News

Here are the seven top business news you need to track this week — July 3 to July 7. DBN TECHPRENEUR SUMMIT The Development Bank of Nigeria (DBN) will, on July 4, 2023, hold its […]

The Lagos chapter of the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN), has announced a new price list for PoS transactions in the state. In an interview on Channels Television on Friday, […]

By Busola Aro Elon Musk, the billionaire founder of Tesla Inc., says a temporary limit has been made to the number of posts users can read daily on Twitter. The move seeks to tackle issues […]

From tomorrow, July 3, 2023, the Central Bank of Nigeria (CBN) will begin quote offers for naira-settled OTC FX Futures (NSOFF) contracts with tenors between 13 and 60 months until June 28, 2024. The apex […]

Former spokesman of the Nigerian Army, Maj. Gen. Jimmy Akpor, has been appointed Chief of Defence Administration in a fresh shakeup in the army that is expected to take effect from July 3, 2023. Army […]

The World Bank has unveiled plans to commit additional $750m to deepen access to electricity through the Nigeria Electrification Project (NEP).World Bank’s Director of Strategy and Operations for Western Central African Region, Ms Elizabeth Huybens, […]

The National Agency for Food and Drug Administration and Control (NAFDAC) has warned the public of a batch of “unwholesome” Sprite 50cl drink circulating in Nigeria. In a statement on Wednesday, the agency said the […]

The Ebonyi Government has declared Saturday, July 1, as sanitation day throughout the state to mobilise residents of the state to clean the environment. This is contained in a statement signed by Mr Victor Chukwu, […]

A business tycoon who is also a chieftain of the ruling All Progressives Congress (APC), Tein Jack-Rich has refuted online publications, claiming that he (Jack-Rich) has made a N500 million bribe for a ministerial slot […]

The Nigerian Navy (NN) has redeployed top officers in a fresh shakeup by the new boss, Ikechukwu Ogalla. The reshuffled appointments of top senior officers comprised 56 rear admirals (Major General equivalent) and a Commodore […]

Ex-spokesperson of the Senate, Dr. Ajibola Basiru said he did not see any seat that was said to be reserved for Governor Ademola Adeleke at at the Eid praying ground in Osogbo, Osun state. The […]

One Supreme Court justice explained her absence from a case. One justice didn’t. The difference shows how difficult forging consensus over even small steps on ethics can be at the Supreme Court, which is facing […]

The World Bank says Nigeria’s government will save a total of N11 trillion from the recent petrol subsidy removal policy. However, the financial body said more people would be pushed into poverty in Nigeria if […]

The naira, on Tuesday, appreciated by 0.67 percent to N763 to a dollar at the investors and exporters (I&E) window. Figures from the FMDQ Securities Exchange, a platform that oversees foreign exchange trading in Nigeria, […]

The Federal Government has started the issuance of Proof of Ownership Certificate (POC) for all categories of registered vehicles nationwide. Unveiling the new policy at the Bagauda Kaltho Press Centre in Alausa, Ikeja, the Permanent […]

Some Nigerian pastors have expressed mixed reactions on whether the use of ‘Aboru Aboye’ in the viral song by popular gospel singer, Tope Alabi, is proper in a gospel song. While some of the pastors […]

The World Bank says removal of subsidy on premium motor spirit (PMS) could push as many as 7.1 million Nigerians into poverty unless adequate palliatives are extended to poor and most vulnerable individuals. Even with […]