Court adjourns Binance tax evasion case to April 30
Court has postponed proceedings in a tax evasion case against global cryptocurrency exchange Binance until April 30 to allow the country’s tax…
News
DisCos hit 94.61% energy offtake in Q4 2024 – NERC
The Nigerian Electricity Regulatory Commission has reported that electricity distribution companies achieved a cumulative energy offtake performance of 94.61% in the fourth…
MTN challenges Netflix, Showmax with launch of streaming platform
One of Africa’s leading telecommunications providers, MTN Group, has entered a strategic partnership with UK-based video software firm Synamedia to create a…
Lagos issues 100+ contravention notices for illegal land reclamation
The Lagos State Government, through the Ministry of Waterfront Infrastructure Development, has served over 100 contravention notices to individuals and developers engaged…
Experts support Reinsurance’s AI strategy for sector growth
Stakeholders in Nigeria’s insurance industry have expressed support for Nigeria Reinsurance Corporation’s new AI strategy, commending its balanced approach. Public affairs commentator,…
European stocks dive to 16-month low amid global recession fears
European shares hit a 16-month low as investors reacted to fears of a recession following the United States tariff announcements. Despite China’s…
Bitcoin crashes to $77K as global market bleed from Trump tariffs
Bitcoin plunged to a near one-month low in early Monday trading, extending a week-long decline as global markets reeled from escalating economic…
FRC cancels suspension on audit firm partner
The Financial Reporting Council has lifted the three-month suspension of Mr. Abel Onyeke, a partner at Nexia Agbo Abel & Co. This…
Petrol price may crash to N400/litre as crude oil prices dip — Refiners
The Crude Oil Refinery Owners Association of Nigeria has projected that the pump price of Premium Motor Spirit (petrol) could drop below…
FG, AfDB partner to launch agro-industrial zones programme
The Federal Government of Nigeria, in collaboration with the African Development Bank, will officially launch Phase One of the Special Agro-Industrial Processing…
FG raises alarm over impact of Trump’s tariffs on Nigerian exports
The Federal Government has expressed concern over the negative impact of newly imposed United States tariffs on Nigeria’s oil and non-oil exports.…
Taiwan’s President meets tech leaders to address US tariffs
Taiwan President Lai Ching-te met with top technology industry executives on Saturday to strategize responses to newly announced U.S. import tariffs, pledging…