CBN increases Fines and Penalties for Non-Compliance of Customer Due Diligence Regulation.
The Central Bank of Nigeria (CBN) has released the Customer Due Diligence (CDD) regulations for 2023, aimed at assisting financial...
Fuel Subsidy Removal Leads to Decreased Fuel Smuggling – Customs
The Adamawa/Taraba Area Command of the Nigeria Customs Service has announced a significant reduction in the smuggling of premium motor...
FAAC Shares N786.161 Billion May 2023 Revenue to Federal, State, and Local Governments.
The Federation Account Allocation Committee (FAAC) has disbursed a total sum of N786.161 billion as May 2023 Federation Account Revenue...
Electricity Distribution Companies’ Revenue Rises by 20.81% Despite Supply Drop, Reports NBS.
The National Bureau of Statistics (NBS) has released its Electricity Report for the first quarter of 2023, revealing that electricity...
Nigeria’s Airfares Soar as Exchange Rate Hits N702 per Dollar.
Airfares in Nigeria to various international destinations have witnessed a significant surge as the exchange rate for ticket pricing has...
FG Approves Reopening of Seme Land Border for Vehicle Imports
The Nigerian Federal Government has granted approval for the reopening of the Seme land border to facilitate the importation of...
ECOWAS Bank Signs $30M Credit Line with Access Bank in Ghana
ECOWAS Bank for Investment and Development (EBID) has entered into a credit line agreement worth $30 million with Access Bank...
UK Inflation Holds Steady at 8.7% in May, Posing Challenges for the Economy and Consumers.
The latest figures on UK inflation have been released, revealing that consumer prices rose by an annual 8.7% in May,...
Nigeria’s Foreign Reserves Drop by Over $600M in First 18 Days of Tinubu’s Presidency.
Nigeria's foreign reserves have been experiencing a rapid decline, reaching one of its lowest levels, shedding an additional $600 million...
Nigeria sets eight-week timeline to agree minimum wage with unions
The Nigerian government and main labour unions have reached an agreement to finalize an increase in the minimum wage within...
Popular Story
FG Takes Governors to Supreme Court Over Local Government Allocations
Daar Communication Plc. reports an annual loss of N18.75 million for 2022.
Shocking: “Undress” An AI Tool That Unveils Digital Representations of Individuals Without Clothing
FG Introduces Green Tax on High-Engine Vehicles from July 1 to Promote Cleaner Transport
Bolt Expels Over 5,000 Drivers Over Safety Concerns
