CBN audit uncovers $2.4b shady deals…No going back on relocation of departments to Lagos, says Cardoso
Central Bank of Nigeria (CBN) governor Olayemi Cardoso has revealed that an audit of foreign exchange change transactions has uncovered…
EFCC takes over Nigeria Air investigations as FAAN back and forth cost Nigeria N10 billion
The Economic and Financial Crimes Commission has taken over the investigation of the botched Nigeria Air project, championed by Hadi…
CBN releases $500m to settle debts
The Central Bank of Nigeria (CBN) has released US$500 million to various sectors to further address the backlog of verified…
Fiduciary Services set to host bi-annual Webinar on family wealth and financial legacy
Fiduciary Services Ltd, is set to host it’s bi-annual Webinar meant to prepare individuals and families on how to establish…
Nigeria’s inflation figures ever increasing… hits 28.92 percent
The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate increased to 28.92 per cent in December 2023. The…
NNPC makes N2.5 trillion profit for the first time in history
The Nigerian National Petroleum Company (NNPC) Ltd says it recorded a profit of N2.548 trillion in 2022. In its 2022…
Dangote bounces back as African richest man
Aliko Dangote has made a rebound in the Forbes Real Time Billionaires list. Last week South Africa’s Johann Rupert displaced…
NCC puts Glo, MTN subscribers on disconnection notice
Nigeria Communications Commission has put subscribers of Globacom on notice of a possible disconnection from MTN within the next 10…
Ghana swimming $20 billion debt meets creditors
Ghana’s official creditors are scheduled to meet on Monday to discuss restructuring some $5.4 billion in loans to the country,…
EFCC combs Dangote financial records over CBN foreign exchange deals
The Economic and Financial Crimes Commission (EFCC) on Thursday carried out a scrutiny of Dangote Group’s financial records, as part…
US files charges against Nigerian billionaire over inflated figures
The US Securities and Exchange Commission has filed charges against Nigerian-born billionaire Dozy Mmabuosi on allegations of faking figures to…
Deactivate all phone lines without NIN registration, NCC urges mobile telecom firms
All phone lines with no National Identification Number must be deactivated on or before February 28, 2024, the Nigerian Communications…
FG sacks aviation agencies’ CEOs, Directors
The federal government has announced the removal of all heads of the country’s aviation industry, in a bid to shake…
Airlines to pay passengers for flight delays, says Keyamo
The Ministry of Aviation, says it is working on plans to ensure that commercial airlines operating in Nigeria pay compensation…
More companies will leave Nigeria–Ajayi Kadir
Manufacturers Association of Nigeria (MAN) director-general Segun Ajayi-Kadir has predicted the exit of more manufacturers of goods and services from…