Business

CBN Sets New Daily Transaction Limit For PoS Agents And Individual Customers

The Central Bank of Nigeria (CBN) has released a new set of guidelines to regulate agent banking operations, capping daily cash-out transactions for Point...

Why Cooking Gas Price Is Increasing – NNPC GCEO

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Mr. Bayo Ojulari, has explained that the recent increase in cooking...

Sterling Bank Scraps Account Maintenance Fees

Sterling Bank has announced the removal of account maintenance fees on all personal accounts, describing the move as a “gift” to Nigerians as the...

FIRS Reveals VAT-Free Items Under Tinubu’s Tax Reform

The Federal Inland Revenue Service (FIRS) has announced that items such as food, education, transport, and agriculture are now exempt from Value-Added Tax (VAT)...

Forbes Ranks Naira As Ninth Weakest Currency In Africa [FULL LIST]

The Nigerian Naira has been ranked as the ninth weakest currency in Africa, according to a Forbes currency calculator report for September 2025. This ranking...

Dangote Refinery Reacts To Reports Of Sacking Nigerian Workers

The management of Dangote Petroleum Refinery and Petrochemicals has embarked on a "sweeping reorganisation of its operations and workforce." The refinery said it took the...
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Dangote Refinery Slashes Petrol Price To N699 Per Litre

The Dangote Petroleum Refinery has announced another reduction in...

Court Sends Ngige To Kuje Prison

The former Minister of Labour and Employment, Chris Ngige,...

FG Announces Tax ID As Mandatory Requirement To Operate Bank Accounts From January 2026

The Federal Government has announced that, effective January 1,...