The federal government has denied the $150 million bribery allegations made by the Chief Executive Officer (CEO) of global cryptocurrency trading platform Binance Holdings Ltd, Richard...
The presidential candidate of the Labour Party in the last general election, Mr. Peter Obi, has described the Central Bank of Nigeria’s imposition of a 0.5%...
The Centre for the Promotion of Private Enterprise, (CPPE) has stated that the newly introduced cybersecurity levy and other numerous taxes imposed by federal, state, and...
The Economic Community of West African States (ECOWAS) has announced that Heads of States of its member states have agreed to raise $2.4 billion to establish...
The Chief Executive Officer (CEO) of Binance, the world’s largest cryptocurrency trading platform, The Chief Executive Officer (CEO) of Binance, the world’s largest cryptocurrency trading platform,...
The Central Bank of Nigeria (CBN) on Monday directed banks to start the process of deducting cybersecurity levy to be administered by the office of the...
The Apapa Command of the Nigeria Customs Service (NCS) has achieved a major feat by generating a staggering N672.1 billion in revenue between January and April...
The federal government has dismissed reports that the federal government is collaborating with other countries to set up a foreign military base in Nigeria. The Minister...
Cross Border Trade between the Democratic Republic of Congo (DRC) and Rwanda has significantly increased despite the two countries being embroiled in political tensions that might...
The Lagos State Government has temporarily shut down The Bay Lounge in Lekki over environmental violations, citing non-compliance with the state’s environmental protection directives. The announcement...
Nigeria has officially signed the Establishment Agreement for the Fund for Export Development in Africa (FEDA), an impactful investment platform managed by the African Export-Import Bank...
The president of the Democratic Republic of Congo, Felix Tshisekedi, recently explained why the Eastern influence is outshining the Western influence in Africa rating Russia and...
Operatives of the National Drug Law Enforcement Agency (NDLEA) have smashed an international drug syndicate with operations spanning Nigeria, South Africa, and Thailand. The agency’s two-week...
The British High Commissioner to Nigeria, Richard Montgomery, has said that trade relations between Nigeria and the United Kingdom (UK) currently stands at about £7 billion....
Prime Minister of Israel, Benjamin Netanyahu, has announced that his Cabinet has unanimously decided to shut down popular news outlet’s, Al Jazeera’s, operations in Israel. This...
The Democratic Republic of the Congo (DRC) has protested the role of multinationals like Apple in fueling conflict in the country by patronizing Illegally gotten Minerals...
The Economic Financial Crime Commission (EFCC) has refuted claims that it published a list of former governors currently under investigation for N2.187 trillion alleged corruption by...
The African Development Bank (AfDB) is targeting 200,000 jobs from the special agro processing zone (SAPZ) project in Anambra State. Dr. Chuma Ezedinma, Agricultural Economist with...
The Federal Government has pledged to expedite the passage of a legislative bill to boost the local automotive industry. This assurance was given by the President’s...
Gold and Royal artefacts that were looted during the British colonial rule were displayed in Ghana for the first time after the UK government historically returned...
Stakeholders in the tech ecosystem have said that role of local investor confidence is the path to woo foreign capital investment into Nigeria as the nation...
Nigeria and India will soon finalise a system of settling international trade between both countries in local currency following the second annual Joint Trade Committee (JTI)...
The Nigeria Customs Service (NCS), on Thursday in Abuja, launched its Advance Ruling System to improve trade facilitation. Additionally, the NCS held a stakeholder engagement event...
The Federal Ministry of Industry, Trade and Investment has announced that the N50,000 grant program for nano businesses covering one million applicants across the country is...
A Federal Capital Territory High Court, Abuja, on Thursday, fixed May 14 for the trial of Abayomi OluwaSesan who was indicted in a computer-related theft case...
The Abuja Chamber of Commerce and Industry (ACCI) has stated that the ongoing fuel shortages are obstructing business operations in the country. ACCI President, Emeka Obegolu,...
The Federal Ministry of Industry, Trade and Investment has extended the deadline for companies interested in managing the $10 billion Diaspora Fund to apply. The deadline...
The Economic Community of West African States (ECOWAS) Council of the Wise has warned regional governments against being proxy frontiers of foreign powers. The ECOWAS Council...
The Lagos State government has uncovered a network of makeshift apartments beneath the Dolphin Estate Bridge in the highbrow area of Ikoyi where tenants reportedly pay...
The International Criminal Police Organization for Africa (INTERPOL Africa) says they have completed the extradition papers for Nadeem Anjarwalla, Binance executive who fled detention in Nigeria....
The Centre for Promotion of Public Enterprise, (CPPE) has asked the Central Bank of Nigeria (CBN) to adopt a specific quarterly exchange rate for import duty...
Landmark Beach management has decided to deactivate its app and has issued a statement addressing its customers regarding the current developments surrounding plans for demolition. In...
Landmark Beach management has decided to deactivate its app and has issued a statement addressing its customers regarding the current developments surrounding plans for demolition. In...
The government of Japan says it wants Nigerians and its government to collaborate with Japanese companies to achieve stronger mutual economic growth. The Japan Ministry of...
President Bola Tinubu has stated that hardworking Nigerians are entitled to fair wages and improved welfare, emphasizing that his administration is committed to enhancing the conditions...
Tanzania and Kenya have resolved a longstanding trade spat over the export of poultry and poultry products between the two countries, said the East African Community...
Binance founder, Changpeng Zhao, has been handed a four-month prison sentence due to lapses that enabled cybercriminals and terrorist organizations to operate freely on the globe’s...
Recently, alarming reports have surfaced regarding the illicit use of doctored visuals from Channels Television to endorse fraudulent investment schemes. Channels Television, in response to these...
Canada’s Immigration Minister, Marc Miller, has announced that from September, international students will have the opportunity to work off-campus for up to 24 hours per week....
Coca-Cola Co. is preparing for listings on two stock exchanges, after previously deferring such plans. According to a report by Bloomberg, the beverage giant is contemplating...
One year has elapsed since former President Mohammadu Buhari approved the postponement of the 2023 population and housing census. The suspension was disclosed in a press...
In Canada, over one million foreign students are primarily restricted to low-wage, part-time jobs. This is due to youth unemployment figures in Canada currently hovering near...
Daniel Ek, the co-founder of Spotify Technology SA, has opted to sell off a portion of his shares in the audio-streaming giant after gross margin grew...
The Edo State Governor, Godwin Obaseki, has authorized an increase in the minimum wage for workers in the state from N40,000 to N70,000. The announcement was...
The Nigeria Customs Service (NCS) announced that it generated N498.07 billion in revenue for March 2024, amounting to an average hourly revenue of approximately N669.45 million...
The United States Congress has made proposals to extend the African Growth and Opportunity Act (AGOA) to all 54 African countries and also extend it to...
Fuel scarcity in the state and other major cities has led to higher fares and longer waits for Lagos residents dependent on public transportation for work...
The Oyo State Government has set aside N691.3 million to invest in any future rights issuances by Wema Bank Plc. The announcement was made in a...
Following a brief uptick on April 25, 2024, the NGX resumed its downward trajectory on Friday, April 26, concluding the week with minimal movement. The...
The Acting Senior Trade Commissioner, Deputy High Commission of Canada, Dindembolo-Zaya Kuyena, has said that Nigeria is the largest African foreign investor in Canada. He revealed...
A relatively unknown Dubai-based company is currently eyeing a $12.9 billion oil-for-cash deal with South Sudan. The company seeks to lend the country $12.9 billion in...
The President of the Trade Union Congress of Nigeria (TUC), Mr. Festus Osifo, announced that the anticipated new minimum wage is unlikely to be declared on...
The Manager of Calabar Ports, Olumati Festus, has disclosed that the port has not received a single container vessel in the past 25 years. This startling...
The United Kingdom has pledged to sponsor 50 green investment projects in Kenya worth £6.6 million to battle climate change. A total of 10 counties in...
The White House is contemplating granting temporary legal status and work permits to illegal immigrants who are married to American citizens. This is as a result...
At least 118 prison inmates escaped from a prison facility in Suleja, Niger state close to the Nigerian capital after heavy rains on Wednesday night damaged...
The Lagos State Government, on Thursday, closed Oniru Market in Eti Osa due to violations of environmental regulations. Tokunbo Wahab, the Commissioner of Environment and Water...
Uganda’s Ministry of Finance recently disclosed that gold trade in Uganda is back at the top becoming Uganda’s major export. This declaration was based on data...
Kenya’s importation of second-hand clothing from China jumped to 86.2% in the first quarter of the year. Second-hand clothing imports mostly from China is Kenya’s largest...
The World Bank has halted funding for a tourism project in Tanzania following allegations of severe harm inflicted on tens of thousands of villagers, as reported...
The China General Chamber of Commerce (CGCC) in Nigeria has stated that no Nigerian has faced discrimination or been denied entry into the Chinese supermarket located...
The Corporate Affairs Commission (CAC) said it has revoked the certificates of incorporation of two subsidiary companies of the Nigeria Postal Service (NIPOST). The two companies...
The Federal Competition and Consumer Protection Commission (FCCPC) has summoned the owner of a Chinese supermarket in the Federal Capital Territory (FCT) over allegations of discrimination...
The Federal Government has announced the launch of N200 billion Presidential Intervention Fund for Micro, Small and Medium Scale Enterprises (MSMEs) and manufacturers in Nigeria. Minister...
The Nigeria Police Force (NPF) have objected to the creation of state police, arguing that the country does not have the resources and infrastructure required for...