The Securities and Exchange Commission (SEC) has announced plans to delist naira from all peer-to-peer (P2P) platforms. This was disclosed by Emomotimi Agama, SEC acting director general (DG), during a virtual meeting with Blockchain Industry […]
The naira depreciated further to N1,430 at the parallel section of the foreign exchange (FX) market on Monday. The FX rate represents a 4.38 percent drop from N1,370 traded on May 1. Speaking to TheCable […]
Siminialayi Fubara, governor of Rivers, says the existence of members of the state house of assembly is based on his recognition. Fubara spoke on Monday when some political and traditional leaders from Bayelsa state visited […]
The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to implement a 0.5 percent cybersecurity levy on electronic transfers. This is contained in a circular signed by Chibuzor Efobi, director of […]
(Published in the Nigerian Tribune on Monday, 12 February, 2024) The last premier of the Western Region, Chief Samuel Ladoke Akintola, asked his guest what the town was saying. The guest told him the town […]
SpaceX is trying to entice more users to try out Starlink with a new “$1 for 30 days” trial. The company normally charges $599 upfront for first-time subscribers, which includes the new “V4” dish and […]
Access Holdings Plc took a big advantage of its aggressive offshore expansion to build a balance sheet of N26.7 trillion in 2023 — the biggest asset expansion the bank holding company has seen in many […]
Cubana Chief Priest, the nightlife promoter, has arrived at the federal high court, Ikoyi, Lagos, for the continuation of his “naira abuse” trial. On April 16, the Economic and Financial Crimes Commission (EFCC) filed a […]
The Nigerian Electricity Regulatory Commission on Monday released an order on the Deregulation of Meter Prices for meters deployed under the Meter Asset Provider Scheme. It said the prices of meters were deregulated after Meter […]
The Joint Admissions and Matriculation Board, on Monday, released the results of the 2024 Unified Tertiary Matriculation Examination, showing that 1,402,490 candidates out of 1,842,464 failed to score 200 out of 400 marks. The number […]
The Nigerian National Petroleum Company Limited on Monday began offloading 240 million litres of Premium Motor Spirit, otherwise called petrol, as it stepped up efforts to tackle the worsening nationwide petrol scarcity. As the NNPCL […]
Segun Showunmi, a chieftain of the Peoples Democratic Party (PDP), says President Bola Tinubu has “betrayed” some leaders of the All Progressives Congress (APC) who supported him during the 2023 elections. In a statement issued […]
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) says it does not have access to petroleum products. Queues resurfaced in fuel stations amid petrol scarcity, which led to an increase in transport costs. […]
A competition and consumer protection tribunal (CCPT) in Abuja has stopped Multi-Choice Nigeria Limited from increasing its tariffs and cost of products and services scheduled to begin on May 1. A three-member tribunal led by […]
The Nigerian Electricity Regulatory Commission (NERC) has announced the deregulation of meter prices under the meter asset provider (MAP) scheme for end-user customers. This is contained in a circular issued by the commission on Monday. […]
ZENITH BANK HOLDCO STRUCTURE TRANSITION APPROVED BY SHAREHOLDERS Shareholders of Zenith Bank Plc unanimously approved the restructuring of the Bank to a holding company during a court-ordered Extraordinary General Meeting (EGM) held virtually from Zenith […]
UNDER the radar for a lengthy period after its conception, the Lagos-Calabar Coastal Highway is finally taking off under a storm of controversy. A 700-kilometre turnpike infrastructure, the project has attracted commendation and condemnation in […]
Philip Shaibu, the recently impeached Deputy Governor of Edo State, was the 19th occupant of that position removed from office through impeachment since May 29, 1999. They were all sacked at the pleasure of their […]
Arsenal manager, Mikel Arteta, has provided two reasons for the team’s dip in performances. The Gunners began 2024 on a brilliant note, winning 11 matches and drawing one, before back-to-back losses. Arteta’s men lost 2-0 […]
The International Monetary Fund (IMF) has explained why it advised Nigeria to remove fuel subsidies, adding that the subsidy regime was robbing the poor for the rich. The Director of the African Department of the […]
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