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    Electricity consumers rose to 12.12m in Q4 2023 – NBS

    The number of electricity consumers rose by 410,000 from 11.71 million in the third quarter of 2023 to 12.12 million in the fourth quarter...

    Naira closes 1,309/$ as banks sell $2.5bn

    In the last two weeks, the Central Bank of Nigeria and other banking institutions have improved dollar supply to the foreign exchange market by...

    Dollar not selling at N1,000/$1, BDCs debunk viral post

    Contrary to the report making the rounds on X (formerly Twitter), Bureau De Change operators said there was no truth in reports that the...

    CBN, EFCC probe banks, firms over alleged forex racketeering

    The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has revealed that security agencies including the Economic and Financial Crimes Commission are currently...

    EU launches €9m energy projects in Nigeria

    The European Union, in continuation of its commitment to supporting the Federal Government in providing clean, affordable and sustainable energy for all, has introduced...

    CBN directs BDCs to sell dollar at N1,269

    The Central Bank of Nigeria has disclosed that it will be allocating $10,000 to each Bureau de Change operator at N1,251/$. This was contained in...

    Binance chief: FG contacts INTERPOL, soldiers held over detainee’s escape

    The Federal Government, on Monday, contacted the International Criminal Police Organisation and issued an arrest warrant for the apprehension of one of the detained...

    IBEDC records 1,459 energy theft cases in January, February

    The Ibadan Electricity Distribution Company said it has recorded 1,459 cases of energy theft by its subscribers between January and February 2024. This was disclosed...

    FG files tax evasion charges against Binance

    The Federal Government on Monday initiated proceedings against Binance, a prominent cryptocurrency exchange platform over tax evasion. The charges were filed at the Federal High...

    Must Read

    Wike’s loyalist rejects Fubara’s redeployment, resigns as Rivers commissioner

    The Rivers State Attorney-General and Commissioner for Justice, Prof. Zaccaeus Adangor, SAN has rejected his redeployment to the Ministry of Special Duties (Governor’s Office),...

    FG grounds Dana Air operations after Lagos airport incident

    The Minister of Aviation, Festus Keyamo has suspended Dana Airline operations due to concerns surrounding the safety and financial viability of their operations. One of...

    Anti-graft war turns Nollywood drama as EFCC goes after Yahaya Bello

    In the past few days, the nation has been riveted by the altercation between the Economic and Financial Crimes Commission and ex-Kogi State governor,...