Business

Naira Gains Across Foreign Exchange Markets

On Monday, the Nigerian naira gained N5.72 in value across foreign exchange markets. Data from the Central Bank of Nigeria (CBN) showed the dollar trading...

Court Delivers Ruling On MultiChoice’s Suit Against FCCPC

Justice James Omotosho of the Federal High Court in Abuja has dismissed a lawsuit filed by MultiChoice Nigeria, the operators of DStv and GOtv. The...

Dangote Reveals Those Frustrating His Refinery

Aliko Dangote, President of Dangote Group, has stated that those still opposing the success of his refinery are primarily major marketers and traders, not...

Banks To Increase SMS Transaction Alert Fee By 50% Starting May 1st

Starting tomorrow, bank customers will incur a charge of N6 for each SMS transaction alert they receive. This represents a 50% increase from the previous...

Top NNPC Officials Sacked

The Nigerian National Petroleum Company Limited (NNPC Ltd) has dismissed the managing directors of its three state-owned refineries, the Port Harcourt Refining Company Limited...

CAC Issues Ultimatum For Registration Of Unregistered Businesses

The Corporate Affairs Commission (CAC) has given a six-week ultimatum for unregistered businesses to formalize their registration with the Commission. In a public notice issued...
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China To Establish Electric Vehicle Factories In Nigeria

The Chinese Ambassador to Nigeria emphasized the need for...

Federal High Court Chief Judge Redeploys Judges

The Chief Judge of the Federal High Court (FHC),...