CBN Raises Customs FX Duty Rate for Cargo Clearance by over 12%
Amid the depreciation of the Naira in the Nigerian Autonomous Foreign Exchange Market (NAFEM), the Central Bank of Nigeria (CBN) has raised the...
NCAA Denies Purchasing N250m Official Vehicle for Acting DG
The Nigerian Civil Aviation Authority (NCAA) has refuted claims of purchasing a 2022 Toyota Landcruiser worth N250 million for the acting Managing Director,...
Tinubu Participates in 2024 World Economic Forum Panel Session, Says He’ll Alleviate Hardship
Amidst persistent hardship, President Bola Tinubu has stated that removing fuel subsidies in Nigeria saved the country from bankruptcy. He said this on...
Petrol Scarcity to Last A Few Weeks More -IPMAN
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has stated that the ongoing petrol supply challenges are expected to persist for another two...
Honda to Build $11bn Electric Vehicle and Battery Plants in Canada
Honda Motor has announced plans to invest C$15 billion ($11 billion) in new electric vehicle (EV) and battery production plants in Ontario. This...
FDA Approves Pfizer’s First Gene Therapy for Haemophilia B
The United States Food and Drug Administration (FDA) has, on Friday, granted approval to Pfizer for its first-ever gene therapy. This marks a...
Mitsuko Tottori: From Flight Attendant to First Female CEO of Japan Airlines
Mitsuko Tottori, Japan Airlines’ newly appointed president, has outlined her vision for the company’s future. During her first media interview on Wednesday, she...
Oando Says It Recorded N78 Billion Loss in 2022
Oando Plc has released its 2022 Annual reports, consolidated and separate financial statements, revealing a staggering N78.71 billion loss. According to the company,...
Tinubu and Entourage to Visit Netherlands, Saudia Arabiafor Business
President Bola Tinubu is scheduled to depart Abuja on Tuesday, April 23, for an official visit to the Netherlands. Invited by Prime Minister...
Babcock University Confirms Death of Law Professor Shot by Gunmen
Babcock University in Ogun State has confirmed the tragic death of Professor Yinka Olomojobi, a renowned law scholar. The professor was shot dead...
Owner Of Chinese Supermarket Accused Of Discrimination Flees Premises With Family
The workers at an Abuja-based Chinese supermarket revealed on Monday that the owner, Cindy Liu Bei, along with her family, has fled from...
Army Dismisses Soldiers for Stealing Armoured Cables at Dangote Refinery
The Nigerian Army has dismissed Corporal Innocent Joseph and Lance Corporal Jacob Gani over their involvement in the theft of armoured cables at...