godwin Emefiele, governor of Central Bank of Nigeria (CBN), who has been accused of funding…
Emefiele: I’m Surprised Buhari Hasn’t Called DSS To Order – Falana
A human rights activist, Femi Falana, says he is surprised President Muhammadu Buhari has not reined in Department of State Services (DSS) on the terrorism financing allegation levelled against the Governor of…
BREAKING: Emefiele resumes duty ahead of MPC meeting
The Central Bank of Nigeria (CBN) says Godwin Emefiele, its…
Nigeria’s inflation falls first time in 11 months
…drops to 21.34% Nigeria’s inflation rate eased for the first time in 11 months to 21.34 per cent. The country’s inflation rate had risen for 10 consecutive months, up to November 2022, when it reached…
With new ISO certifications, Africa Prudential commits to excellence
In recognition of its operational, management and…
The iPhone will be irrelevant one day. We already know how it will happen.
The iPhone — with iOS and the App Store — has maintained such a dominant…
Starlink is now in Nigeria but for only those earning dollars
The much-anticipated operation of Space X’s Starlink in Nigeria has commenced, as Nigerians…
Musk Faces Fraud Trial Over Tesla Tweet
Elon Musk, the CEO of electric car giant Tesla, will face trial on Tuesday over allegedly manipulating the stock market with a tweet after a federal judge rejected his request to move the case out…
Subomi Balogun: Steady Steps Towards 90
Nigeria’s leading banker, stockbroker, lawyer and philanthropist, Chief Micheal Olasubomi Balogun, was born on March 9, 1934, in Ijebu-Ode, Ogun State to Muslim parents. Balogun would later embrace…
Non-oil Exports Revenue Increased by 40% to $4.82bn in 2022 – NEPC
The Nigerian Export Promotion Council (NEPC) has said Nigeria recorded non-oil export earnings of $4.82 billion in 2022, an increase of over 39 per centIts Executive Director/Chief Executive Officer (CEO),…
MTN Group ‘strongly disputes’ $773m tax bill, penalties in Ghana
MTN Group, Africa’s largest telecommunications provider, says it “strongly disputes” the $773 million back-tax bill, penalties and interest charges received by its subsidiary in Ghana. The company, in a statement on Friday,…
Confusion Over Emefiele’s Whereabouts
The absence of Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), was not known by many until he failed to appear before the House of Representatives which summoned him over some policies of…
We’ll Sanction Banks Hoarding New Notes – CBN
Central Bank of Nigeria (CBN) has vowed to sanction any commercial bank hoarding the new naira notes from the public. The apex bank said that from Thursday (today), it would commence the monitoring of…
Nigeria’s box office raked in N6.94bn last year — 46% higher than in 2021
The Cinema Exhibitors Association of Nigeria (CEAN) says it generated N6.94 billion in revenue for 2022. NAN reports that Opeyemi Ajayi, the association’s national president, revealed the figure during…
‘You Can’t Continue To Run CBN From Overseas’ — Pressure Mounts On Emefiele To Resign
– As Youths Threaten ‘Mass Action’…
Customs debunks 10% tariff hike on imported used vehicle
The Nigeria Customs Service (NCS) has debunked the allegation raised by the Association of Motor Dealers of Nigeria that it increased import duty to 10 per cent on imported used vehicles in the country.…