Dangote refinery halts discounted fuel scheme over diversion scandal
Dangote Petroleum Refinery and Petrochemicals has suspended its discounted fuel supply programme following the discovery of a diversion scheme involving some affiliate…
Business
LGs must be held accountable for taxes – Oyedele
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has stressed the need for ongoing tax reforms to…
Expert raises alarm over Nigeria’s heavy dependence on Chinese imports
Nigeria’s heavy dependence on China for imports has raised renewed concerns among economists and trade experts, who caution that the country’s import…
UK fines Barclays Bank £42m over anti-money laundering failures
Barclays Bank PLC has been hit with a £42 million fine by the United Kingdom’s Financial Conduct Authority for serious lapses in…
SEC probes 79 suspected ponzi schemes nationwide
The Securities and Exchange Commission has launched investigations into 79 suspected Ponzi schemes operating across the country. In a statement issued on…
Imo launches Africa’s first digital talent marketplace
Imo State has launched ImoTalentHub.com—Africa’s first dedicated digital talent marketplace—connecting local software engineers, data scientists, and designers to global employers. The platform,…
‘My mother is a witch’ hits N100m milestone at Nigerian box office
My Mother Is a Witch, the powerful family drama from acclaimed filmmaker Niyi Akinmolayan, has officially crossed the N100 million mark at…
CAC flags three cooperative societies for fake incorporation certificates
The Corporate Affairs Commission has flagged three cooperative societies in Nigeria for presenting fake certificates of incorporation bearing registration numbers not issued…
Dangote unveils plans for Nigeria’s largest deep seaport in Ogun
The President and Chief Executive of Dangote Group, Aliko Dangote, has initiated plans to build what he describes as Nigeria’s largest and…
Banks, Fintechs clash as naira cards resume international use
Nigeria’s banking sector is witnessing renewed competition as commercial banks resume international transactions on naira debit cards—creating a showdown with fintech firms…
FG unveils locally-made machines to cut housing costs
The Federal Ministry of Housing and Urban Development has unveiled a set of locally-developed machines aimed at reducing housing construction costs and…
Financial institutions must lead in shaping AI future — NESG
The Chairman of the Nigerian Economic Summit Group, Niyi Yusuf, has called on Nigeria’s financial sector to take the lead in building…