Business
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CBN Approves Release of FX Code
The Central Bank of Nigeria (CBN) has announced the approval of the Nigerian Foreign Exchange (FX) Code, which will serve…
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Presidency Proposes Stricter Sanctions on Airlines over Flight Cancellations, Delays
The Central Results Delivery Coordination Unit (CRDCU) has proposed a review of the draft policy on sanctions for airlines to…
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Bitcoin surges past $107,000 again amid planned crypto regulation overhaul
Bitcoin, the world’s largest cryptocurrency by market value, surpassed the $107,000 mark in early trading on Wednesday, following the US…
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Stanbic IBTC presents rights issue of N148.7 billion at 50 kobo per share at ‘Facts Behind the Figures’
Stanbic IBTC Holdings has formally submitted its rights issue to the Nigerian Exchange (NGX), which involves the issuance of 2,944,772,083…
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Taiwo Oyedele Raises Concerns Over Trump’s External Revenue Service Plan
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms Taiwo Oyedele, has expressed concerns about the potential…
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PEBEC Plans to Establish Commercial Courts and Subnational Councils to Boost Nigeria’s Business Climate
The Presidential Enabling Business Environment Council (PEBEC) has unveiled a set of initiatives aimed at improving Nigeria’s business environment, including…
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CAC Registers 100,000 POS Operators in Formalisation Drive, Aims for 50% MSME Formalisation
The Corporate Affairs Commission (CAC) has successfully registered 100,000 Point of Sale (POS) operators under its formalisation initiative, aimed at…
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World Bank Sanctions Two Nigerian Companies and CEO for Corruption in Social Safety Net Project
The World Bank has imposed a 30-month debarment on two Nigerian companies, Viva Atlantic Limited and Technology House Limited, along…
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Rebased CPI to reflect current price volatility – NBS
The National Bureau of Statistics has announced that its rebased Consumer Price Index (CPI) will more accurately reflect current price…
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NCC Approves Telecom Tariff Increase, Capping Adjustments at 50%
The Nigerian Communications Commission (NCC) has approved a tariff increase for telecommunications companies (telcos) in the country, following a request…
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