Expert urges CBN to regulate DMB’s exploitative charges
By Wilson Adekumola A financial expert, Okechuwu Unegbu has criticized the multiplicity of service charges by Deposit Money Banks, urging the Central Bank of Nigeria to regulate their activities. Unegbu…
Access Bank GMD becomes bank’s largest shareholder
The group managing director of Access Holdings, Hebert Wigwe, has strengthened his control over the Bank by purchasing 50 million shares, thereby becoming the bank's largest shareholder. The purchase was…
Subsidy removal: Nigerias inflation to rise 25%, World Bank predicts
The World Bank predicts that the removal of petrol subsidies will cause inflation to reach up to 25% by 2023. Nevertheless, the Washington-based bank highlighted that even though there would be…
NIMASA denies online employment scheme
By Wilson Adekumola The Nigerian Maritime Administration and Safety Agency has disassociated itself from fraudulent online publications and posts on various social media platforms, advertising employment scheme, warning unsuspecting…
NERC yet to give directive on electricity tariff hike – IBEDC
By Wilson Adekumola The Ibadan Electricity Distribution Company has disclosed that Nigerian Electricity Regulation Commission has not given a directive on the new electricity tariff earlier scheduled to commence…
Railway debt servicing gulped $63m in Q1- DMO
The Debt Management Office's report on Nigeria's external debt service payments, has revealed that the Federal Government allocated $62.66 million towards servicing railway-related debts in…
BREAKING: Musk announces new restrictions, limits to Twitter accounts
Twitter owner, Elon Musk, has announced new restrictions for users on the social media platform after thousands noticed their personal feeds were not refreshing. Many logging on were met…
Petrol price crashes at private depots due to low demand
Private depots have reportedly crashed the price of Premium Motor Spirit, aka. petrol, to between N495 and N496 per litre from N502 to N503/litre. The development came amid rumour…
Apple’s market value hits $3tn
A $3 trillion market value was achieved by the US-based global technology corporation Apple on Friday. According to CBS, shares of the 47-year-old technology company ended the day up 2.3%…
IPMAN debunks plan to raise petrol price to N700/litre
The Independent Petroleum Marketers Association of Nigeria has refuted the association's purported proposal to raise the pump price of Premium Motor Spirit, better known as petrol, to N700 per litre nationwide.…
Focus on agriculture in fight against poverty – Agric expert tells Tinubu
A specialist in animal breeding and genetics as well as agricultural business, Dr. Olaiwola Ogunpaimo, has urged President Bola Tinubu to prioritize agriculture, particularly crop and livestock production, fisheries, and forestry…
Google’s first West Africa Director, Juliet Ehimuan, resigns
Google's first director for West Africa, Dr. Juliet Ehimuan, has announced her retirement from the firm. She made this announcement on LinkedIn on Friday, where she also stated her desire to pursue a…
