On Tuesday, Diageo announced the decision to sell majority stakes in its subsidiary Guinness Nigeria to Tolaram Group, becoming the latest multinational to...
ByMayowa DurosinmiJune 11, 2024The Nigerian National Petroleum Company Limited (NNPCL) has denied the allegations that it inflated Premium Motor Spirit (PMS/Fuel) subsidy claims by N3.3 trillion...
ByMayowa DurosinmiJune 11, 2024Non-European Union citizens applying for a Schengen visa will see an increase in fees starting June 11, 2024. The European Commission announced that...
ByConfidence UbaniJune 10, 2024The International Monetary Fund (IMF) has predicted that Nigeria’s economy will reach $1.85 trillion by 2029 in terms of Purchasing Power Parity (PPP)....
ByConfidence UbaniJune 8, 2024The European Central Bank (ECB) is set to announce a reduction in interest rates at its meeting in Frankfurt, Germany on Thursday. This...
ByConfidence UbaniJune 6, 2024The Naira has been omitted from the International Monetary Fund’s (IMF) Representative Exchange Rates for Selected Currencies for June 2024. This exclusion shows...
ByConfidence UbaniJune 4, 2024The Central Bank of Nigeria and the Nigeria Deposit Insurance Corporation (NDIC) have come under fire from Heritage Bank depositors following the revocation...
ByOluwasegun SanusiJune 4, 2024On May 26, Uchechukwu Innocent, an Onitsha-based businessman, received a total inflow of $49,718 in his Access Bank domiciliary accounts through Access Bank...
ByMayowa DurosinmiJune 3, 2024The Labour Party has urged workers’ unions to reconsider their indefinite strike and re-negotiate with the government for a new minimum wage. This...
ByConfidence UbaniJune 3, 2024The water supply to the National Assembly complex has been cut by members of the Parliamentary Staff Association of Nigeria (PASAN), an affiliate...
ByConfidence UbaniJune 3, 2024The Central Bank of Nigeria (CBN) has announced the immediate revocation of the banking license of Heritage Bank Plc, citing breaches of financial...
ByOluwasegun SanusiJune 3, 2024The Lagos Metropolitan Area Transport Authority (LAMATA) has announced that the 25% discount on fares for regulated public buses, ferries, and train services...
ByConfidence UbaniJune 3, 2024