Business
No Expiry Date for Old 1000, 500, 200 Naira Notes – CBN Assures Nigerians
The Central Bank of Nigeria (CBN) has reassured Nigerians that all denominations of Naira banknotes, both old and new designs, will remain valid indefinitely. In...
Business
Central Bank To Fine Banks N150m For Selling New Naira Notes
The Central Bank of Nigeria (CBN) has issued a stern warning to commercial banks over the illegal sale of mint naira notes. In a circular...
Business
$1.28bn Deal: Seplat to Revive 400 Idle Oil Wells
Seplat Energy Plc is embarking on a major initiative to revive hundreds of idle oil wells in Nigeria after finalizing its $1.28 billion purchase...
Business
Polaris Bank, Niger State Take Tax Clearance Dispute To Court
Polaris Bank has raised a strong defense in a criminal case filed against its Managing Director, Omokayode Lawal, by the Niger State Internal Revenue...
Business
Minister Orders Occupiers of FG Lands, Houses in Lagos to Pay Ground Rent
The Minister of Housing and Urban Development, Mr. Ahmed Dangiwa, has announced that occupiers of Federal Government’s lands and houses in Lagos must now...
Business
Small Business Agency Rolls Out Plan to Convert 100,000 Vehicles to CNG
In a groundbreaking move aimed at supporting Small and Medium Enterprises (SMEs), the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has launched...
Business
World’s Richest Person: Elon Musk’s Net Worth Surpasses $400 Billion
Elon Musk, the billionaire founder and owner of companies like Tesla, SpaceX, and social media platform X, has reached an astonishing financial milestone, with...
Business
Firm Loses N60 Million in 10-Day Blackout, Demands Compensation
A Kaduna-based firm, RH Plastic, has accused Kaduna Electric of failing to supply stable electricity, leading to significant financial losses during a 10-day blackout...