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Business and Economy

Cybercrime Spikes Amid The Global Economic Slowdown

Historically, crime rates tend to fluctuate with economic conditions—decreasing during times of prosperity and rising during downturns. Cybercrime, which was already on the rise,...

CBN Cuts Cybersecurity Levy to 0.005% on Electronic Transactions

By   Milcah  TanimuThe Central Bank of Nigeria (CBN) has reduced the cybersecurity levy on electronic transactions from 0.5% to 0.005% as part of its...

We Haven’t Been Given Any Fuel Pump Price to Enforce, Says Operations Controller NMDPRA

By Isaac Kertyo, MakurdiThe Operations Controller, Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) in charge of Benue State, Mr Muhammad Salihu, has clarified...

CBN Schedules MPC Meeting for September 21-22

By  Milcah   TanimuThe Central Bank of Nigeria (CBN) has scheduled its 297th Monetary Policy Committee (MPC) meeting for September 21 and 22. This meeting...

CBN Appoints New Board for Keystone Bank

The Central Bank of Nigeria (CBN) has reconstituted the board of directors for Keystone Bank as part of its strategy to drive sustainable growth...

Falana Criticizes NNPCL for Setting Dangote Petrol Prices

Human rights activist and Senior Advocate of Nigeria, Femi Falana, has criticized the Nigerian National Petroleum Corporation Limited (NNPCL) for setting the price of...

NMDPRA Seals Filling Stations and Fines Marketers Amid Rising Petrol Prices

By  Milcah   TanimuThe Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has sealed over 12 filling stations and fined three fuel marketers for allegedly...

Trade Surplus Alone Won’t Improve Economy,’ Says Pol Eco Analytics

Following the National Bureau of Statistics' (NBS) recent report of a N6.94 trillion trade surplus in the second quarter of 2024, Nigerian think tank...

NIN-SIM Linkage: Telcos Begin Disconnection Of 66m Phone Lines

Telecom operators have begun disconnecting about 66 million phone lines nationwide, in line with the federal government's directive on linking National Identification Numbers (NIN)...

$1.5 Billion Fund to Accelerate LPG Adoption in Africa

By  Milcah  TanimuThe Global LPG Partnership (GLPGP) and the African Refiners Distributors Association (ARDA) have announced a groundbreaking $1.5 billion fund to advance clean...

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