The Competition and Consumer Protection Tribunal (CCPT) in Abuja has granted an application for substituted service of an interim order restraining MultiChoice Nigeria Limited from […]
Category: Economy
Economy
Study Shows High Dependence on Fuelwood for Cooking in Kaduna, Nasarawa, and FCT
A study conducted by Bayero University Kano (BUK) in collaboration with the University of York and University College London has revealed that 94.4% of households […]
Vice President Shettima Meets US Deputy Secretary Campbell to Discuss Bilateral Issues
Vice President Kashim Shettima met with United States Deputy Secretary Kurt Campbell in Abuja to discuss matters of mutual benefit to both countries. The meeting […]
Binance Founder Changpeng Zhao Sentenced to Four Months in Prison for Money Laundering Violations
Changpeng Zhao, the founder of Binance, has been sentenced to four months in prison by a Seattle court for violating United States anti-money laundering and […]
Naira Ends April on Strong Note, Gains N28.15 Against Dollar
The Nigerian naira closed out the month of April on a positive note, gaining N28.15 at the official market to trade at N1,390.96 against the […]
INTERPOL Vows to Extradite Fleeing Binance Regional Manager for Africa
The International Criminal Police Organisation (INTERPOL) has declared its commitment to extradite Nadeem Anjarwalla, the fleeing Binance Regional Manager for Africa, to Nigeria to face […]
Fuel Scarcity Grips Nigeria: Commuters Stranded, Black Market Flourishes
Fuel scarcity has left commuters stranded nationwide, with many facing challenges getting to their destinations. The Nigerian National Petroleum Company Limited (NNPC Ltd) and oil […]
Nigerian Electricity Regulatory Commission Increases Meter Prices Amid Economic Challenges
The Nigerian Electricity Regulatory Commission (NERC) has announced an increase in the prices of single-phase and three-phase meters, citing significant changes in foreign exchange rates […]
CBN’s Ban on Fintechs Sparks Concern Among Bank Customers, Raises Questions on Financial Security
The Central Bank of Nigeria (CBN) has banned mobile money operators, including fintech firms, from onboarding new customers, causing panic among some bank customers. The […]
Naira Gains Ground Against Dollar, Appreciates to N1,275/$1
The Nigerian naira has shown signs of strengthening against the United States dollar, appreciating by N125 to reach N1,275/$1 over the weekend. This new rate […]