< 1 mn read Reps order CBN to suspend cybersecurity levy The House of Representatives has directed the Central Bank of Nigeria (CBN) to withdraw the circular directing banks in the country, to start charging a 0.5% cybersecurity levy on all electronic transactions within the country. The motion was moved by the member representing the Obio/Akpor Constituency, Kingsley Chinda. […]
3 mn read Zenith Bank’s shareholders approve N125.59bn dividend Shareholders of Zenith Bank Plc Wednesday approved the proposed final dividend payment of N3.50 per share, bringing the total dividend for the 2023 financial year… Shareholders of Zenith Bank Plc Wednesday approved the proposed final dividend payment of N3.50 per share, bringing the total dividend for the 2023 financial […]
2 mn read The Chosen Data: Empowering Nigeria with affordable connections The Chosen Data: Empowering Nigeria with affordable connections The Chosen Data Company, a leading internet data provider, is proud to announce its third anniversary of providing affordable and innovative data and innovative services to individuals, businesses, and communities across Nigeria. Since its inception in 2021 by founder […]
2 mn read South African online casino player strikes gold with R189,000 win at Tusk Casino Online Tusk Casino In a thrilling display of fortune and skill, Tusk Casino announces a monumental win by Adelheid, a passionate player from South Africa, who secured an astonishing R189,000 from a mere R100 bet on the renowned casino slot game, Gate […]
2 mn read Nigerian Government Denies Binance Bribery Allegations The Nigerian government has rejected claims of attempted bribery made by Binance CEO Richard Teng, accusing the company of trying to divert attention from a criminal investigation with baseless accusations of bribery. In a press statement by Rabiu Ibrahim, Special Assistant to the Minister of Information and National Orientation, the […]
2 mn read Nigerian Stock Market Shrinks by N268Billion as Investors Cash Out Yesterday, the domestic stock market continued its downturn from the previous session, resulting in an overall capitalisation decrease of N268 billion. The Nigerian Exchange Limited All Share Index (NGX ASI) also suffered a decline of 475.18 basis points, or 0.48%, closing at 98,228.50 points. Market capitalisation similarly […]
< 1 mn read Osun residents bemoan high cost of foodstuffs, hunger, poverty. supermarket attendant said the price of five litres of vegetable oil was between N5,500 and N5,800. Foodstuffs Residents of Osogbo in Osun have lamented the high cost of food, urging the federal government to establish price control boards to regulate the cost of staple foods urgently. […]
< 1 mn read Tinubu’s govt conjuring magic to increase VAT without prices of goods going up in Nigeria: Taiwo Oyedele. Taiwo Oyedele, Bola Tinubu The Bola Tinubu administration is considering another increase in the value-added tax rate in Nigeria but maintains it has a secret sauce to keep prices of goods at the same rate across the country. […]
< 1 mn read FTX Collapse: Crypto customers to recover money lost plus interests. The payments will however take months before they take effect. Cryptocurrencies used to illustrate the story [Photo credit: VOI] […]
2 mn read Transcorp President Owen Omogiafo makes MIPAD Top 100 as company posts impressive Q1 results. Dr. Owen D. Omogiafo, President/Group CEO of Transcorp Group, has been recognized as one of the Most Influential People of African Descent (MIPAD) Global Top 100 Futurist & Innovators List. The list recognises individuals who have made remarkable contributions to shaping […]
2 mn read 3 Nigerian banks record largest growth in dividend payments in 2023 The banks made a lot of profit from the naira devaluation policy which led to increased dividend payout. Nigerian banks with the largest growth in dividend payment Shareholders of three Nigerian banks which include Access Holdings Plc, Fidelity Bank Plc, and FBN Holdings Plc […]
3 mn read A Symphony of Style and Innovation: Introducing the itel S24 A Symphony of Style and Innovation: Introducing the itel S24 Are you a young, vibrant content creator who loves to share your life with others through your smartphone? If yes, then you should check out the itel S24 and head to the nearest itel-authorised phone […]
3 mn read Official: Nigeria has no plans to host American, French military bases Nigeria’s Minister of Information and National Orientation, Mohammed Idris The Nigerian government said on Monday that it has no plan to host foreign military bases within its borders. Information Minister Mohammed Idris described as “false alarms” the suspicion among observers that the government was considering approving […]
2 mn read Akufo-Addo commits to aiding local manufacturing firms President Nana Akufo-Addo has assured local manufacturing companies in Ghana of government’s commitment to providing necessary support, especially in light of recent economic challenges. He made this commitment during a visit to Blue Skies Company Limited in Doboro, near Nsawam in the Eastern region. Blue Skies is a […]
< 1 mn read Binance claims Nigerian official asked for $150m bribe Cryptocurrency giant, Binance, has claimed the Nigerian government demanded $150 million bribe from them. This was revealed by New York Times in its report ‘Behind Nigeria’s Arrest of Binance Employee, Claims of a Bribe’ on Tuesday. NYT quoted Richard Teng’s recent blog post on the allegation. Teng […]
