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BusinessNews

Paramount Global Lays Off 800 Employees to Cut Costs

Paramount Global has announced that it laid off approximately 800 employees, constituting around 3% of its staff. This significant workforce reduction is partly...

FinanceNews

Nigeria’s Crude Oil Production Dropped in January 2024- OPEC

The Organisation of Petroleum Exporting Countries (OPEC) has disclosed that Nigeria experienced a decline in crude oil production in January 2024. The intergovernmental...

FinanceNews

Auditor-General Asks CBN to Account for $4.5b Missing from Foreign Reserves

The Auditor-General of the Federation, Shaaka Kanyitor Chira, has queried the Central Bank of Nigeria (CBN) about a substantial $4.5 billion missing from...

BusinessNews

FCCPC Backs N10.5bn Fine on DisCos over Billing of Unmetered Customers

The Federal Competition and Consumer Protection Commission (FCCPC) has urged stronger sanctions against 11 electricity distribution companies (DisCos) for failing to comply with...

BusinessNews

NCAA to Set Up Committee to Tackle Outrageous Airfares

The Nigerian Civil Aviation Authority (NCAA) has announced plans to address the frequent rise in airfare costs. On Monday, Chris Najomo, the acting...

FinanceNews

NLC: “New Minimum Wage Should be N1 Million Due to Hardship”

Nigerian Labour Congress, NLC, has indicated it might push for a new minimum wage of up to N1 million for Nigerian workers. The...

BusinessNews

“We will Close Borders to Stop Food Shortage”- Kyari

Abubakar Kyari, the Minister of Agriculture and Food & Security, has disclosed that the Federal Government is considering closing the nation’s borders to...

NewsSports

Super Eagles Mourn As Five Died Watching the AFCON Semi-finals 

The Super Eagles of Nigeria have mourned the lives lost during their recent clash against South Africa in the ongoing African Cup of...

BusinessNews

Ecobank, Sendwave, Others Instructed to Pay Customers Money Sent From Abroad in Naira only

Nigerian banks have commenced the implementation of the Central Bank of Nigeria’s (CBN) revised guidelines on international money transfer operations. These regulations permit...

NewsSports

Obi Cubana’s Billionaire Friend, Chief Osondu Nwoye, Dies Watching Nigeria vs. South Africa Match

Chief Osondu Nwoye, a wealthy businessman who hails from Anambra State but resides in Abidjan, met his untimely demise while watching the Nigeria...

BusinessNews

NNPC to Transfer Significant Part of its Revenue to CBN 

The Nigerian National Petroleum Company (NNPC) Limited and the Central Bank of Nigeria (CBN) have reviewed their decision to centralize a significant portion...

Late Ayuba Abdullahi
News

KWASU Deputy Bursar Passes Away Watching AFCON Semi-Finals

Alhaji Ayuba Abdullahi, the deputy bursar of Kwara State University, Malete, passed away on Wednesday night while the AFCON semi-finals between Nigeria and...