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Ogun cargo airport to employ 25000 youths on completion - Dapo Abiodun

Mamuda Beverages invests $50m in new industrial facility

  • 14th May 2025

Nigeria ships first Obodo crude blend, says NUPRC

  • 14th May 2025
UK expands work visa sponsors for Nigerians

UK unveils major visa overhaul to cut legal

  • 11th May 2025

BUA cement announces revised date for ₦2.05 dividend

  • 8th May 2025

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Ogun cargo airport to employ 25000 youths on completion - Dapo Abiodun

Mamuda Beverages invests $50m in new industrial facility in

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NANTA, Turkish Airlines begin talks on strategic partnership

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Abia State partners with MTN to drive digital transformation

Abia State partners with MTN to drive digital transformation

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Six Nigerian startups named among Africa’s fastest-growing companies

Six Nigerian startups named among Africa’s fastest-growing companies

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Cardoso reassures investors of macroeconomic stability, confidence

The Central Bank of Nigeria Governor, Olayemi Cardoso, has reassured international investors that ongoing reforms are steadily bringing about macroeconomic stability and boosting confidence in the economy. Cardoso made this disclosure at a forum in New York, organized by the apex bank in collaboration with J.P. Morgan, the Nigerian Exchange Group, and the Africa Private […]

New SEC regulation to enhance transparency in bank recapitalization
Business

SEC warns social media figures over unregistered investment schemes

The Securities and Exchange Commission of Nigeria has issued a warning to social media influencers and bloggers, cautioning them against promoting unregistered investment schemes. The warning was delivered by SEC Director-General Emomotimi Agama in a notice released on Sunday. Agama stated that the commission is collaborating with the Economic and Financial Crimes Commission, the Nigeria […]

Business

DHL stops high-value US deliveries due to stricter customs rules

DHL Express is halting shipments to the United States worth more than $800 due to increased customs requirements linked to new tariffs introduced under Donald Trump’s trade policies. The delivery giant announced it will pause all shipments from international businesses to U.S. consumers starting Monday, with no confirmed resumption date. “To manage this, starting Monday, […]

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Cardoso reiterates CBN’s commitment to transparent monetary reforms

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, on Friday held a thought-provoking discussion with Nobel Prize-winning economist Dr. James Robinson, who serves as the Reverend Richard L. Pearson Professor at the University of Chicago and Director of the Pearson Institute for the Study and Resolution of Global Conflicts in the United States. […]

Business

Mixed reactions as Anambra govt demolishes Innoson Motors’ headquarters

The recent demolition of the Head Office of Innoson Vehicle Manufacturing located along Nnewi-Owerri Road in Nnewi North Local Government Area of Anambra State by the state government has sparked mixed reactions. The IVM Head Office building was partially demolished by the Anambra State Government to pave the way for an ongoing road expansion project […]

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Business

Ford halts shipments of SUVs, trucks, sports cars to China

Ford has paused shipments of its SUVs, pick-up trucks, and sports cars to China as it faces growing challenges from retaliatory tariffs. With rates as high as 150%, these tariffs are creating major hurdles for American automakers in the Chinese market. In a statement on Friday, Ford acknowledged the impact of the current trade environment, […]

Grieving widow sues Tesla over defective car model
Business

Tesla delays US launch of affordable, lower-cost model – Report 

Tesla’s plans for an affordable electric vehicle—a stripped-down version of its best-selling Model Y SUV—have encountered delays, according to Reuters. Originally slated for production in the first half of 2025, the launch has now been postponed to the third quarter of 2025 or early 2026, according to sources familiar with the matter. Tesla has pledged […]

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Keyamo reaffirms Nigeria’s commitment to global aviation standards

Minister of Aviation and Aerospace Development, Festus Keyamo, has reiterated Nigeria’s dedication to upholding top-tier global air transport and facilitation standards. Keyamo made this statement at the 2025 International Civil Aviation Organisation Conference currently taking place in Doha, Qatar. The minister, who was joined by other global aviation experts and chiefs, including the Minister of […]

News

CBN launches mystery shopping for BDC compliance with anti-laundry rules

The Central Bank of Nigeria has launched mystery shopping exercises at Bureau De Change outlets to reinforce compliance with anti-money laundering and counter-terrorism financing regulations. This initiative, announced in a circular dated Thursday, and signed by the Director of the Compliance Department, Amonia Opusunju, is part of the CBN’s broader strategy to combat illicit financial […]

Osun resubmits state's nomination for bank role, challenges CBN’s rejection
News

CBN’s secret shoppers to monitor BDCs for compliance

The Central Bank of Nigeria has announced plans to introduce a secret shopper programme to assess compliance by Bureau De Change operators with anti-money laundering and counter-terrorism financing regulations. The directive was communicated to all licensed BDCs in a notice issued on Thursday by the apex bank’s Compliance Department, signed by Amonia Opusunju. The initiative, […]

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