Fitch rating: Sanwo-Olu thanks Lagosians as State gets upgrade, three States to stable
April 28, 2025 The internationally renowned rating Agency has upgraded the Long-Term Foreign and Local-Currency Issuer Default Ratings (IDRs) of Lagos, Kaduna, Kogi, and Oyo states from ‘B-’ to ‘B’….
Oil prices stable amid economic uncertainty, OPEC+ supply fears
April 28, 2025 Oil prices were stable on Monday as investors weighed up uncertainty over trade talks between the U.S. and China, clouding the outlook for global growth and fuel…
At last, NDIC begins payment to Heritage Bank depositors
The Nigeria Deposit Insurance Corporation (NDIC) has started payment of N46.6 billion in liquidation dividends to depositors of the defunct Heritage Bank. This is contained in statement on Sunday by…
$220m FCCPC fine: WhatsApp appeals tribunal’s order, ruling
The Messaging platform, WhatsApp on Saturday said it disagreed with the Competition and Consumer Protection Tribunal’s ruling in favour of the Federal Competition and Consumer Protection Commission (FCCPC). The organisation…
Violations: Tribunal upholds FCCPC’s $220m fine against Facebook/WhatsApp
The Competition and Consumer Protection Tribunal today delivered its judgment in the appeal filed by Meta Platforms Incorporated (Facebook) and WhatsApp LLC against the Federal Competition and Consumer Protection Commission…
Comply with data privacy protection laws or risk N10m fine – FG warns firms, entities
April 25, 2025 The Federal Government says organisations and entities that fail to comply with data privacy protection laws and regulation risk penalty as high as N10 million. The Nigeria…
IMF wants Nigeria to deploy technology, reduce tax evasion
April 25, 2025 The International Monetary Fund (IMF) has urged Nigeria to broaden its tax revenue base in order to strengthen its fiscal policy. IMF Managing Director, Kristalina Georgieva, stated…
Edun meets investors, says forensic audit of NNPC Ltd. to commence soon – Edun
April 24, 2025 The Minister of Finance and Coordinating Minister of the Economy, Wale Edun has announced that a forensic audit of the Nigerian National Petroleum Company Limited (NNPC Ltd)…
Build buffers, be prudent in spending – IMF urges Nigeria
April 23, 2025 The International Monetary Fund (IMF), has urged Nigeria to be prudent in spending following implementation of hard economic reforms that has made it to save more revenue….
Starlink unleashes Gen 3 kit for faster, better Internet connectivity
The new Starlink Gen 3 kit is available on e-commerce stores like Konga.com. It is equipped with a Wi-Fi 6 chipset. The device has also seen a significant boost in…