Business

NCC Orders Telcos To Disconnect Nine Banks Over USSD Debt

Due to a backlog of unpaid debts, the Nigerian Communications Commission (NCC) has instructed telecommunications companies to disconnect the Unstructured Supplementary Service Data (USSD)...

Otedola Vs Obaigbena: Crude Oil Cargo Owned By General Hydrocarbons Arrested

The legal dispute between Femi Otedola’s First Bank and Nduka Obaigbena’s General Hydrocarbons Limited has escalated. In the latest development, the Federal High Court in...

CBN Sanctions Banks For Failing To Dispense Cash Via ATMs

The Central Bank of Nigeria (CBN) has issued a strong warning against disruptions in cash flow, sanctioning Deposit Money Banks (DMBs) for failing to...

Petrol Price Set To Increase As Depot Owners Raise Price

The price of Premium Motor Spirit (PMS), commonly known as petrol, is expected to rise as depot owners have raised prices by approximately 4.74%. This...

Court Blocks Nduka Obaigbena’s Accounts Over $225.8 Million First Bank Debt

The Federal High Court in Ikoyi, Lagos, has issued an order prohibiting all commercial banks in Nigeria from releasing or handling any funds or...

FG Approves Telcos’ Tariff Increase

Dr. Bosun Tijani, the Minister of Communications, Innovation, and Digital Economy, has announced that telecom tariffs will soon rise, but assured Nigerians that the...
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