The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company (NNPC) Limited over the “failure to account for […]
Category: Business
Business
EFCC Set to Prosecute 300 Forex Racketeers in Major Crackdown!
The Economic and Financial Crimes Commission (EFCC) is set to prosecute 300 forex racketeers operating on a peer-to-peer platform outside financial regulations. This move comes […]
Dangote Refinery Slashes Diesel and Aviation Fuel Prices: N940 and N980 per litre!
Dangote Petroleum Refinery has once again made headlines by announcing a significant reduction in the prices of diesel and aviation fuel. The new prices, set […]
Commission Shuts Down Abuja Chinese Supermarket for Discriminating Against Nigerians
The Federal Competition and Consumer Protection Commission has shut down an Abuja-based Chinese supermarket for allegedly discriminating against Nigerians and restricting entry to only Chinese […]
Police Bust Adulterated Wine Factory in Ogun State!
The Zone 2 Police Command, Onikan Lagos, has uncovered a building in Ado-Odo/Ota Local Government Area of Ogun State used to produce adulterated wine and […]
Dangote’s Diesel Price Slash Aims to Tackle Inflation, States Aliko Dangote
Dangote Group’s President, Alhaji Aliko Dangote, announced a significant cut in diesel prices by the Dangote Refinery, a move expected to impact inflation positively. With […]
Oil Prices Slide as US Crude Stockpiles Surge!
Oil prices fell on Wednesday as new data from the United States government revealed a larger-than-expected increase in crude oil and fuel inventories. The report […]
Ogun State Shuts Down Environmental Consult Firm Over Infractions
In a bid to enforce global environmental standards, the Ogun State Government has closed down Tera Aqua Environmental Consult in Sango Ota for serious environmental […]
CBN Bars Foreign Currency as Collateral for Naira Loans in Major Policy Shift!
The Central Bank of Nigeria (CBN) has issued a circular prohibiting the use of foreign currency (FCY) as collateral for Naira loans, signaling a significant […]
Former CBN Governor Emefiele Remanded by Lagos Court for Alleged Abuse of Office
Former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, was remanded in the custody of the Economic and Financial Crimes Commission (EFCC) following his arraignment […]