Section
207 stories from 2020 to 2025.
TCN Confirms Theft of High-Voltage Cable, Engineers Mobilized for Repairs The Transmission Company of Nigeria (TCN) has confirmed that large parts of Abuja, including sections of the Presidential Villa, are experiencing…
Small Businesses Get Relief, But Suppliers Without TIN Face Tougher Penalties Firms without a Tax Identification Number (TIN) will no longer qualify for exemptions under Nigeria's new Withholding Tax regulations, which…
All Versions of Naira Notes Remain Legal Tender, No Expiry Date The Central Bank of Nigeria (CBN) has reassured the public that all versions of the naira, including the old and new N1000, N500, N200 notes, as well as…
South Africa Leads the Pack, While Nigeria Ranks Third Despite Being Africa’s Largest Economy Africa’s billionaires represent the continent's entrepreneurial spirit and economic potential. While Nigeria boasts Africa’s…
Winners Chapel Founder David Oyedepo Celebrates New Airstrip Approval The Minister of Aviation and Aerospace Development, Festus Keyamo, has confirmed the approval of a private airstrip for Canaanland, the sprawling…
National Long Distance, ISP, and Sales & Installation Licences Awarded to Airtel's Fibre Service Unit Airtel Nigeria Telesonic Limited, the fibre service arm of Airtel Nigeria, has received three important telecom…
Nigerian rapper Folarin Falana, popularly known as Falz, has expressed his support for the labour unions' ongoing strike despite the negative impact on his business. The Nigeria Labour Congress (NLC) and the Trade Union…
Yesterday, the value of the naira saw a notable rise to N1,450 against the dollar in the informal exchange sector, up from N1,580 per dollar as reported on Tuesday. In a similar vein, the naira also saw an increase in…
The Nigerian Central Bank (CBN) has successfully eliminated the $7 billion foreign exchange (forex) backlog that was pending when Governor Yemi Cardoso took office. Yesterday, the Acting Director of Corporate…
The Nigeria Police Force has reaffirmed its dedication to upholding the rights and freedoms of individuals planning to participate in the protest organized by the Nigeria Labour Congress and other affiliations on the…
Nigeria witnessed an unprecedented surge in its broad money supply, reaching a new peak of N93.72 trillion as of January 2024, illustrating a significant leap forward. This amount reflects a remarkable increase of 76%…
The Federal Government has taken action against the online operations of Binance along with several other digital currency entities due to purported manipulations within the foreign exchange market. Binance operates as…
In a significant development, human rights lawyer Femi Falana has revealed that the Central Bank of Nigeria (CBN) has been taken to court over its decision to float the Naira currency. Falana made this revelation during…
Banks have recently increased cash payouts to their customers, resulting in a significant reduction in the long queues and large crowds that had previously been seen at cash dispensary points over the last two and a…
On Tuesday, President Muhammadu Buhari officially inaugurated the Ebenyi-A Exploration Well, the first oil drilling project located in the Middle Benue Trough in Obi Local Government Area of Nasarawa State. During the…
On Tuesday, Senator Chris Ngige, Nigeria's Minister of Labour and Employment, provided assurances that the Nigeria Labour Congress's (NLC) threat to shut down all branches of the Central Bank of Nigeria (CBN) due to the…
According to recent reports, Nigeria's cash shortages that have persisted for three months are expected to subside this week. Banks have complied with the Central Bank of Nigeria's latest directives on cash dispensing…
The Nigeria Labour Congress (NLC) has urged workers to report banks that are not dispensing cash to its state councils as the country is experiencing a scarcity of naira notes. This move comes ahead of a planned…
On Thursday, 23rd March, 2023, a tragic accident claimed the lives of 25 people while 10 others sustained injuries. The accident occurred on the Hadeja-Potiskum Federal highway at Udubo, in Gamawa LGA of Bauchi State.…
In a statement released on Thursday, Lagos State Governor, Mr. Babajide Sanwo-Olu, congratulated Muslims across Nigeria, particularly those residing in Lagos State, on the beginning of the holy month of Ramadan. The…
