The Federal Government has initiated a verification process for all applicants of the Presidential Palliative Grant. Nigerian citizens who applied for the grant are […]
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Category: Business
NAFDAC cracks down on illegal alcohol production in Lagos Trade Fair complex
In a recent enforcement operation led by NAFDAC’s Investigation & Enforcement Directorate, illegal activities involving the production and distribution of various brands of alcoholic […]
Adaora Umeoji becomes first female Group Managing Director of Zenith Bank
Zenith Bank Plc has appointed Adaora Umeoji as the Group Managing Director effective June 2024. Though no official statement has been released from the bank, […]
Dangote, BUA, Lafarge Cement Prices: Where Do We Stand on March 17th, 2024?
Nigerians building homes and businesses have been hit hard by a recent surge in cement prices. News reports in February indicated a jump from N4,000-5,000 […]
“Hell is on earth?” – Video of four men who met hell while mining goes viral
A video of four men encountering a terrifying phenomenon reminiscent of ‘hell’ while at mining has gone viral, capturing the attention of numerous viewers […]
CBN sells record N1.3tr Treasury Bills to strengthen Naira
The Central Bank of Nigeria has sold a record N1.3 trillion in Treasury Bills, specifically targeting overseas investors. This is aimed at increase foreign […]
Binance officially delists the Nigerian naira and discontinues all NGN services amidst a legal feud
Binance officially delists the Nigerian naira and discontinues all NGN services amidst a legal feud Management of the world’s largest cryptocurrency exchange platform, Binance, […]
Forex: Lagos court strikes out charge against 19 BDC operators
Justice Lewis Allagoa of a Federal High Court in Lagos, today March 4, struck out the charge against 19 Bureau De Change (BDC) Operators, following […]
CBN slashes Customs FX duty rate by 5.3% as naira stabilises
The exchange rate for computing the country’s Customs duties has been slashed by 5.3 percent by the Central Bank of Nigeria following stability in the […]
Floating the Naira is the worst economic decision ever —PENGASSAN
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has described the floating of the Naira as the worst economic decision ever. Speaking […]