The Federal Government will today, March 4, 2025, unveil a new payment platform to replace REMITA, which has been used for revenue collection. This was revealed in a memo from the Office of the Accountant General […]
Microsoft has announced plans to discontinue Skype, its long-standing video calling and messaging service, in May 2025. In a post via X on Friday, the company said users can transition to Microsoft Teams to retain […]
The U.S. Federal Bureau of Investigation (FBI) on Thursday said that North Korea is behind the theft of about 1.5 billion dollars in digital assets from a cryptocurrency exchange, .The company said hackers stole about […]
Dangote Petroleum Refinery & Petrochemicals has slashed the price of Premium Motor Spirit (PMS), or petrol, for the second time this month. It has cut N65 off the previous price of N890, bringing it down […]
Importers of petroleum products have lamented the repeated reduction of petrol prices by the Dangote Petroleum Refinery, The PUNCH reports. Some of the importers said dealers might be compelled to sell below their cost prices […]
The Senate Ad-hoc Committee Investigating Ways and Means has slammed the Central Bank of Nigeria, CBN, for frustrating its investigation into the N30 trillion facility provided to the last administration from 2015 to 2023. The chairman […]
Justice R.A. Oshodi of the Special Offences Court in Ikeja, Lagos, has set Wednesday, February 26, for a ruling on an application by former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, requesting the judge’s […]
Independent auditors raised significant concerns, cautioning that Unity Bank’s ability to continue as a going concern was at serious risk. In August 2024, the Central Bank of Nigeria (CBN) announced the merger of Unity Bank […]
A United Kingdom court in London has ruled that Nigeria LNG Limited (NLNG), the country’s largest gas exporter, must pay $380million to global commodity traders Vitol and Glencore over undelivered cargoes, ending a long-standing contractual […]
The Nigerian Senate has accused the Central Bank of Nigeria (CBN) of obstructing its investigation into the N30 trillion Ways and Means advances issued to the Federal Government under former President Muhammadu Buhari’s administration. The […]
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