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UK authorities dissolve Peter Obi’s company, Next International
For failing to submit its annual accounts, authorities in the United Kingdom, UK, have struck off Next…
iOS app developers earn $320bn in 14 years – Apple
American multinational technology company, Apple Inc., has disclosed that app developers earned over $320 billion as income on their apps in the last 14 years. It said the app developers are those on…
Give us our money! Depositors tackle banks over currency withdrawal limit
As Deposit Money Banks (DMBs) begin full implementation of the cash withdrawal limit recently mandated by the Central Bank of Nigeria (CBN), customers appear not to be finding the development funny…
FCMB Pensions appoints new executive director
FCMB Pensions Limited has announced the appointment of Osarhieme Osaghae as its new executive director. The appointment was disclosed in a statement the company issued. Osaghae is the current…
FastCash Offers up to N200,000 in Loans for School Fees Payment in Five Minutes
Without hassles, Nigerians can now meet emergency financial obligations, pay children's school fees and rent by accessing…
Customs hike imported vehicle duty, agents protest
Freight forwarders have said there may be congestion of imported vehicles at the nation’s seaports following the Nigeria Customs Service’s decision to raise duty on imported vehicles by 10 per cent, The…
Banks Only Authorised to Dispense New Banknotes via ATMs – CBN Clarifies
The Central Bank of Nigeria (CBN), yesterday, clarified that for now, banks were only authorised to dispense the new N200, N500 and N1, 000 banknotes through Automated Teller Machines (ATMs). The apex…
Oil production hits nine-month high
The Nigerian Upstream Petroleum Regulatory Commission, on Sunday, revealed that crude oil production in Nigeria rose to 1.235 million barrels per day in December 2022, representing the highest…
HEDA Backs Demand By Nigerian Petroleum Regulatory Agency, NUPRC For Operators To Disclose Names Of…
The Human and Environmental Development Agenda (HEDA Resource Centre) on Sunday backed the Nigerian…
Immigration, NCoS Get N500m Each From BUA
The Nigeria Immigration Service (NIS) and the Nigerian Correctional Service (NCoS) have been awarded N500 million each by the Abdul Samad Rabiu Initiative for Africa (ASR Africa) Security Sector…
Naira cards shut down rattles traveling bank customers
Nigerians will not be able to use their Naira debit cards for international transactions as…
Should Nigerians brace up for recession in 2023?
Barely few days into the New Year, the warning by the head honcho of the International Monetary Fund (IMF), Kristalina Georgieva that at least one-third of the global economy may slip into…
CBN bans over-the-counter withdrawal of new notes
The Central Bank of Nigeria has ordered Deposit Money Banks not to pay customers making over-the-counter withdrawals of new naira notes again. Instead, the apex bank directed the banks to load their…
Why new Naira notes produce ink marks on surfaces, by Minting Firm
Managing Director/Chief Executive of the Nigerian Security Printing and Minting (NSPM) Plc, Ahmed Halilu, has said the new naira notes “leave traces of intaglio inks when rubbed on plain white…
BREAKING: NFIU bans cash withdrawals from govt accounts
The Nigeria Financial Intelligence Unit has banned cash withdrawals from accounts belonging to the Federal Government, all its agencies, and also state and local governments. This, the NFIU said, would…
‘$600 for hardware, subscription at $43’ — Elon Musk’s Starlink begins preorder sales in Nigeria
Elon Musk’s Starlink, a satellite internet service, has…
Betting Firm Calls For Calm Following Huge Winnings, Withdrawal Panic
Stakers, customers and clients of popular betting site in Nigeria, 22Bet, have been assured not to panic about withdrawing their winnings. The company said the assurance became imperative in…
17 Days After Release: Scarcity Of New Naira Notes Worries Nigerians
Seventeen days after the release of the redesigned N200, N500 and N1, 000 banknotes by the Central Bank of Nigeria (CBN), millions of Nigerians have not physically seen or transacted…