NCC approves 50% tariff increase for telecom sector
The Nigerian Communications Commission has approved a 50% tariff hike for telecom operators, marking the first increase in nearly 11 years. The…
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World Bank bans Nigerian companies, CEO over fraudulent practices
The World Bank Group has imposed a 30-month debarment on two Nigerian companies, Viva Atlantic Limited and Technology House Limited, as well…
Nigeria’s biggest FX problem is illicit demands, says Oyedele
Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has said that illicit demand is the primary factor…
TikTok restores US service after Trump’s intervention
TikTok announced Sunday that it is restoring its services in the United States after President-elect Donald Trump pledged to reinstate the app’s…
Brazil welcomes Nigeria as BRICS partner country
The Brazilian government has officially announced Nigeria’s inclusion as a partner country in the BRICS bloc, highlighting shared interests in strengthening cooperation…
US Supreme Court upholds TikTok ban, gives deadline for shutdown
The United States Supreme Court has upheld legislation that mandates a nationwide ban on TikTok unless its parent company, ByteDance, divests ownership…
Fuel price hits N955 at Dangote refinery
In response to the ongoing surge in Brent crude oil prices, the Dangote Petroleum Refinery has announced an increase in the price…
CBN launches digital initiatives for transactions, document management
The Central Bank of Nigeria has launched two new digital initiatives—the Document Flow System and the Ministries, Departments, and Agencies Naira Payment…
Dangote refinery’s petrol production impacts Europe – OPEC
The Organisation of the Petroleum Exporting Countries has noted that the Dangote Petroleum Refinery is influencing the Premium Motor Spirit market in…
Oil marketers turn to Dangote refinery amid petrol price hike
The Independent Marketers Association of Nigeria has switched to the Dangote Petroleum Refinery after a significant 4.7% rise in the depot price…
US users flock to RedNote as TikTok faces potential ban
As Supreme Court justices deliberate on the future of TikTok in the United States, an increasing number of American social media users…
Depots increase petrol price to N950/litre
The cost of loading Premium Motor Spirit and other refined petroleum products at depots increased on Monday. Marketers raised petrol and diesel…