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BusinessNews

Breaking: FCT Residents Loot NEMA Facility for Foodstuffs

Amidst growing economic challenges, residents in the Federal Capital Territory (FCT) have taken matters into their own hands by looting a National Emergency...

BusinessNews

House of Reps Summons Binance CEO to Appear in Nigeria by March 4th

The House of Representatives Committee on Financial Crimes has issued a seven-day ultimatum to Binance Chief Executive Officer, Richard Teng, demanding his appearance...

BusinessNews

CBN Revokes Licenses of Over 4,000 Bureaux De Change Operators

The Central Bank of Nigeria (CBN) has decisively revoked the operational licenses of 4,173 Bureaux De Change (BDC) operators. This information was disclosed...

BusinessNews

FG Mulls Slamming Binance with Fine of over $10 Billion, after Detaining Executives

Special Adviser to the President on Information and Strategy, Bayo Onanuga, has stated that Nigeria may slam Binance with a fine of over...

BusinessNews

Binance Says it will not Pay any fines to Nigerian Government

Contrary to the Nigerian government’s claim of potential $10 billion fines, Binance Holdings Ltd stated on Friday that it is not engaged in...

MTN Nigeria
BusinessNews

MTN Nigeria Records N740 Billion Forex Loss

MTN Nigeria Plc has reported a staggering pre-tax loss of N177.8 billion, starkly contrasting the N518.8 billion pre-tax profit recorded the previous year....

EditorialHealth

FG On Nurses Welfare: “Clip Their Wings, They Go Nowhere”

The past few weeks have been distressing for Nigerian nurses grappling with the potential realities of a new development in their profession. In...

BusinessNews

Breaking: Nigerian Authorities Detain Senior Binance Executives 

Following Nigeria’s recent efforts to regulate cryptocurrency exchanges and curb speculation on the naira, two senior executives at Binance have been detained in...

BusinessNews

“Customs is not heeding Form M rate directive”, Netizen Cries out to CBN

The Nigerian Customs Service (NCS) has come under scrutiny for disregarding the Central Bank of Nigeria’s (CBN) directive to base import duty on...

Nissan self-driving taxi service
BusinessNews

Nissan to Launch Self-Driving Taxi Service in Japan come 2027

Nissan Corporation has disclosed plans to introduce a self-driving taxi service in Japan, with trials set to begin in Yokohama in April 2027....

Nestle Nigeria Plc Loss
BusinessNews

Nestle Loses N104b Due to Naira Devaluation 

Nestle Nigeria Plc has revealed a loss before tax of N104 billion for the fiscal year 2023, a sharp contrast to the N71...

BusinessNews

Fire Razes 50 Shops in Kano Market, Destroys Property Worth N150m

A fire that broke out at midnight has resulted in the destruction of more than 50 shops and property valued at N150 million...