The Federation Account Allocation Committee (FAAC) has shared a total of ₦1.928 trillion as revenue generated in November 2025 among the federal, state, and local governments. According to a communiqué
When Nigeria’s Supreme Court ruled in April 2025 that Fidelity Bank should pay more than ₦225 billion in a long-running loan dispute, the decision sent shockwaves through the banking sector.
Lawmakers issue four-day deadline for submission of documents The House of Representatives on Tuesday accused several Nigerian commercial banks of making unexplained deductions from customers’ accounts and failing to remit
The Corporate Affairs Commission’s push to clean up Nigeria’s fast-growing PoS ecosystem is already setting off a major industry split, with operator groups clashing over whether the new registration mandate
The Central Bank of Nigeria (CBN) has proposed a sweeping overhaul of penalties for issuing dud cheques, introducing a renewable five-year ban for individuals who repeatedly violate cheque-issuance rules across
Bitcoin slipped below the $90,000 mark on Tuesday, extending a month-long decline that has pushed the cryptocurrency into negative territory for 2025 amid a broader cooldown in speculative tech assets.
Dangote Refinery has moved to clarify the reason behind the recent drop in petrol pump prices across the country, saying the adjustment was driven purely by its internal price review,
The Founder and Chief Executive Officer of Nigerian auto manufacturer Nord Automobiles, Oluwatobi Ajayi, has accused Stanbic IBTC Bank of unilaterally debiting N700 million from the company’s account without prior
Eko Electricity Distribution Company (EKEDC) has confirmed Rekhiat Momoh as its new managing director and chief executive officer. Momoh had been serving as acting CEO since March 26, 2024, following
Tesla shareholders have approved what could become the largest compensation package in corporate history, a potential $1 trillion payout for CEO Elon Musk over the next decade. The record-breaking plan
