The Nigerian Electricity Regulatory Commission (NERC) has approved electricity tariffs hike, effective January 1 2024, following a review of the Multi Year Tariff Order. Chairman of...
A Federal High Court in Abuja Wednesday declared null and void the provisions of the Nigeria Broadcasting Code authorizing the National Broadcasting Commission (NBC) to impose...
Shell has announced its withdrawal from oil exploration in Nigeria and has reached an agreement to sell its Nigerian onshore subsidiary, the Shell Petroleum Development Company...
The Naira is now trading above N1,300 to a United States dollars on the Peer-to-Peer cryptocurrency window on Tuesday. As it is with many traders, the...
NNPC Limited (NNPCL) said on Monday that it is seeking private companies that would operate and maintain its Port Harcourt refinery in Rivers State. On 21st...
The Lagos State Internal Revenue Service (LIRS) has communicated a reminder to employers of labour to submit their annual tax returns on or before the stipulated...
Billionaire investor Femi Otedola is currently ranked as the fourth richest individual in Nigeria with a valuation of $1.1 billion. According to the Forbes Billionaire Index...
Globacom Chairman, Dr. Mike Adenuga, Jr., is now reported to be worth $7.4 billion, according to the latest valuation report by Forbes. This surge in wealth...
A female staff member of Globus Bank, Amarachi Ugochukwu, has committed suicide in Lagos, attributing it to economic hardship. The 32-year-old left a note found beside...
Nigerian Federal Government plans to spend N450 billion on power subsidies and interventions in 2024. This is according to an analysis of the 2024 Nigerian Bulk...