The Money Lenders Association (MLA) has thrown its weight behind the measures taken by the Federal Competition and Consumer Protection Commission (FCCPC), aimed at ensuring ethical conduct in digital lending…
Business & Economy
Nigeria’s Foreign Reserves Plummet to Record Low, IMF Report Reveals
Nigeria’s foreign reserves have hit a historic low, plummeting to $24 billion in 2024 from $33 billion the previous year, according to a report from the International Monetary Fund (IMF).…
CBN Implements Second Customs Duty Rate Hike in Days, Sparks Concerns Among Businesses
The Central Bank of Nigeria (CBN) has once again increased the exchange rate for computing Customs duties at the country’s seaports. This marks the second adjustment in just three days,…
Leaked Memos: Presidency Calls For Sack Of Opposition Moles In Civil Service
The Presidency has called for an investigation into the civil service framework, in order to eliminate individuals it refers to as “moles” who are loyal to the main opposition party,…
Access Holdings Confirms Death of CEO Herbert Wigwe in Helicopter Crash; Interim CEO to be Announced Soon
Access Holdings Plc has tragically confirmed the death of its Chief Executive Officer, Dr. Herbert Wigwe, along with his wife and son, in a helicopter accident in the United States.…
National Agency For Food And Drug Administration And Control Insists On Ban Of Sachet Alcohol
The National Agency for Food and Drug Administration and Control (NAFDAC) has stated that it did not make a unilateral decision to ban the production of alcoholic beverages in sachets…