U.S. Blocks Nigerian’s Cryptocurrency Scam, Fines Perpetrator $50,000
Gloria A Nigerian national, Bimbo Toyin Akinyemi, has been caught attempting to defraud a Kansas resident of cryptocurrency, according…
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FG VAT Revenue Sees 9% Growth in Q2 2024
The Federal Government’s revenue from Value Added Tax (VAT) surged to ₦1.56 trillion in the second quarter of…
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Stock Market Turns Bearish Amid Petrol Price Hike
The Nigerian stock market ended last week on a bearish note, driven by rising petrol prices, which surged…
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US Seeks Consular Access to Detained Binance Executive Over Health Concerns
The United States is requesting consular access to Tigran Gambaryan, a Binance executive held at the Kuje custodial…
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NNPCL Dismisses Claims of Interference in Dangote Refinery’s Fuel Pricing
The Nigerian National Petroleum Company Ltd (NNPCL) has stated that Dangote Refinery and other local refiners are allowed…
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China to Boost Investment in Nigeria Following Strengthened Bilateral Ties
The Federal Government announced that China will actively promote increased investment in Nigeria as part of efforts to…
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Nigeria Approves First Floating LNG Facility with UTM Offshore
The Federal Government has granted UTM Offshore Limited a licence to construct a 2.8 million tonnes per annum…
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CAC to Enforce Sanctions on Unregistered PoS Operators After Deadline Expires
The Corporate Affairs Commission (CAC) has announced its intention to take action against Point of Sale (PoS) operators…
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Access Bank and Qatar Airways Extend Discounted Fares Until December 2024
Qatar Airways and Access Bank have announced an extension of their partnership, offering up to 12% discounts on…
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Naira Weakens to N1,640 per Dollar in Parallel Market
On September 6, 2024, the Naira fell to N1,640 per dollar in the parallel market, down from N1,620…
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