“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 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 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...
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...
Court Sets March 19 for Ruling on Nnamdi Kanu’s Bail Request
The Federal High Court in Abuja has scheduled March 19, 2024, as the date for ruling on the fresh bail application filed by...
Pakistan: Muslim Woman Almost Lynched for Wearing Dress with Arabic Inscriptions
An angry mob in Lahore, Pakistan, almost lynched a woman for wearing a dress adorned with Arabic calligraphy. The dress, bearing the word...
Just In: Heeding Peter Obi’s Advice, CBN Directs Customs to Base Import Duty on ‘Form M’ Date Exchange Rate
The Central Bank of Nigeria has directed the Nigerian Customs Service (NCS) to use the foreign exchange (FX) closing rate on the day...
Pay Expatriates in Naira, Completely Ban Dollars – Ned Nwoko advises FG
Nigerian Senator and entrepreneur, Ned Nwoko, has strongly proposed a ban on the use of dollars. During a Senate plenary session in Abuja...
Huge Geometric Plant Set to Give Aba, 9 LGAs in Abia 24/7 Power from Monday
A 188-megawatt Geometric Power Plant will be commissioned in Abia on February 26, 2024, to boost the region’s power generation. The commissioning of...
IMF Predicts Zero Growth Rate for Nigeria, Warns Naira May Depreciate Further by 35% in 2024
The International Monetary Fund (IMF) has predicted a further 35% depreciation of the Nigerian Naira in 2024, owing to the country’s production challenges....
Just in: FG Allegedly Restricts Crypto Exchange Platforms in Nigeria
The Federal Government of Nigeria have allegedly banned cryptocurrency platforms, including Binance, OctaFX, Coinbase, and others, to revive the naira and tackle currency...
FX Crisis: Tinubu’s SA recommends ban on Crypto, Binance and Others
Bayo Onanuga, Special Adviser on Information and Strategy to President Tinubu, has recommended a ban on all cryptocurrency exchange platforms. He said this...