EFCC disputes health claims of detained Binance executive
The Economic and Financial Crimes Commission has disputed health concerns raised by the family and legal team of Tigran Gambaryan, a detained…
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South Korean police investigate Telegram over deepfake sexual content
South Korean authorities have initiated an investigation into Telegram, examining whether the encrypted messaging app has played a role in the distribution…
Russian foreign minister criticizes Telegram founder’s mgt style
The founder of Telegram, Pavel Durov, who was recently arrested in France, was criticized by Russian Foreign Minister Sergei Lavrov on Monday…
CIBN urges fiscal, monetary authorities to collaborate for economic growth
The Chartered Institute of Bankers of Nigeria has called for increased collaboration between the country’s fiscal and monetary authorities to drive sustainable…
Debt servicing consumes 64% of Nigeria’s 2024 foreign payments – Report
Nigeria has spent $2.78 billion on foreign debt servicing in the first seven months of 2024, according to data from the Central…
FG cracks down on illegal miners in Kogi, Ondo
The Federal Ministry of Solid Minerals Development has intensified its crackdown on illegal mining activities in Kogi and Ondo states, leading to…
Nigeria’s maize cultivation hits 14-year low despite record yields
Nigeria’s corn production has reached its lowest point in 14 years, with the total landmass dedicated to corn fields shrinking significantly. Data…
Dangote petrol set for rollout soon
The Dangote Petroleum Refinery is poised to begin the sale of Premium Motor Spirit, commonly known as petrol, according to authoritative sources.…
Zenith Bank records N2.1tn half-year gross earnings
Zenith Bank Plc has reported a substantial 117% increase in gross earnings, rising from N967.3 billion in H1 2023 to N2.1 trillion…
Nigeria’s foreign trade payments plummet by 57%
Nigeria’s payments through Letters of Credit have significantly declined, dropping by 57.04% to $391.91 million in the first seven months of 2024,…
FG to allocate $800m for new power substations, distribution networks
The Federal Government has announced plans to release $800 million for the construction of new power substations and distribution networks under the…
Nigerian travel agencies, Emirates to discuss dollar airfare dispute
The National Association of Nigeria Travel Agencies is scheduled to meet with representatives of Emirates to discuss the airline’s recent decision to…