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NNPC increases petrol price to N965 in Lagos, N990 in Abuja
FG okays licence for 10,000bpd refinery in Delta The Nigerian National Petroleum Company (NNPC) Limited, through its retail outlets, yesterday increased the price of petrol from N965 to N990 per litre in the…
Binance executive arrested by FG tipped for high-profile U.S. govt post under Trump
Tigran Gambaryan, a Binance executive and former federal agent, is reportedly being considered for a prominent role in the U.S. government under the incoming Trump administration. Gambaryan, who served as Binance’s…
SERAP gives Tinubu 48 hours to reverse 50% tariff hike
The Socio-Economic Rights and Accountability Project (SERAP) has given President Bola Tinubu 48 hours to reverse the recent 50% telcos tariff hike. SERAP, in a statement, said failure to do so by the Tinubu…
Fraud: World Bank Sanctions Two Nigerian Companies, CEO
The World Bank Group has issued a 30-month ban on two Nigerian firms alongside their Managing Director and Chief Executive Officer. The firms are Viva Atlantic Limited and Technology House Limited with Mr Norman…
50% Tariff Hike: Nigerians May Spend ₦6.74 Trillion On Calls
The Nigerian Communications Commission approved a 50 per cent increase in call tariffs on Monday, which may raise the average cost of…
Court condemns media trial, denies EFCC arrest warrant request; says Otudeko, others not properly…
Justice Chukwujekwu Aneke, sitting at the Federal High Court in Ikoyi Lagos denied a request by EFCC to…
Dangote Petroleum Refinery Awards Scholarships to 473 Students
... Donates Furniture, Educational Materials to Host Communities Joy and elation enveloped the Idotun Community…
BREAKING: NCC approves telcos request for tariff increase, caps hike at 50%
The Nigerian Communications Commission (NCC) has approved the request of telecommunications companies to raise tariff. According to Reuben Mouka, spokeman of the commission, the approval was granted In pursuant to its power…
Lagos generated $71.6m during Detty December – Sanwo-Olu’s aide
Lagos State once again proved why it is the tourism and entertainment capital of Africa with an extraordinary December 2024 season as it generated over $71.6 million in revenue across tourism, hospitality, and…
JUST IN: Drama As Otudeko’s Counsel Protests Alleged ₦12.3 Billion Fraud Case In Court
There was a mild drama at the Federal High Court in Lagos on Monday after the legal counsel for the Chairman of the Honeywell Group, Oba Otudeko,…
Our Biggest Problem With FX Is Not Liquidity – Oyedele
Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has said illicit demands constitute the biggest pressure on the foreign exchange market. He disclosed this at The Platform…
Arik Air shareholders tackle AMCON over N455bn debt claim
The shareholders of Arik Air, an indigenous airline currently under the control of the Asset Management Corporation of Nigeria, have debunked claims that the debt accruable to the airline’s owner, Johnson Arumem-Ikhide,…
Tariff Hike: Telcom Subscribers Reject Minister’s 60% Proposal
The Association of Telephone, Cable TV, and Internet Subscribers of Nigeria has rejected the proposed telecom tariff hike of…
Bisi Onasanya denies involvement in ‘N12bn loan fraud’ at First Bank
Bisi Onasanya, former group managing director (MD) of First Bank of Nigeria (FBN) Limited, has denied involvement in the…
Dangote Refinery Blames Petrol Price Hike On Rising Global Crude Oil Prices, Vows N970/Litre Retail…
The Dangote Petroleum Refinery has said that the recent increase in the pump price of Premium Motor Spirit (PMS), popularly known as petrol, is…
Trump wants 50% U.S. ownership of TikTok
U.S. President-elect Donald Trump on Sunday told his supporters that he wants Chinese-owned short-form video app TikTok to be at least 50 per cent owned by U.S. investors. On the eve of his swearing-in, Trump told a…
PFAs Exposure in FGN Bond, Stock Market Rises to N15.96tn in 11 Months
The exposure of the Pension Fund Administration’s (PFAs) in federal government’s securities and the domestic stock market soared to N15.96 trillion in 11 months of 2024, due to the attractive returns and…
Tax bills will be passed in Q1, implementation to commence in July – Taiwo Oyedele
Taiwo Oyedele, chairman of the presidential committee on tax policy and fiscal reforms, says the tax reform bills will be…
JUST IN: Bisi Onasanya, ex FirstBank MD flees Nigeria
Bisi Onasanya, the embattled former Managing Director of FirstBank has followed in the steps of Oba Otudeko, the…
FG will overhaul free zones operations to clampdown on misuse – Oduwole
The federal government says there are plans to overhaul and modernise the operations of free trade zones in the country by tightening regulations to combat…
MTN Raises N42.20bn Through Commercial Paper
MTN Nigeria Communications PLC has successfully raised N42.20 billion through its Series 15 and 16 Commercial Paper (CP) issuance under the company’s N250 billion Commercial Paper Issuance Programme. The funds, issued…
Bitcoin Above $100k As Trump Reportedly Plans Crypto Push
U.S. President-elect Donald Trump is preparing to sign an executive order making cryptocurrency a national policy priority and granting industry leaders a…
First Bank Urges Court Not To Unfreeze GHL Accounts
As the controversies over the $225.8 million owed First Bank of Nigeria Limited by General Hydrocarbons Limited (GHL) rage on, the lender has urged the…
Lift freezing orders irregularly obtained by First Bank – GHL, others tell court
General Hydrocarbons Limited has urged the Federal High Court in Lagos to discharge the order freezing the assets and accounts of General Hydrocarbons…