Rescuers recovered at least 20 bodies from the sea off northern Senegal on Wednesday following a tragic incident where a boat carrying migrants bound for…
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Category: Business
Soludo Alleges Anambra Vigilantes Engage in Unholy Alliances with Criminals
Anambra State Governor, Prof. Chukwuma Charles Soludo, has leveled accusations against numerous vigilante members in the state, claiming they are complicit in collaborations with criminals,…
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Court Orders Telecoms to Halt Disabling Subscribers’ Lines Over NIN
In a significant development, trial judge Justice Ambrose Lewis-Allagoa granted an application for restraining orders filed by rights activist Olukoya Ogungbeje, temporarily halting telecom operators…
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Naira Devaluation Causes $3 Billion Loss in Dangote’s Wealth
Aliko Dangote, Africa’s wealthiest individual, has experienced a significant decline in his fortune, losing approximately $3 billion in the past week due to the devaluation…
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Current Black Market Dollar to Naira Exchange Rate
As of Saturday, February 24th, 2024, the black market (Aboki) exchange rate for the dollar to naira stands at N1750 for buying and N1765 for…
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Anambra Entrepreneur Michael Nzewi’s Company Sells i-Fitness Share for $12 Million
Cardinal Stone, an independent multi-asset investment management firm based in Lagos and led by Anambra-born mogul Michael Nzewi, has finalized the sale of its majority…
View More Anambra Entrepreneur Michael Nzewi’s Company Sells i-Fitness Share for $12 Million
EFCC Arrests 48 KWASU Students, 2 Others for Alleged Cybercrime
Operatives of the Economic and Financial Crimes Commission (EFCC) in Ilorin Zonal Command have apprehended 48 students of Kwara State University (KWASU) and two Malete…
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Nigerian Lawmaker, Hon. Augustine Ike, Attributes Economic Hardship and Market Distortions to Dangote Group and Government Actions
In an interview with the state-owned National Television Authority (NTA) on Thursday, February 22, Hon. Augustine Ike, a member of the Anambra State House of…
View More Nigerian Lawmaker, Hon. Augustine Ike, Attributes Economic Hardship and Market Distortions to Dangote Group and Government Actions
Fuel Scarcity Hits Lagos Hard, Motorists Endure Long Queues
Lagos, Nigeria’s bustling metropolis, is grappling with a severe fuel scarcity, leaving motorists stranded in endless queues at filling stations across the state. Despite the…
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Presidency Confirms Ban on Binance, AbokiFx, and Other Forex Platforms
The Presidency has officially acknowledged the ban on various online cryptocurrency and Foreign Exchange (Forex) platforms operating within Nigeria. Tope Fasua, the Special Adviser to…
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