Price hike: Tribunal dismisses suit against MultiChoice
The Competition and Consumer Protection Tribunal sitting in Abuja, on Tuesday, refused to grant a suit filed against MultiChoice, the operator of DStv and Gotv, over the recent price hike…
CBN releases $265m to airlines over repatriation challenges
The Central Bank of Nigeria on Friday, released $265m to airlines operating in the country, to settle outstanding ticket sales to check a brewing crisis in the country’s aviation sector.…
eNaira becomes USSD enabled from next wee
From next week, Nigerians will be able to open an eNaira wallet and conduct transactions by simply using a designated USSD code on any phone. To carry out these transactions, Nigerians will…
Makinde, Adebayo launch new ride-hailing service In Ibadan
A new ride-hailing company known as AfriCar has commenced operations in Ibadan, the capital of Oyo State and it intends to expand its services to other neighbouring states in the…
CBN to sanction customers converting naira to dollar
The Central Bank of Nigeria (CBN) on Tuesday read riot act to bank customers, especially politicians, converting naira to the dollar as electioneering spendings spike. The CBN, which also raised…
Bakers in Ebonyi to withdraw services from July 13
The Association of Master Bakers and Caterers of Nigeria (AMBCN), Ebonyi Chapter, says it will withdraw its services in the state from July 13 as directed by its national body.Mr…
NAICOM cancels Niger Insurance, Standard Alliance’s operational licences
The regulator of the insurance industry, the National Insurance Commission, has cancelled the Certificates of Registration of Niger Insurance Plc and Standard Alliance Insurance Plc. It disclosed this in a…
Banks record N1.21tn non-performing loans
The total non-performing loans in the banking sector hit N1.21tn as of the end of February 2022, figures obtained from the Central Bank of Nigeria have revealed. The CBN stated…
WAFU: Golden Eaglets qualify for U-17 AFCON
For the second time in less than one month, Nigeria underscored its stature in youth football on the African continent as five-time world champions Golden Eaglets reached the finals of…
CBN makes new plans to fix forex crisis
Central Bank of Nigeria (CBN) Governor Godwin Emefiele hinted yesterday of new plans to combat the nation’s forex crisis. He said the apex bank was looking beyond monetary policy measures…