The Central Bank of Nigeria (CBN) has introduced new directives for Payment Service Providers (PSPs), requiring enhanced routing protocols for Point of Sale (PoS) transactions. This...
Christopher Oruete, Secretary of Ronchess Global Resources Plc, has formally submitted a petition to Olanipekun Olukoyede, Chairman of the Economic and Financial Crimes Commission (EFCC), accusing...
The Federal Government has introduced a one-time fee of N50 on electronic transfers exceeding N10,000 into both personal and business accounts on the Opay platform. This...
The Corporate Affairs Commission (CAC) has announced that it will take decisive action against Point of Sale (POS) operators who failed to meet the September 5,...
The Central Bank of Nigeria (CBN) has resumed the sale of U.S. dollars to Bureau De Change (BDC) operators as part of efforts to stabilize the...
The Dangote Petroleum Refinery is poised to commence the sale of Premium Motor Spirit (PMS), commonly known as petrol, following a successful test run of its...
The CEO of Tingo Group, Mr. Dozy Mmobuosi, has been ordered by a U.S. federal court to pay over $250 million in fines following his involvement...
AbdulSamad Rabiu, Chairman of BUA Cement, has revealed that his company’s effort to sell cement at an affordable price of N3,500 per bag in 2023 was...
Collaborative for Frontier Finance (CFF), a leading Inclusive Finance Company based in Kenya, has announced the appointment of Chinwe Egwim as its new Chief Economist and...
Oando PLC has successfully finalized the acquisition of the Nigerian Agip Oil Company (NAOC) from Italian energy giant Eni for a total of $783 million. This...