An investigative report has accused one of Nigeria’s largest tech unicorns Flutterwave of allegations bothering “insider trading, fraud, and perjury” occurring over a 4 year period. In one of the most damning…
Twitter plans to hold a meeting for employees concerned about Tesla Chief Executive Elon Musk's influence on the company's board, a Twitter spokesperson said Friday. The Twitter official did not disclose the timeframe…
There is a huge gap between supply and demand for electricity in Nigeria and other African countries, and also a significant funding gap, underscoring what appears to be a bleak future for African power markets.…
The Central Bank of Nigeria has imposed an N800m fine on three Deposit Money Banks in the country for violating regulations barring customers from transacting in cryptocurrencies. According to a Bloomberg report…
MTN Nigeria Communications paid a total of N757bn direct and indirect tax to government agencies in 2021, it has been revealed. This was disclosed during the National Tax Dialogue Event organised by the Federal Inland…
One of Nigeria's leading banks, Guaranty Trust Bank (GTBank) has introduced a faster and more convenient means for customers to retrieve their electricity token after payment. It's a common problem for customers to…
The World Bank has sanctioned SoftTech IT Solutions and Services Ltd., a Nigerian information technology solutions company, and its Managing Director, Mr Isah Kantigi, for alleged corrupt practices. The firm, which was…
Air Peace, Nigeria’s largest flight carrier and Azman Air have suspended flight operations to Kaduna International Airport. According to Daily Trust, a source attributed the development to the gun attack around the…
In an email circular that went out from Bento Africa’s board of directors to the company’s customers and partners on Wednesday evening, the board announced that Ebun Okubanjo will be taking “some time off” and handing…
Multichoice Nigeria has increased all the prices of plans on its DStv and GOtv decoders. This hike in price has sent anger and frustration to Nigerians as they term it 'unjustifiable'. Multichoice said on Tuesday in its…
For the third consecutive year, Union Bank and its employees have celebrated their Employee Volunteer Day (EV Day) with donations and projects aimed at improving the lives. EV Day is an employee-funded initiative that…
Wema Bank Plc at the weekend ended its third SME Business School in Abuja. In partnership with Abuja Enterprise Agency, The SME Business School began on March 14, this year. The platform was aimed at equipping owners…
One of the leading banks in Nigeria, Guaranty Trust Bank has adjusted its opening hours for economic reasons. GTCO on Friday issued a circular to customers stating that all bank branches will now open from 8:00 am to…
According to the Fintech Times, women have long been financially excluded when it comes to traditional forms of credit rating and decision making. Research has also revealed that women face barriers in forming the kinds…
The Nigerian senate passes a new bill to banks as it mandates them to report any deposit over N5m (5 million naira) to the Economic and Financial Crimes Commission (EFCC). In a bid to fight against the practice of money…
Nigeria recorded N173.96 billion trade deficit in the fourth quarter of 2021. Statistician-General of the Federation, Dr. Simon Harry yesterday in Abuja put the country’s Its total trade at N11.707 trillion during the…
The UK is to impose sanctions on 370 more Russian individuals, including more than 50 oligarchs and their families with a combined net worth of £100bn, in the latest raft of measures against Vladimir Putin’s regime,…
The oil giant Shell has apologised after buying a shipment of Russian oil last week at a discounted price as it pledged to end its relationship with oil, gas and petroleum from the country, reports Reuters. Chief…
Technology giant, Google, has said Nigerians using its platform to do business will start paying 7.5 per cent as value-added tax, VAT, from April 1, 2022. Google said in a statement that the new rate was in a bid to…
The scarcity of Premium Motor Spirit, popularly called petrol, has refused to abate despite claims by the Nigerian National Petroleum Company Limited that it has been releasing hundreds of millions of litres of petrol…