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Business & Economy

CBN Gov. Emefiele buckles, releases $265 million to airlines for unremitted ticket sales

Faced with the reality of total collapse of aviation sector in Nigeria, the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele announced...

Breaking: Nigeria’s real GDP grows by 3.54% in Q2 2022

Nigeria’s gross domestic product (GDP) grew by 3.54% year-on-year in real terms in the second quarter of 2022, an improvement compared to the 3.11%...

APCON changes name, bans foreign models on local advertising media

The apex advertising regulatory body, the Advertising Practitioners Council of Nigeria (APCON) has announced a change of name. The new name is Advertising Regulatory...

FG completes takeover of Kaduna, Kano, Ibadan and Port Harcourt DISCOs

The Federal Government has announced that it has successfully completed the takeover of struggling distribution companies, including Kaduna, Kano, Ibadan and Port Harcourt DISCOs This...

FG agency warns telcos against providing service to digital lenders under investigation

The chief executive officer of the Federal Competition and Consumer Protection Commission (FCCPC) has directed telecommunication companies to desist from providing connectivity services to...

Odu’a investment company presents LASG with share certificate

The Lagos State Government has officially become a co-owner of the Western Nigeria Investment Group, the Odu’a Holdings, the Group Chairman of the company,...

Mark Zuckerberg tightens security on WhatsApp, announces major changes

Mark Zuckerberg, billionaire owner of Facebook, Instagram and WhatsApp has revealed three new changes coming to WhatsApp. He said the new changes to WhatsApp, used...

NESG warns Buhari of dire consequences if current economic slide is not addressed

Private sector-led tink tank, the Nigerian Economic Summit Group (NESG) on Monday challenged the Buhari administration to take some bold and proactive decisions that...

Petroleum regulator upturns Buhari’s order selling Mobil unlimited to Seplat

The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe has rejected Nigeria’s President Buhari’s consent for the approval of...

Firstmonie agents carry out over 1 billion transactions

First Bank of Nigeria Limited, Nigeria’s premier and leading financial services provider has announced that its agent banking network – Firstmonie Agents – spread...

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