Nigeria

CBN to sanction banks rejecting mutilated currency

The Central Bank of Nigeria (CBN) has warned commercial banks over their rejection of dirty and mutilated naira banknotes from depositors, adding that they will face sanctions. The CBN issued this warning

55 mins ago

by Oluyemi Ogunseyin

NNPCL commissions 12 new CNG stations

The Nigerian National Petroleum Company Ltd (NNPCL) has announced that it recently commissioned 12 new Compressed Natural Gas (CNG) stations. The NNPCL made this announcement in a statement on its X handle

3 hours ago

Energy·Slide

KuCoin imposes 7.5% VAT for Nigerian users

KuCoin, a cryptocurrency exchange, has announced that it will start collecting a 7.5 per cent Value-Added Tax on transaction fees for users in Nigeria, effective July 8, 2024. The company made this

6 hours ago

Business

Siemens, PANA Infrastructure collaborate to enhance Nigeria’s power sector

Siemens, a leading global technology company and PANA infrastructure have announced their collaboration to tackle Nigeria’s electricity infrastructure sector. The partnership, according to them, is aimed at modernising and upgrading Nigeria’s

17 hours ago

National·News·Nigeria

From starvation to stability: How Nigeria can overcome hunger, hardship for a brighter future

By Yusuf Aliu Nigeria, the most populous country in Africa, is currently grappling with a severe crisis of starvation, hunger, and economic hardship. The urgency to address these issues cannot be overstated,

1 day ago

Opinion

Nigeria excluded from HBS programme over negative image — Obi

Labour Party (LP) chieftain, Peter Obi, has expressed sadness over the exclusion of Nigeria from the Harvard Business School (HBS) class of 2025 programme. Obi, in a statement on Wednesday, said Nigeria’s

1 day ago

Nigeria

Nigeria settles $850m debt to European airlines

The Federal Government has paid off the outstanding debt of $850 million owed to European airlines, the European Union (EU) has said. The EU Ambassador to Nigeria and ECOWAS, Samuela Isopi, revealed

2 days ago

News

NNPC declares state of emergency on crude oil production

The Nigerian National Petroleum Company Ltd (NNPCL) has declared a state of emergency on production in the country’s oil and gas industry. NNPC spokesman, Olufemi Soneye, in a statement on Tuesday said

2 days ago

Business·Energy

Photos: Katsina prays for rain

The Emir of Katsina, Alhaji Abdulmumini Usman, led a large gathering of residents on Tuesday in rain-seeking prayers held at 8:00 am at the Eid Prayer Ground Mosque. The prayers were conducted

2 days ago

News

FG exempts manufacturers, farmers from new withholding tax regime

The Federal Government (FG) said a simplified and business-friendly withholding tax regime has been approved. The FG has, however, exempted manufacturers and farmers. The Chairman of the Tax and Fiscal Reform committee,

2 days ago

National

Publicise probe on faulty presidential jet, ex-lawmaker tells National Assembly

A former Chairman of the Investigating Committee for Crude Oil Theft in the House of Representatives, Mark Gbillah, has called for the release of the House’s report on the investigation into the

2 days ago

News·Politics·Slide

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Nigeria

CBN to sanction banks rejecting mutilated currency

NNPCL commissions 12 new CNG stations

KuCoin imposes 7.5% VAT for Nigerian users

Siemens, PANA Infrastructure collaborate to enhance Nigeria’s power sector

From starvation to stability: How Nigeria can overcome hunger, hardship for a brighter future

Nigeria excluded from HBS programme over negative image — Obi

Nigeria settles $850m debt to European airlines

NNPC declares state of emergency on crude oil production

Photos: Katsina prays for rain

FG exempts manufacturers, farmers from new withholding tax regime

Publicise probe on faulty presidential jet, ex-lawmaker tells National Assembly

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