Tech
NCC Targets Nine Banks in N200bn USSD Debt Showdown
The Nigerian Communications Commission (NCC) has issued a stern directive to telecommunications operators to cut off Unstructured Supplementary Service Data (USSD) codes linked to...
Business
December Spending: Nigeria’s Inflation Hits Record 34.80%
Nigeria’s inflation rate has surged to a staggering 34.80% in December 2024, setting a record high that continues to strain households across the country....
Business
CBN Imposes ₦1.35bn Fine on Nine Banks Over ATM Failures During Festive Season
The Central Bank of Nigeria (CBN) has made a bold statement by imposing a hefty ₦1.35 billion fine on nine major Deposit Money Banks...
Business
FirstBank Blasts Oil Company for Loan Breach, $225m Diversion
First Bank of Nigeria Limited has launched a fierce legal battle against General Hydrocarbons Limited (GHL), accusing the company, owned by prominent Nigerian businessman...
Business
Tax Deadline Looms: Lagos Employers Face January 31 Ultimatum
Employers in Lagos State have been handed a firm January 31 deadline to file their 2024 annual tax returns, the Lagos State Internal Revenue...
News
Telcos Set to Suspend USSD Services After Banks Fail to Settle N250B Debt
Telecommunications companies in Nigeria are preparing to suspend their Unstructured Supplementary Service Data (USSD) services in just two weeks, following the failure of deposit...
News
Stock Market Surge: N792bn Added to NGX as Key Equities Drive Growth
The Nigerian Stock Exchange (NGX) continued its bullish start to the year, adding N792 billion to its market capitalisation on Thursday, January 9, 2025....
Business
Fuel Subsidy Removal: Tinubu’s Bold Step Paying Off – Aide
The removal of fuel subsidies by President Bola Ahmed Tinubu’s administration is starting to yield positive results, according to Abdullahi Tanko Yakasai, Senior Special...