Business
Filling stations in parts of Lagos and Ogun states have reduced the price of petrol to an average of N1,205 per litre as of Sunday. The reduction followed the cut in petrol gantry prices by…
In this interview with OKECHUKWU NNODIM, the UAE Minister of Foreign Trade, Dr Thani bin Ahmed Al Zeyoudi, discusses the impact of tensions in the Middle East on UAE-Africa trade relations, supply chains, investment flows and investor confidence. Have the…
Marketing leaders, business executives and communications experts have called for a redefinition of the Chief Marketing Officer’s role, urging marketers to move beyond traditional brand management and focus on enterprise leadership, business growth and value creation. The call was made…
Real-world asset tokenization platform Securitize is one step closer to going public via a special acquisition company (SPAC) merger, after one of its filings was approved by the US Securities and Exchange Commission.The regulator approved the Form S-4 registration statement…
The Minister of Works, David Umahi, has expressed satisfaction with the pace and quality of work on the reconstruction and expansion of the 43.65-kilometre Mararaba–Keffi Road, reiterating the Federal Government’s resolve to end the era of abandoned and substandard infrastructure…
HTX, the crypto exchange linked to crypto entrepreneur Justin Sun, delisted the Trump family’s USD1 stablecoin after claiming World Liberty Financial wrongly froze the exchange’s addresses.“The World Liberty Financial (WLFI) project team recently stated that it has unilaterally imposed a…
The President of the Nigerian Society of Engineers, Ali Rabiu, has urged the Federal Government to take urgent and decisive steps to address Nigeria’s escalating security challenges and worsening economic hardship. A Sunday statement signed by the acting Executive Secretary,…
Nigeria has expressed readiness to leverage the €59m West Africa Sustainable Ocean Programme as part of intensified efforts to combat illegal, unreported and unregulated fishing and strengthen the sustainable management of its marine resources. The Special Adviser to the Minister…
The Nigerian Upstream Petroleum Regulatory Commission has commenced moves to harmonise regulatory processes with the Nigerian Nuclear Regulatory Authority as part of efforts to strengthen radiological safety in oil and gas operations and reduce the cost of doing business in…
The House of Representatives Public Accounts Committee has recovered N521.77m in unremitted Value Added Tax from the Central Bank of Nigeria, marking a significant breakthrough in an ongoing investigation into revenue leakages linked to government collections processed through the Remita…
Bitcoin (BTC) traders said that BTC holding above the $60,000 psychological support over the weekend was important as it recovered 6.5% from a local low near $59,100 to an intraday high of around $62,950 on Sunday.Key takeaways:BTC is eyeing a…
Strategy watchers were not disappointed on Sunday as executive chairman Michael Saylor took to social media to signal pending news on changes in the company’s Bitcoin holdings, hours ahead of the final tally of shareholder votes on a proxy measure…
The Federal Competition and Consumer Protection Commission (FCCPC) has denied reports that it secured presidential approval to restructure Nigeria’s airtime credit market and allow new operators to join the sector. In a statement issued on Saturday, Ondaje Ijagwu, the commission’s…
The Nigeria Customs Service has intensified efforts to strengthen international cooperation and trade relations, hosting ambassadors, high commissioners and heads of diplomatic missions in Abuja as part of moves to deepen partnerships aimed at boosting trade facilitation, border security and…
Bitcoin (BTC) threatens to “purge further” as realized losses in the 2026 bear market fail to beat records.Key points:Bitcoin realized losses have not yet surpassed the 2022 total despite market cap being higher.History suggests that a fresh round of capitulation…
Wema Bank has temporarily blocked communication on its account X, citing the need to protect customers from fraudulent activities and account impersonation. The lender disclosed the suspension of its engagements on X in a post on Sunday, urging customers to…
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