World Bank blacklists 59 Nigerian firms, individuals, gives names
The World Bank has barred 59 Nigerian companies and individuals for engaging in corrupt practices and other procurement offences. This…
NNPCL E&P Ltd, NOSL hit first oil in OML 13, Akwa Ibom State
The NNPCL has stated that it has in partnership with other exploration companies commenced oil production in Akwa Ibom State.…
FULL LIST: 16 banking transactions exempted from CBN’s new cybersecurity levy
The Central Bank of Nigeria, CBN, on Monday, May 6, 2024, directed all banks to commence charging a 0.5 per…
FG orders registration of 1.9 million PoS operators
The Federal Government of Nigeria, through the Corporate Affairs Commission, CAC, has issued a two-month registration deadline to Point of…
PTAD deletes 51,000 ghost pensioners
Pension Transitional Arrangement Directorate (PTAD) had deleted over 51,000 fake pensioners in the country. According to report, the ghost workers…
SEC to crack down on illegal virtual trading
The Securities and Exchange Commission, SEC, has said it is taking steps to eliminate illegal trading activities in the virtual…
LAGS reveals that 80% of Lekki buildings have no approval
Lagos State Commissioner for Physical Planning and Urban Development, Dr. Oluyinka Olumide, has revealed that 80 per cent of buildings…
Currency in circulation rises to N3.87tn – CBN
The Central Bank of Nigeria, CBN, has stated that the value of Naira currency in circulation has risen to N3.87tn…
Africa’s richest man, Dangote describes Naira devaluation as biggest mess of 2023
Africa’s richest man, Aliko Dangote, has described the devaluation of Nigeria’s currency, the Naira, as the biggest mess of 2023…
Frequent changes in Customs Duty hurting economy — Expert
The Chief Executive Officer of Centre for Promotion of Private Enterprise, CPPE, Dr. Muda Yusuf, has blamed the woes of…