Business
POS Operator Arrested for Stealing N465,000 from Employer in Lagos
An 18-year-old Point of Sale (POS) operator, Okebunmi Beatrice Wemimo, has been arrested in Lagos for allegedly embezzling N465,000 entrusted to her by her...
Business
FG Sues Seplat Over Alleged $37.5m Tax Evasion Scheme
Seplat Petroleum, one of Nigeria’s prominent oil and gas companies, has landed in serious legal trouble after the Federal Government filed charges accusing the...
Business
Dangote Refinery Shaking Global Markets – OPEC
The Organisation of the Petroleum Exporting Countries (OPEC) has revealed that the emergence of the Dangote Petroleum Refinery in Nigeria is reshaping the global...
Business
Naira Plummets to N1,670/$ in Parallel
Nigeria’s currency, the naira, suffered a blow yesterday as it dropped to N1,670 per dollar in the parallel market, down from N1,660 the previous...
Business
Death Toll at South African Illegal Mine Rises to 78
The illegal gold mining crisis in Stilfontein, South Africa, has taken a grim turn as the death toll climbed to 78 on Wednesday. The...
Business
We Remitted N10 Trillion – NNPCL CEO Kyari Tells National Assembly
In a move that left lawmakers astounded, the Nigerian National Petroleum Company Limited (NNPCL) revealed it remitted a staggering N10 trillion into the Federation...
Business
FirstBank Clears the Air on Dispute With Obaigbena’s GHL
FirstBank of Nigeria Limited has issued a formal statement to counter misleading reports regarding its ongoing legal battle with General Hydrocarbons Limited (GHL), an...
Business
I Won’t Help This Government – Emir Sanusi Declines to Offer Economic Advice To Tinubu
In a bold statement that is sure to reverberate across Nigeria’s political and economic landscape, the Emir of Kano, Muhammadu Sanusi II, has publicly...