FCCPC Accuses Coca-Cola and NBC of Violating Consumer Protection Laws, Orders Remedies
The Federal Competition and Consumer Protection Commission (FCCPC) has accused Nigerian Bottling Company Limited (NBC) and Coca-Cola Nigeria Limited...
MTN Reports Financial Losses Amid Currency Depreciation and Inflation
MTN recently released its unaudited financial statement for the first half of 2024, covering the period from January to...
NOVA Bank Transitions to National Commercial Bank, Launches PHYGITAL Model
NOVA Bank has officially commenced operations as a National Commercial Bank with the opening of its first commercial banking...
Joe Biden Withdraws from Presidential Race
After weeks of speculation, Joe Biden has withdrawn from the presidential race. The announcement came late Sunday evening through the...
Dangote Counters Accusations of Producing Inferior Products
A recent report has stirred significant controversy surrounding the operations of Dangote Refinery, highlighting assertions of inferior product quality compared...
Airtel Africa Boosts NGX with N376 Billion Gain; All-Share Index Hits 100,503.21 Points Amidst Banking Stock Decline
Airtel Africa Plc led gains on the Nigerian Exchange (NGX) today with a 4.76% increase, contributing a N376 billion boost...
President Tinubu Secures Agreement with Labour Unions, Announces N70,000 Minimum Wage for Nigerian Workers
After weeks of negotiations and threats of a strike, the labour unions and the government have reached an agreement. On...
CBN Approves FX Sales to BDCs Amid Naira Volatility
To mitigate the impact of foreign exchange volatility, the Central Bank of Nigeria (CBN) has authorized the sale of foreign...
Parallel Market Dollar Rate Hits N1600/$1 Amidst Economic Pressures
Thursday July 18, 2024, according to sources compiled by Team Spectra, parallel market operators are currently offering dollars at...
“Customs Exchange Rate Reaches N1584/$1, Surpassing Official NAFEM Rate of N1581/$1 on July 17, 2024
Recently, the Nigerian Customs Service reviewed duties once more, setting rates slightly above the official closing rate at...
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