Business

CBN Goes Digital, Demands Quarterly Fiscal Data From States, 774 LGs

  The Central Bank of Nigeria (CBN) has commenced the digitalisation of fiscal data collection across the 36 states, the Federal Capital Territory (FCT) and...
Akeem Adebayo -
Business

Nigerian-American Businessman Seeks Tinubu’s Intervention in Alleged $4m Fraud Case

A Nigerian-American businessman, Badetito Obafemi, has appealed to President Bola Tinubu and the Economic and Financial Crimes Commission (EFCC) to intervene in an alleged...
Daniel Ehiagwina -
Business

Tinubu Says Nigeria Is Moving From Economic Stability to Prosperity

President Bola Tinubu has said his administration is working to move Nigeria from economic stability to prosperity, identifying local production, industrial expansion and stronger...
Udehi Alambo -
Business

CBN Sets ₦15bn Capital Requirement for Dollar Stablecoin Issuers

The Central Bank of Nigeria (CBN) has introduced a minimum paid-up capital requirement of ₦15 billion for companies seeking to issue foreign currency-backed stablecoins,...
Akeem Adebayo -
Business

Nigeria Leads Africa’s $2bn Push to Turn Creative Talent Into Global Wealth

Nigeria is leading a renewed push to transform Africa’s creative industries into major sources of investment, employment and wealth creation, as the African Export-Import...
Akeem Adebayo -
Business

World Bank raises alarm as debt servicing threatens Nigeria’s development

  …Warns rising repayments could starve hospitals, schools, roads of funds …Developing nations’ external debt hits record $9.4trn   The World Bank has warned that Nigeria and other...
Akeem Adebayo -
Business

TUC Rejects N70,000 Transport Allowance, Demands Permanent Salary Increase

The Trade Union Congress of Nigeria (TUC) has rejected the Federal Government’s proposed N70,000 transport allowance for workers, demanding that the amount be permanently...
Shehu Danladi -
Business

NEDC Plans 10,000 Electric Tricycles, 300 Taxis for North-East

The North East Development Commission (NEDC) has unveiled plans to introduce 10,000 electric tricycles, 300 electric taxis and 30 electric buses across the North-East...
Shehu Danladi -
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Energy

NUPRC Screens 28 Wells in Rivers Gas Seepage Probe, Flags Three High-Risk

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has screened 28 oil and gas wells around reported gas seepage sites...
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Politics

Wike Knocks Obi Over National Anthem, Says He Wants to Divide Nigeria

  The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has taken a swipe at former Labour Party presidential...
Energy

Senate Warns Petroleum Sector Nominees Against Sabotage, Corruption

The Senate has warned seven nominees for executive positions in Nigeria’s midstream and downstream petroleum sector against corruption, administrative...

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Energy

NUPRC Screens 28 Wells in Rivers Gas Seepage Probe, Flags Three High-Risk

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has screened...
Politics

Wike Knocks Obi Over National Anthem, Says He Wants to Divide Nigeria

  The Minister of the Federal Capital Territory (FCT), Nyesom...
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FG, NBA Move to Strengthen Laws Protecting Women, Children

  The Federal Government and the Nigerian Bar Association (NBA)...
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  The Federal Government has commenced moves to decriminalise attempted...
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