Business
Unfounded: First Bank Denies N7 Billion Fraud Allegations
First Bank of Nigeria has strongly dismissed recent allegations of a N7 billion fraud, calling the claims "entirely unfounded" and without any factual basis. The...
Business
Mixed Reactions as FG’s N20bn Auto Finance Scheme Takes Off
The Federal Government has launched a new N20 billion auto finance scheme, aimed at providing single-digit loans to citizens seeking to purchase locally assembled...
News
Nigeria’s Inflation Soars to 34.6% in November 2024 Amid Rising Costs
Nigeria’s inflation rate has climbed to an alarming 34.6% in November 2024, marking a continued rise in living costs across the country. This marks a...
Business
Niger Delta: Oil Spill At Prominent Shell Petroleum Terminal Raises Concerns
An oil spill has been reported at the Shell Petroleum Development Company (SPDC) loading terminal in Bonny, Rivers State, causing serious concerns for local...
Business
CBN Cracks Down on Banks Hoarding Cash for VIPs
The Central Bank of Nigeria (CBN) has uncovered alarming reports of preferential treatment for VIP customers at commercial banks, leading to severe cash shortages...
Business
Businessman Takes FCMB to Court Over Failed Transaction
A Lagos High Court has fixed February 6, 2025, for a Case Management Conference (CMC) in a lawsuit filed by businessman Michael Ogbole against...
Business
Ex-TotalEnergies Staff Alleges Judicial Delay in Appeal Against Termination
A former employee of TotalEnergies, Mrs. Oghenero Ozobeme, has raised serious allegations against the oil giant, accusing the company of manipulating legal procedures to...
Business
Port Tensions Rise Over NPA’s Plan to Cancel Cargo Survey Contracts
There is growing unrest in Nigeria’s maritime sector following plans by the Nigerian Ports Authority (NPA) to cancel long-standing cargo survey contracts awarded in...