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Nigerian Banks Suffer N42.6 Billion Loss to Fraud in Q2 of 2024, Surpassing 2023 Total
Nigerian banks experienced a massive loss of N42.6 billion to fraudulent activities between April and June 2024. This was revealed...
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NAFDAC Issues Recall for Dove Beauty Cream Bar Soap Over Harmful Chemical
The National Agency for Food and Drug Administration and Control (NAFDAC) has issued a recall for Dove Beauty Cream Bar...
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Nigeria To Build First Floating LNG Facility
Nigeria is making waves in trying to harness its vast gas reserves with the approval of its first floating liquefied...
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DSS Arrests NLC President Joe Ajaero at Abuja Airport Ahead of UK Conference
Operatives of the Department of State Services (DSS) have apprehended Joe Ajaero, the President of the Nigeria Labour Congress (NLC),...
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NASD PLC Faces Crucial Crossroads: VFD Group Calls for Strategic Overhaul Amid Financial Struggles
A critical power struggle is unfolding at NASD PLC as VFD Group PLC, a major stakeholder, demands a strategic...
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OPay Introduces New Fee for Electronic Transfers to Align with Federal Regulations
OPay has revealed a new fee structure for electronic transfers to personal and business accounts starting September 9, 2024....
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Special Adviser to President Tinubu, Ajuri Ngelale, Takes Indefinite Leave for Medical Reasons
Ajuri Ngelale, the Special Adviser to President Bola Tinubu on Media and Publicity, has announced he is taking an indefinite...
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Naira Weakens Against Pound, Struggles Amid Fragile FX Market
The local currency weakened against the British pound sterling in the last trading session, with the pound at N2,112.8/£1 on...
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CAC Moves to Suspend Unregistered PoS Businesses as September 5 Deadline Expires
The Corporate Affairs Commission (CAC) has initiated measures to enforce compliance among Point of Sales (PoS) businesses that have not...
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NNPCL Vice President Adedapo Segun Highlights Discrepancies in Current Petrol Pricing
Adedapo Segun, Vice President of Downstream Operations at the Nigerian National Petroleum Company (NNPCL), has expressed concerns that the current...
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