Finance

Foreign loans drive up capital importation by 19% to $330m

Increased loan inflows improved capital importation into Nigeria in January 2024 by 19 percent month-on-month, MoM, to $330 million from $280 million in December 2023. The Central Bank of Nigeria, CBN, disclosed…

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Gospel Music Icon Toun Soetan, Composer of ‘Darling Jesus’, Dies at 73

Veteran Nigerian gospel singer and songwriter Toun Soetan, popularly known as Evangelist Shouet, has passed…

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Tinubu Urges Media to Scrutinise States, LGs as Financial Autonomy Expands

President Bola Tinubu has called on media executives to extend the same level of scrutiny…

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Oyo Teachers Hold Solemn Assembly, Pray for Peace, Security

Teachers in Oyo State have been urged to be steadfast in prayers for the State…

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US Defense Chief Says Iran’s New Leader Khamenei Wounded After Strikes

US Defence secretary Pete Hegseth says Iran’s new Supreme Leader, Mojtaba Khamenei, was wounded and…

Nigerian Students Urged To Uphold Credibility as Ondo School Holds Annual Press Day  

Students of Oyemekun Grammar School have been urged to uphold credibility and responsible communication as…

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Lagos Government Warns Residents Ahead of Heavy Rain Fall From Month End

  The Commissioner for Environment and Water Resources, Tokunbo Wahab has urged residents to brace…

Just for You

Adamimogo 105.1FM Marks Second Anniversary in Ibadan

Ibadan-based radio station Adamimogo 105.1FM has celebrated two years of broadcasting, as attained a new…

Olu-Alo Backs INEC’s 2027 Election Date Despite Ramadan Clash

Founder of Christ Apostolic Church, Grace and Mercy Prayer Mountain Worldwide, Prophet Sam Olu-Alo, has…

Power Crisis Grounds Surgeries as UCH Workers Begin Five-Day Strike

Healthcare services at the University College Hospital (UCH), Ibadan, were thrown into disarray yesterday as…

INEC to Review Electoral Act, Promises Revised Timetable for 2027 Polls

The Independent National Electoral Commission (INEC) has indicated that it will reassess the Electoral Act…

Lasted Finance

Cybersecurity levy’ll further pauperise Nigerians —TUC, Obi, northern coalition

THE Trade Union Congress, TUC, of Nigeria, presidential candidate of the Labour Party in the 2023 elections, Mr Peter Obi,…

Naira depreciates further as dollar sales to BDCs wobble

The declining fortunes of the Naira persisted yesterday with further depreciation in the parallel and official markets due to the re-emergence of…

Reps knock Binance over bribery allegation

The Federal Government has described as blackmail, the allegation by the cryptocurrency exchange giant, Binance, that some officials demanded a…

N7.5bn fraud: EFCC grills 20 NSCDC contractors, 10 officers

The Economic and Financial Crimes Commission is probing 10 senior officers of the Nigeria Security and Civil Defence Corps over…

Shell paid over $1bn tax to FG in 2023

Shell Nigeria says it exclusively paid a total of $1.09bn in corporate taxes and royalties to the Nigerian government in…

BDC operators arrested as naira sells 1,416/$

Operatives from the Economic and Financial Crimes Commission on Tuesday reportedly arrested some Bureau De Change operators at the popular…

FULL LIST: 16 banking transactions not affected by new CBN’s cybersecurity levy

The Central Bank of Nigeria (CBN) has ordered all banks to start charging a 0.5 per cent cybersecurity levy on…

Value Of Real Estate Assets In Nigeria Unknown – NIESV

The Nigerian Institution of Estate Surveyors and Valuers (NIESV) has expressed concern over the inability of the government to produce…

EFCC grills six senior NSCDC officers over N6bn fraud

The Economic and Financial Crimes Commission has arrested six senior officers of the Nigeria Security and Civil Defence Corps over…

FG eyes $750m W’Bank loan, mulls telecom tax

In pursuit of securing a new $750m loan from the World Bank, the Federal Government may reintroduce previously suspended telecom…