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Business

Zenith Bank Official Says CBN Money Transferred To Mrs Emefiele’s Account

A business relationship manager at Zenith Bank PLC, Ifeoma Ogbonnaya, has provided testimony in a Lagos High Court sitting in Ikeja, detailing the movement of funds from the Central...

Russia, China, Nigeria, Others To Form OPEC-Like Gas Cartel

Russia, China, Iran, and other key global gas suppliers including Nigeria are laying the groundwork for a new era in energy geopolitics with the...

Fuel Crisis: MEMAN Warns Nigerians to Shun Panic Buying 

The Major Energies Marketers Association of Nigeria (MEMAN) has cautioned Nigerians against panic buying of fuel amidst queues at filling stations across Lagos, attributing...

Why Oil Companies Buy Diesel From Illegal Nigerian Refineries – Expert

Tantita Security Services (TSS) Ltd., a surveillance firm owned by former Niger Delta militant leader Government Ekpemupolo, popularly known as Tompolo, has made startling...

Shettima Urges Foreign Investors To Explore Non-Oil Sectors

Vice President Kashim Shettima has advocated for substantial investments in non-oil sectors, emphasising agriculture, manufacturing, renewable energy, and digital innovation as pivotal areas with...

Band A Customers To Pay More As DisCos Raise Electricity Tariffs

Electricity distribution companies (DisCos) have announced a tariff hike for Band A customers, effective July 1, according to statements posted on their official social...

Oil Production: NNPC Declares States Of Emergency

The Nigerian National Petroleum Corporation, NNPC, has declared a state of emergency in its operation to ramp up oil production. The Group Chief Executive Officer...

Cardoso Urges Greater Regulation of Fintech, Others

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, emphasised the critical role of Non-Bank Financial Institutions (NBFIs) within the West African...

Tax Overhaul: FG To Exempt SMEs, Farmers From Paying Withholding Tax

The Federal Government has approved a comprehensive overhaul of its withholding tax regime. In the new regime, small businesses, some manufacturers and farmers will be...

BVN Troubles: NDIC Explains Delay in Paying Heritage Bank Depositors

The Nigeria Deposit Insurance Corporation (NDIC) has identified account name discrepancies in Bank Verification Number (BVN) linked to the alternate accounts of some defunct...

How My $130bn Fortune Will Be Managed After My Death – Warren Buffet

Multi-billionaire businessman and philanthropist, Warren Buffett, has announced a monumental change to how he wants his considerable wealth to be managed after him. In an...