Swiss National Bank Cuts Interest Rate by 0.25%
The Swiss National Bank (SNB) has, on Thursday, cut interest rates for the first time since June 2022, becoming the first major central...
Police Busts Fake Alcohol Factory in Lagos, Arrests Four
The Nigeria Police Force busted an illicit factory producing fake alcoholic beverages in Lagos State. According to Benjamin Hundeyin, spokesperson for the state...
EFCC Arrests Instagram User for Predicting Its Chairman Olukoyede Death in Six Months
The Economic and Financial Crimes Commission (EFCC) has taken action against an Instagram user, Kayode Cole, for predicting the death of the EFCC...
SEC Rejects PZ Cussons’ Request to Buy Out Shareholders and Delist
The Securities and Exchange Commission (SEC) has halted PZ Cussons Nigeria’s attempt to acquire the company fully and take it private. This marks...
Access Holdings Set to Acquire National Bank of Kenya Ltd
Access Holdings, the parent company of Access Bank, has announced its plans to acquire the National Bank of Kenya Limited (NBK) from the...
Naira Hits N1400 Against Dollar in Parallel Market
On Wednesday, the Nigerian naira (NGN) exchanged for N1400 against the United States dollar in the parallel market. This represents a significant appreciation...
Bauchi Traditional Ruler Abducted by Gunmen Found Lifeless
Alhaji Garba Badamasi, the village head of Riruwai in Bauchi State, has been discovered dead after being abducted by gunmen. The assailants had,...
Pan African Towers Appoints Oladipo Badru as new Chief Financial Officer
Pan African Towers, a Nigerian digital infrastructure provider, has named Oladipo Badru its new Chief Financial Officer (CFO). The appointment follows recent investments...
Federal Court Orders Binance to Disclose Names and Details of its Nigerian Users to EFCC
A Federal High Court in Abuja has ordered Binance Holdings Limited to furnish the Economic and Financial Crimes Commission (EFCC) with details regarding...
Niger State Govt Allocates N976m for Ramadan Feeding
The Niger State Government has approved an allocation of N976 million for Ramadan feeding across the eight emirate councils of the state. This...
‘Market Cartels’ Responsible for Outrageous Cost of Sachet Water – FCCPC
The Federal Competition and Consumer Protection Commission (FCCPC) has strongly criticised the significant rise in sachet water prices by various associations. Speaking at...
NMGS Urges FG to Stop Lip Service and Tap Mining Sector for Economic Growth
The Nigerian Mining and Geosciences Society (NMGS) has called on the government to harness the potential of the mining sector to engage young...