Business
Acquisition: Polaris Bank Gets New CEO, Retains Chairman
Polaris Bank has announced new board members after its acquisition by Strategic Capital Investment Limited. As part of the change...
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President Buhari Presents 2023 Budget of N20.5tr to National Assembly
Gbenro Adesina President Muhammadu Buhari today presented the 2023 appropriation bill of N20.5trillion budget to a joint session of the...
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NNPC Acquires Oando Filling Stations, Assets
The Nigerian National Petroleum Company Limited (NNPCL) has acquired all 380 Oando retail outlets, aviation and gas brands nationwide from...
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O’dua Investment Company to Revive Premier and Lagos Airport Hotels
In a bid to restore the pride of O'dua Investment Company, its Group Managing Director (MD)/Chief Executive Officer (CEO), Adewale...
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Naira Depreciates to N718 at Black Market
The Nigerian currency, Naira, has depreciated to its lowest level at the black market as students, exporters desperately look for...
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Naira crashes to N710 per dollar
The Nigerian currency, Naira, has crashed further in the parallel market, trading for N710 against the U.S. dollar on the...
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Naira Crashes to N630/$1 at Black Market
Nigerian currency, Naira, has dropped to a record low at the black market as forex scarcity gives room for traders...
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Bakers Set to Shutdown Production Nationwide in July
Bakers in Nigeria have reached an agreement to shut down their operations for two weeks in July, following the surge...
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Investor Slams Elon Musk with $258bn Lawsuit over Dogecoin
Elon Musk, Tesla, and SpaceX were hit by a $258bn (£210.2bn) lawsuit on Thursday by a Dogecoin investor accusing them...
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Lagos Partners Oando to Launch Electric Mass Transit Buses
Lagos State Government has signed an agreement on Monday with Oando Clean Energy Limited (OCEL) to roll out electric mass...
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Oluremi Tinubu Urges Traditional Rulers to Help End FGM, HIV/AIDS, Hepatitis
The First Lady of the Federal Republic of Nigeria, Senator Oluremi Tinubu, has called for active collaboration between traditional rulers...
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Detorrid Heritage Investment’s MD Bags 63 Years’ Imprisonment
Justice Olusola Adetujoye of the Oyo State High Court sitting in Ibadan, on Monday, April 28, 2025, convicted and sentenced...
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EFCC Uncovers Internet Fraud Training Centre in Benin
The Economic and Financial Crimes Commission (EFCC) has confirmed that internet fraudsters, popularly known as Yahoo Yahoo in Nigeria, have...
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Police Arrest 15 Suspected Kidnappers, Gunrunners in Nationwide Crackdown
A coordinated security operation by the Nigeria Police Force has led to the arrest of 15 suspected kidnappers and gunrunners...
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