Oil thieves in Nigeria are not slowing down in their desperation to continue their illegal business,…
Category: Business/Economy
Tax default: Tribunal orders MTN to pay $72.5m fine to FIRS
The Lagos State division of Tax Appeal Tribunal has ordered MTN Nigeria Communications to pay the…
Clark asks Tinubu to amend NDDC Act, remove Abia, Imo, Ondo
Leader of the Pan Niger Delta Forum (PANDEF), Chief Edwin Clark, has urged President Bola Tinubu…
CAC uncovers 189 fake companies linked to land allocation fraud in FCT
The Corporate Affairs Commission (CAC) says it has uncovered 189 fake companies used to secure land…
FX pressure worsens, as Naira hits N1,310/$1 in black market
The Naira, on Tuesday, fell to a record low of N1,310 per dollar following strong demand…
Tinubu applauds subsidy removal, exchange rate unification
Amidst the inflationary impact of the removal of petrol subsidy, President Bola Tinubu has insisted that the measure has achieved…
Senate resolves to probe money spent maintaining refineries since 2010
The Senate, on Tuesday, resolved to mandate its Committee on Downstream Petroleum to investigate all contracts…
Reps summon CBN Gov over FX ban lifting on 43 items
The House of Representatives has summoned Governor of the Central Bank of Nigeria (CBN), Mr. Yemi…
Naira continues free fall, now N1, 210 to dollar
The national currency – Naira – has reached a new low in its weeks-long downward spiral,…
FG seeks fresh $3.45bn World Bank loan to boost power, other sectors
The Federal Executive Council (FEC), on Monday, accepted a $3.45 billion loan proposal to fund five…