Nigeria Lost ₦94 Trillion To Business Closures, Multinational Divestments
The Nigerian Economic Summit Group (NESG) has stated that the harsh economic environment in the country has led to the closure of about 30 per…
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NAF Personnel Invaded Our Office, Flog Staffs, Looted Gadgets – IKEDC
The Ikeja Electricity Distribution Company (IKEDC) has confirmed a shocking attack on its office by over a dozen Nigerian Air Force personnel from the Sam…
Police Arrest Two Pakistanis For Kidnapping In Lagos
Operatives of the Lagos State Police Command have arrested two Pakistani nationals, Roman Gull, 19, and Aftab Ahmad, 28, for allegedly leading a kidnapping syndicate…
NAFDAC Arrests Man For Producing Fake Alcohol In Port Harcourt
The National Agency for Food, Drug Administration and Control NAFDAC has apprehended a man identified as Anthony Chidi at Mile 3 Market, Diobu, Port Harcourt,…
Violations: FCCPC Files Charges Against Multichoice
The Federal Competition and Consumer Protection Commission (FCCPC) has formally instituted legal proceedings against MultiChoice Nigeria Limited and its Chief Executive Officer, John Ugbe, for…
NAFDAC Blacklists Aveo Pharmaceuticals, Bans Tafrodol/Royal 225
A company named Aveo Pharmaceuticals, based in the outskirts of Mumbai, managed by Vinod Sharma is involved in the production, sale and exportation of a…
FG Confirms Plan To Pay ₦7.7 Trillion Fuel Subsidy Debts To NNPCL
The debt, which accumulated as an exchange rate differential for the importation of Premium Motor Spirit (PMS), spans from June 2023 to September 2024, when…
Why Exchange Rate Stability Is Not Sustainable – Experts
Amidst strong appreciation of the local currency, the Naira, in the foreign exchange market, there are indications that the fate of the currency is still…
CAN Threatens Legal Action Over Ramadan School Closures In Northern States
The Christian Association of Nigeria has issued an ultimatum to the governments of Bauchi, Katsina, Kano, and Kebbi states, demanding the reversal of their directives…
TMRAS: FG Dumps REMITA, Unveils New Revenue Collection Platform Today
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…