Category: featured

CBN allocates N306bn for staff severance, related costs

The Central Bank of Nigeria disclosed that it spent N306.63 billion in 2024 on staff...

ECOWAS laments expensive airfares in West Africa

The Economic Community of West African States has raised alarm over the soaring cost of...

NIS flags passports of officials linked to refinery funds scandal

The Nigerian Immigration Service has flagged the passports of certain officials implicated in the alleged...

Naira printing costs surge by 306%

The Central Bank of Nigeria spent ₦315.18 billion on currency issue expenses in 2024, representing...

Mele Kyari denies EFCC detention rumours, calls them ‘clear mischief’

Former Group Chief Executive Officer of the Nigerian National Petroleum Company Ltd, Mele Kyari, has...

Tinubu’s ministers ignore TikTok, LinkedIn despite massive following – Report 

A new report reveals a stark digital divide between Nigeria’s cabinet ministers and the country’s...

Nigeria to fine foreigners $15 daily for visa overstay

The Nigeria Immigration Service has announced a new enforcement measure targeting visa overstays. Beginning September...

Elon Musk still CEO, Tesla board denies seeking replacement

Tesla Inc. shares held steady in premarket trading Thursday after the electric vehicle giant refuted...

GTBank to charge customers ₦6 for SMS alert from May 1

Guaranty Trust Bank has announced an upward review of its SMS transaction alert fee, raising...

NCS’s planned 4% FOB levy will harm industry — MAN

The Manufacturers Association of Nigeria has raised alarm over the Nigeria Customs Service’s reported plan...

‘Long night ahead’ as Europe faces worst blackout in 10 years

Spanish Prime Minister Pedro Sánchez has warned of a “long night ahead” as Europe grapples...

CBN orders banks to adopt PAPSS for cross-border transactions

The Central Bank of Nigeria has issued a directive requiring all banks in the country...

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