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Business and Economy

Crypto Prices Surge as Trump Announces Digital Currency Reserve

By Abigail Philip DavidCryptocurrency prices have surged sharply following U.S. President Donald Trump’s announcement of a plan to establish a Crypto Strategic Reserve...

Bitcoin slumps amid US tariff threats, crypto scandals

By Abigail Philip DavidBitcoin and other cryptocurrencies have seen a sharp decline in recent days, rattled by US tariff threats from President Donald...

MTN Reports N400bn Loss as Naira Devaluation Hits Earnings

By Abigail Philip DavidMTN Nigeria has reported a N400.44 billion loss after tax for the financial year ending December 31, 2024, attributing the...

Kogi Secures Agreement With China To Establish Free Trade Zone

Michael Onjewu, AbujaThe Kogi State government has announced an agreement with the People’s Republic of China for the development of the Kogi Hunan Special...

Nigeria and Belgium to Strengthen Economic Ties

By Abigail Philip DavidNigeria and Belgium are set to deepen economic cooperation, particularly in agriculture and food security, as both nations explore new...

Multichoice Announces Another Price Hike for DStv, GOtv Packages

By Abigail Philip DavidMultichoice has announced another price increase for its DStv and GOtv packages, set to take effect from March 1, 2025.In...

FAAC Meeting Postponed, Inflation Drops, and Key Business Updates

By Milcah TanimuThe Federation Account Allocation Committee (FAAC) has indefinitely postponed its February meeting due to a dispute over NNPC’s N1.7 trillion...

FG Inaugurates Tax Appeal Commissioners to Strengthen Revenue and Economic Reforms

The announcement was made in a statement on Wednesday by Mohammed Manga, Director of Information and Public Relations at the Ministry of Information and...

CBN Warns Banks Against Restricting ATM Withdrawals Below ₦20,000

By Abigail Philip DavidThe Central Bank of Nigeria (CBN) has cautioned banks against limiting customers to withdrawals below ₦20,000 per transaction at Automated...

Reps Demand Reversal as Telcos Implement Tariff Hike

By Abigail Philip DavidNigerian telecommunications operators have begun implementing a 50% tariff increase after receiving regulatory approval from the Nigerian Communications Commission (NCC)....

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