New naira: CBN answers customers’ FAQ
The Central Bank of Nigeria has announced that there will be no deposit limit account with banks following plans to introduce new…
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Osinbajo visits Vietnam, woos Southeast Asian investors
Vice President Yemi Osinbajo on Wednesday concluded his three-day working visit to the Socialist Republic of Vietnam. Before leaving, however, he met…
ABC, Microsoft seek data protection bill passage
The American Business Council and American multinational technology corporation, Microsoft Corporation have sought the quick passage of the data protection bill. They…
Russia rejects EU, G7 oil price cap
Russia on Saturday rejected a $60 price cap on its oil agreed by the EU, G7 and Australia, which Ukraine said would…
Dangote’s wealth rose by $1.5bn in Nov
In spite of the creeping fuel scarcity and rise in inflation index in November, Africa’s richest man and Chairman, Dangote Group, Aliko…
Reps probe AGIP Oil over tax evasion
The House of Representatives ad hoc committee on Joint Venture on Wednesday quizzed the Nigerian Agip Oil Company Ltd over alleged tax…
Disney buys streaming firm BAMTech
Disney is now officially a 100% stakeholder of BAMTech, the streaming technology services group that powers Disney+ and the company’s other direct-to-consumer…
FG mandates NIN for business registration
The federal government has announced that Nigerians wouldn’t be able to start businesses without the National Identification Number. Alhaji Garba Abubakar, the…
Amazon shuts down wholesale business in India
The United States online retailer Amazon on Monday said that it would shut down its wholesale distribution business in India as it…
UK, Nigeria trade volume hits £5.5bn
The United Kingdom and Nigeria said the trade volume between the two countries stood at 5.5 billion pounds. This is contained in…
Why fuel scarcity persist – Marketers
The Independent Petroleum Association of Nigeria has attributed the current fuel scarcity to unavailability of petroleum products and difficulty in accessing foreign…
Kano shuts Chinese firm for violating sanitation law
The Kano State Committee on Sanitation shut down a Chinese metal recycling plant in Kano on Saturday for operating during the monthly…