MULTICHOICE SANCTIONED BY TRIBUNAL

Nigeria's Competition and Consumer Protection Tribunal, based in Abuja, fined Multichoice Nigeria N150 million for disputing the court's jurisdiction and ordered the business to...

U.S. TRACES $5.3M SCAM FUNDS TO HONG KONG, NIGERIA, OTHERS

The U.S. government has filed a civil forfeiture action to recover $5.3 million linked to a business email compromise (BEC) scheme that defrauded a...

Federal Government Secures $500m Dollar Loan For Electricity Sector

To tackle Nigerian complaints regarding electricity distribution companies, the federal government has moved swiftly to secure a loan of $ 500 million from the...

Electricity Tariff: DisCos Threatens Manufacturers Disconnection 

The distribution company licensed by the authority to provide electricity supply, DisCos, is on the verge of incurring huge losses due to manufacturers' refusal...

Nigerians Slam Govt’s for Reinstating Old National Anthem

Nigerians slam the federal government's decision to reinstate the old national anthem. On Wednesday, May 29, 2024, President Bola Tinubu, signed the National Anthem...

TOMATO INFESTATION RESPONSIBLE FOR HIKE IN PRICE: FG

Senator Abubakar Kyari, the Minister of Agriculture, has stated that the scarcity and high pricing of the country's key product are caused by a...

CBN Directive: Loan Repayment Interest Set To Increase 

The Central Bank of Nigeria (CBN) recently increased its interest rate. This could be better timing for those who have borrowed loans from banks, as it...

US SUPPORTS ECOWAS WITH $1BILLION

The United States Agency for International Development (USAID) has pledged $1 billion to the Economic Community of West African States (ECOWAS) to promote bilateral...

CIBN SWORN IN PIUS OLANREWAJU

On Tuesday 14th, May, Justice Owolabi Dabiri swore in Professor Pius Olanrewaju as the 23rd President/Chairman of the Council, Chartered Institute of Bankers of...

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