BUSINESS NEWS: SUPREME COURT REJECTS SUIT SEEKING TO COMPEL FG TO ACCOUNT FOR GAS EARNINGS
The Supreme Court has struck out a suit by the 36 state governments seeking to among others, compel the Federal Government to account for its...
LASODA REGISTERS 100 BUSINESSES FOR PERSON WITH DISABILITIES
In a bid to create a sustainable and successful business environment for the disability community in Lagos, the Lagos State Office for Disability Affairs (LASODA)...
JUST IN: CBN RAISES ALARM OVER RISING FRAUDULENT FOREIGN CURRENCY TRANSFER CLAIMS
The Central Bank of Nigeria has raised the alarm over a growing trend of fraudulent foreign currency transfer claims, warning Nigerians to beware of falsified...
CRUDE OIL PRODUCTION REACHES 1.8 MILLION BARRELS PER DAY – NNPCL
According to the Nigerian National Petroleum Company Limited (NNPCL), crude oil production has surpassed 1.8 million barrels per day. In addition to making the news...
NEWS: NNPC SIGNS 10-YEAR DEAL TO SUPPLY 100MMSCF/D GAS TO DANGOTE REFINERY
The NNPC Gas Marketing Limited (NGML), a subsidiary of the Nigerian National Petroleum Company Ltd. (NNPC Ltd.), has executed a Gas Sale and Purchase Agreement...
CBN’S NEW CAPITAL REQUIREMENT WILL BOOST FINANCIAL INCLUSION — CARDOSO
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, stated that the new capital requirement for banks in the country will strengthen their ability...
FRAUD: US COURT ISSUES NEW ARREST WARRANT FOR AIR PEACE BOSS, ALLEN ONYEMA
A US court has reissued an arrest warrant for Allen Onyema, the founder and CEO of Air Peace Limited, in connection with a $20 million...
FG EYES SINGLE-DIGIT TAX RATE FOR NIGERIANS, SAYS OLOYEDE
The federal government eyes a single-digit tax regime to reduce multiple tax burdens on Nigerians. Chairman of the Presidential Committee on Fiscal and Tax Reforms,...
BUSINESS NEWS: STOCKS AND DOLLAR CLIMB, BITCOIN HITS RECORD HIGH
As traders followed the lead from events in China and the United States, US and European markets surged higher, the dollar appreciated, and bitcoin continued...
NAIRA DEPRECIATES AGAINST DOLLAR BY 0.6%
The Naira depreciated on Wednesday at the official market, trading at N1,681.65 to the dollar. Data from the FMDQ Exchange’s official trading platform, which...