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    Banks Hike SMS Alert Fee to N6

    Starting Thursday, May 1, 2025, commercial banks in Nigeria will begin charging N6 per SMS alert, up from the previous N4. This was announced...

    Unregistered Firms Face Jail Time Under New CAC Directive

    The Corporate Affairs Commission (CAC) has announced a six-week deadline for all unregistered businesses in Nigeria to formalise their operations or face legal consequences....

    FIRS Orders Closure of Unauthorized Tax Accounts

    The Federal Inland Revenue Service (FIRS) has directed all banks in Nigeria to immediately shut down any tax and levy collection accounts not integrated...

    CBEX Suspect Abiodun Surrenders to EFCC

    Adefowora Abiodun, one of the suspected promoters of the controversial cryptocurrency platform, Crypto Bridge Exchange (CBEX), has voluntarily surrendered to the Economic and Financial...

    NEC Approves Major Economic Revival Projects

    The National Economic Council (NEC) has approved major initiatives aimed at reviving Nigeria’s economy. These include the establishment of the Green Imperative Project (GIP)...

    Kano Targets $10bn Morocco Investment

    The Kano State Government is aiming to attract over $10 billion in investments from Morocco’s leading companies over the next five years. The funds...

    CBN Faces Contempt Over Paris Club Refund Dispute

    A consulting firm, Melrose General Services Limited, has filed a contempt of court charge against the Governor of the Central Bank of Nigeria (CBN),...

    Taye Currency Loses N10m to CBEX Scam

    Taye Adebisi, better known by his stage name Taye Currency, has spoken out about how he fell victim to a fraudulent Ponzi scheme called...