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business news
By Pius Awunah The Federal Airports Authority of Nigeria (FAAN) has launched a “go cashless policy” at the Nnamdi Azikwe International Airport, Abuja, to block revenue leakages and improve seamless…
The Central Bank of Nigeria (CBN) has introduced new operational guidelines for agent banking, setting a ₦1.2 million daily transaction cap per Point-of-Sale (POS) agent and a ₦100,000 daily limit…
The Nigeria Deposit Insurance Corporation (NDIC) has advised Nigerians to be vigilant against Ponzi schemes and other fraudulent investment platforms. The Managing Director of NDIC, Mr. Thompson Sunday, said this…
The Securities and Exchange Commission(SEC) has warned Nigerians about artificial intelligence (AI)-driven scams targeting investors with promises of guaranteed profits and fake celebrity endorsements. In a statement on Sunday,September 28,2025,the…
The Federal Government’s reported plans to divest significant stakes in joint venture assets managed by the Nigerian National Petroleum Company Limited(NNPCL),may be in jeopardy as two of Nigeria’s influential oil…
Banks’ customers have decried the delay by some banks to reverse their monies in the event of a failed transaction in the country. Some of them who spoke with the…
The Federal Inland Revenue Service( FIRS) has lost four senior staff members in the fire outbreak that engulfed Afriland Towers on Broad Street, Lagos, on Tuesday. The unfortunate incident, which…
The Joint Tax Board (JTB) has said that Nigerians without Tax Identification (Tax ID) can continue to operate bank accounts beyond January 1, 2026. The four new Tax Acts recently…
The federal government has revoked the 5% excise tax previously imposed on telecommunications services in Nigeria, a move expected to ease cost pressures for millions of mobile users. The tax,…
Nigeian National Petroleum Company Limited (NNPCL) has announced the appointment of two seasoned executives, Andy Odeh and Morenike Adewunmi, as the Chief Corporate Communications Officer and Chief Relations Officer, respectively.…
