Business
Nigeria’s Headline Inflation Surges to 33.95%
Nigeria's headline inflation rate surged to 33.95% in May, marking a slight increase from the April 2024 rate of 33.69%. The latest inflation report by...
Business
NAFDAC, Reps Lift Ban On Sachet Alcoholic Drinks
The House of Representatives and the National Agency for Food and Drug Administration and Control (NAFDAC) have lifted the ban on the sale and...
Business
Free Yet Unfree: Court Discharges Binance Officials in Tax Evasion Case
A Federal High Court has discharged Tigran Gambaryan, a 39-year-old American, and Nadeem Anjarwalla from the tax evasion case instituted by the Federal Inland...
Business
Reforms: World Bank Grants Nigeria $2.25 Billion Loan
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, on Thursday, revealed the approval of two major financial support packages by...
Business
Kaduna-Kano Train Poised To Return Despite Vandalism Concerns
The Managing Director and Chief Executive Officer of the Nigerian Railway Corporation (NRC), Fidet Okhiria, has announced the imminent commencement of the Kaduna-Kano train...
Business
CBN Sacks Polaris, Union Bank, Keystone’s Managements, Boards
The Central Bank of Nigeria (CBN) has announced the dissolution of the board and management of Union Bank, Keystone Bank, and Polaris Bank. The decision,...
Business
Nigeria: MultiChoice To Challenge One-Month Free Subscription Court Ruling
Multichoice Nigeria does not plan to comply with the court order that mandates it to gift one month free subscription to its customers on...
Business
Tribunal Orders Multichoice to Provide One Month Free Subscription to DStv/GOtv Subscribers
The Competition and Consumer Protection Tribunal has ruled against Multichoice Nigeria, ordering the company to provide one month of free subscription to subscribers on...