The President of the Senate, Ahmad Lawan on Tuesday warned Multichoice Nigeria not to dare Nigeria by going ahead to hike the tariffs of its products while the matter is yet being investigated. Inaugurating a seven-member adhoc Committee of the Senate headed by the Senate Deputy Chief Whip, Aliyu Sabi-Abdullahi, …
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Flutterwave: The African Unicorn Built On Quicksand
On the night of Sunday March 20, 2022, a particular WhatsApp group wouldn’t stop buzzing. Word had got out that a big story that would shake the Nigerian tech space was coming out the next day. Rumour had it that the story was about Nigeria’s highest valued tech unicorn and that the …
Read More »CBN Fines UBA, Access Bank, Stanbic IBTC ₦100m For Hiding Crypto Deals
The Central Bank of Nigeria (CBN) imposed monetary sanctions on Stanbic IBTC Bank, Access Bank for permitting crypto transactions by customers in breach of a directive from the regulator last year, forbidding such deals, Bloomberg reported on Wednesday. While Access Bank, the commercial banking division of the country’s biggest lender …
Read More »Slovakia Agrees To Pay For Russian Gas In Rubles
Slovakia will pay for Russian natural gas in rubles if that’s what it takes to keep the commodity flowing, Slovak Economy Minister Richard Sulik has said on national television. “If there is a condition to pay in rubles, then we will pay in rubles,” Sulik said. He stressed that Russian …
Read More »Bolt/Uber Drivers To Start Warning Strike Next Month.
Greatest Nigerian e-hailing drivers The Time is Now to say enough is enough to the Exploitative and ill programmed business model of Bolt & Uber The rate of inflation has tripled the prices of every single commodity ranging from a sachet of pure water to motor spare parts. Yet instead …
Read More »Abodunrin set to emerge as Online Coach of the Year at Gage Awards
David Adeoye Abodunrin, a life coach and personal development expert with over 25 years of experience has been shortlisted alongside 4 others, and one of them will emerge the Online Coach of the year in the digital space at the 2022 Gage Awards. David Abodunrin, deeply passionate about helping people …
Read More »Nigeria’s Total Debt Could Reach N50 Trillion
Nigeria’s total debt could hit N50tn – Report THE Centre for the Promotion of Private Enterprise has said that Nigeria’s debt, including that of the Asset Management Corporation of Nigeria and borrowings from the Central Bank of Nigeria, can hit N50tn within the shortest possible time. The Chief Executive Officer, …
Read More »CBN Urges Nigerians To Shun Activities With Unlicensed Financial Operators
The Central Bank of Nigeria (CBN) has advised Nigerians to avoid dealing with unlicensed or illegal financial operators in the country through its Financial Services Regulation Coordinating Committee (FSRCC). The advice was given by the CBN through the FSRCC in a statement posted on its website on Monday. According to …
Read More »Elon Musk Snaps Up $3bn Twitter Stake, Becomes Twitter’s Largest Shareholder
Elon Musk has built up a 9.2% stake in Twitter, according to filings with the US Securities and Exchange Commission (SEC) on Monday. Twitter shares jumped 26% in pre-market trading on the back of the news that the world’s richest person holds shares worth almost $3bn in the micro-blogging platform. …
Read More »Nigeria Begins Urea Fertilizer Export To U.S, Brazil And Argentina
With the coming on stream of the Dangote Fertiliser Plant, in Lagos, Nigeria has commenced exportation of Urea-based fertiliser to the U.S, India, Brazil, Mexico and Argentina. Mr Devakumar Edwin, the Executive Director, Strategy Capital Projects and Portfolio Development, Dangote Group disclosed this on Sunday when the Minister of Information …
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