Loan apps: FCCPC to address rising debt with new policy
The Federal Competition and Consumer Protection Commission announced plans to create a new regulatory framework to address Nigerians’ growing reliance on digital…
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Five money-making holiday business ideas
The holiday season is here. A time when people celebrate Christ’s birth and look forward to the New Year. It is also…
Emefiele denies CBN corruption charges, slams private investigator
The former Governor of the Central Bank of Nigeria, Godwin Emefiele, has dismissed the allegations of corruption and theft levelled against him…
CBN lifts restriction on bank crypto transactions
The Central Bank of Nigeria has lifted the ban on banks facilitating cryptocurrency transactions and has issued guidelines for financial institutions engaging…
BVN enrollment nears 60m ahead of CBN deadline
As the Central Bank of Nigeria’s December 18, 2023, deadline approaches for the registration for the Bank Verification Number, the number of…
Angola announces exit from OPEC
By Wilson Adekumola Angola has disclosed that it would leave OPEC over a disagreement on production quotas following the…
Port Harcourt refinery begins operation in Rivers
By Wilson Adekumola The Port Harcourt Refining Company Limited on Wednesday began operation with a combined capacity of 210,000 barrels per…
Toshiba delisted from Tokyo Stock Exchange after 74 years
Toshiba was delisted from the Tokyo Stock Exchange on Wednesday after 74 years, following a decade of upheaval and scandal that brought down…
Naira scarcity continues, traders ration cash
A number of small-scale farmers and vendors have voiced their dissatisfaction with the ongoing financial difficulties in the country, claiming that the…
Electricity subsidies consume N376bn in nine months
The Federal Government spent N375.8 billion on electricity subsidies between January and September of this year, while power customers paid a total…
99.9% households yet to receive FG’s cash transfer – W’Bank
The World Bank has reported that approximately 99.9% of targeted poor and vulnerable households are yet to receive the Federal Government’s recently announced…
Netflix commits over $23.5m into Nigeria entertainment industry – FG
By Wilson Adekumola The Minister of Art, Culture and Creative Economy, Mrs Hannatu Musawa, has disclosed that Netflix has committed…