Business
Zenith Bank Apologises for 48-Hours Service Disruption
Zenith Bank has restored its banking services after a major disruption that lasted over 48 hours. The bank, one of Nigeria’s largest financial institutions,...
Business
Naira Strengthens Against Dollar as FX Supply Rises
The naira has shown signs of recovery against the dollar, appreciating in value at the official foreign exchange market on Thursday. This change follows a...
Business
NPA Takes Charge of Crude Oil Sales to Dangote Refinery
The Nigerian Ports Authority (NPA) has announced the start of its coordination efforts for the sale of crude oil to Dangote Refinery. This move comes...
Business
CBN Unveils New Electronic Forex System to Combat Speculation
The Central Bank of Nigeria (CBN) has announced the introduction of a new system designed to enhance transparency in the foreign exchange market. This system,...
Business
Sweeping Reforms: Tinubu Proposes New Tax Laws, Renames FIRS
President Bola Tinubu has taken a major step towards overhauling Nigeria’s tax system. He has sent four tax reform bills to the National Assembly,...
Business
FG Removes VAT on Diesel, Cooking Gas
The Federal Government has announced the removal of Value Added Tax (VAT) on diesel and cooking gas. This decision was revealed by Wale Edun, the...
Business
CBN Raises Alarm: 93% of Nigeria’s Currency Outside Banks
The Central Bank of Nigeria (CBN) has revealed that currency in circulation has reached a historic N4.1 trillion as of August 2024. A staggering 93.34%...
Business
Emirates Airlines Resumes Nigeria Operations After Two-Year Hiatus
Emirates Airlines has officially resumed its flight operations to Nigeria. The airline's first flight since 2022, EK 783, landed at Murtala Muhammad International Airport (MMIA)...