Business News

Top 10: News Headlines 1. Money laundering: CBN places Cameroon, Vietnam, Croatia on watchlist The Central Bank of Nigeria has asked Deposit Money Banks and Other Financial Institutions in the...

The Niger Delta Development Commission, on Thursday, said it had so far completed about 7,000 projects valued at over N1.66tn in the Niger Delta region, adding that 6,000 other projects...

The Group Chief Executive Officer, Nigerian National Petroleum Company Limited, Mele Kyari, on Thursday, announced that the NNPCL would be constructing another international gas pipeline worth about $8bn. NNPCL and...

The president of Nigeria, Bola Tinubu, and former vice president, Yemi Osinbajo have joined 30 million others on Meta’s (owner of Facebook, Instagram, and WhatsApp) new platform, Threads. This is...

The Central Bank of Nigeria has asked Deposit Money Banks and Other Financial Institutions in the country to increase monitoring of transactions with businesses and persons in and from Cameroon,...

Point of Sale operators in the country have protested plans by the Federal Government to sanction them for allegedly colluding to hike their transaction charges. This came as the Federal...

Months after the Maritime Workers Union of Nigeria requested that terminal charges be reviewed upwards, Ports & Terminal Multipurpose Limited has announced a 36 per cent increase in tariff on...

Nigerian insurers transferred 74.8 per cent of income  generated from oil and gas businesses  to their foreign counterparts in the first quarter of 2023, Q1’23, in breach of the regulatory...

Power consumers, on Wednesday, kicked against the export of about N23.13bn worth of electricity from Nigeria to some neighbouring countries in 2022 despite the widespread darkness witnessed in many Nigerian...

1. FG may sanction PoS agents over price fixing The Federal Competition and Consumer Protection Commission has stated that it is investigating price fixing attempts by Point of Sales agents...