Bank MD Jailed: 12-Year Sentence for N135M Fraud
A Nigerian High Court has convicted and sentenced a bank Managing Director to prison for misappropriating customer funds totaling N135 million in a landmark financial crime case.
Category : Business
Fuel Price War: Depot Owners Cut Rates to Match Dangote
Nigerian fuel depot owners have dramatically reduced petrol prices in response to competitive pressure from Dangote Refinery, bringing relief to consumers amid ongoing market shifts.
Ogoni People Suffer Despite Oil Wealth - MOSOP
MOSOP President reveals how Ogoniland remains impoverished despite massive oil wealth, demanding environmental justice and development from Nigerian government.
Stellantis Shares Fall Despite Sales Growth
Stellantis, the automotive giant behind Jeep, faces investor concerns as shares drop despite reporting increased sales. Discover the market forces behind this surprising downturn.
Nigeria's GDP Data Blackout: NBS Shutdown Bites
Nigeria faces economic uncertainty as NBS fails to release crucial GDP figures amid nationwide strike, leaving investors and policymakers in the dark about economic performance.
SWDC Plans to Transform Southwest Nigeria into Trade Hub
The Southwest Development Commission reveals comprehensive strategy to transform Nigeria's southwest region into Africa's next economic powerhouse through infrastructure, agriculture, and technology investments.
BYD Q3 Profit Jumps 33% as EV Giant Expands Globally
Chinese electric vehicle powerhouse BYD reports impressive 33% profit surge in Q3 2024, defying market slowdown and expanding global dominance with aggressive overseas strategy.
UN Climate Fund Hits Record $13.5B, Defends Loans
The UN's Green Climate Fund announces historic funding year while defending its loan-based approach to climate finance in developing nations.
APC's Emami Warns Against 15% Fuel Import Tariff
Prominent APC leader Henry Emami raises urgent concerns about Nigeria's planned 15% fuel import levy, predicting severe economic consequences including higher transportation costs and increased inflation for ordinary Nigerians.
Anambra Tops Nigeria's Fiscal Performance Ranking
Anambra State has emerged as Nigeria's top-performing state in fiscal management, according to the latest state performance ranking report. Discover which states made the top five and how your state performed.
15% Tariff Hike: Why Nigerians Are Furious
The Federal Government's controversial 15% tariff increase faces massive backlash from economists and citizens who argue it will cripple businesses and deepen poverty across Nigeria.
Poland's Birthrate Crisis May Create Ghost Towns
Poland faces a demographic emergency with birthrates hitting record lows, raising fears of abandoned towns and economic collapse within 20 years without urgent intervention.
Lagos Most Expensive Estates 2025 Revealed
Discover the top 10 most exclusive residential areas in Lagos where luxury meets premium living. From Banana Island to Ikoyi's golden streets.
Peter Obi: Nigeria Shouldn't Be Among Hungry Nations
Former presidential candidate Peter Obi delivers scathing critique of Nigeria's agricultural failures and food insecurity crisis, demanding urgent government action.
Nigeria Bans Raw Material Exports Without Local Processing
Nigeria takes historic step toward economic transformation as lawmakers mandate minimum 30% local value addition before raw material exports, aiming to boost industrialization and create jobs.
Tinubu Boosts Local Medicine Manufacturing in Nigeria
President Tinubu's administration takes decisive action to revolutionize Nigeria's pharmaceutical sector with new policies aimed at boosting local medicine manufacturing and reducing import dependency.
NCC Signs Mega Deal to Boost 5G Network in Nigeria
Nigeria's telecom sector gets major boost as NCC partners with leading infrastructure company to enhance 5G connectivity and network performance nationwide.
Nigeria's Single Window to Transform Cargo Clearance by 2026
The Federal Government launches ambitious National Single Window initiative to transform Nigeria's ports, targeting faster cargo clearance and boosting economic competitiveness across West Africa.
Western Union's Crypto Plan for Nigeria Remittances
Western Union partners with Stellar to launch USD-backed stablecoin, potentially revolutionizing how Nigerians receive money from abroad with faster, cheaper transfers.
Ethiopian Airlines Leads Nigeria International Travel
Ethiopian Airlines has emerged as Nigeria's leading international carrier, dominating passenger traffic and expanding its African network despite aviation challenges.
Helicopter Crash: Miracle Survival After Field Plunge
A helicopter crashed into an open field shortly after departure in the UK, with emergency crews rushing to the scene. Latest updates on the dramatic incident and survivor accounts.
Nigerian fishermen detained in Venezuela-Trinidad sea crisis
Nigerian fishermen face detention and boat seizures in disputed Venezuela-Trinidad waters, revealing dangerous maritime border tensions affecting West African sailors.
Nigeria's Ports Get Single Window Policy by 2026
The Federal Government announces revolutionary Single Window policy for Nigerian ports, promising to slash cargo clearance times and boost economic growth through digital transformation.
Navy dismantles illegal refinery, arrests 7 in Ondo
In a major security operation, the Nigerian Navy has dismantled an illegal refining site and apprehended seven suspects across coastal communities in Ondo State, dealing a significant blow to oil theft operations in the Niger Delta region.
Cooking Gas Prices Set for Major Drop in Nigeria
Cooking gas marketers predict substantial price reduction as Nigeria targets 6 million metric tonnes to meet growing consumer demand and ease economic pressure on households.
Africa Must Scale Energy Supply Quickly: Transcorp President
Transcorp President Owen Omogiafo calls for urgent expansion of Africa's energy supply at FII9 Summit, highlighting the critical link between reliable power and continental development.
Fire Service Saves Billions from Jabi Lake Mall Blaze
Federal Fire Service heroes prevent catastrophic losses as they battle fierce blaze at Abuja's Jabi Lake Mall, saving merchandise worth billions of naira in dramatic overnight operation.
Taxaide Technologies Appoints Emeka Obi to Board
Taxaide Technologies Limited, Nigeria's leading tax technology solutions provider, announces the strategic appointment of Emeka Obi to its Board of Directors, strengthening corporate governance and digital innovation.
CIoTA Champions Professionalism at Transport Summit
The Chartered Institute of Transport Administration of Nigeria emphasizes professionalism and institutional participation at major transport summit, calling for transformative changes in Nigeria's transport sector.
Apple Beats Earnings Forecasts with Strong Sales
Apple continues to dominate the tech world with better-than-expected earnings, driven by strong iPhone sales and growing services revenue. Discover how the tech giant is beating market predictions.
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