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In a move that has left many Nigerians grappling with financial concerns, Multichoice, the owners of DSTV Nigeria, has announced another subscription fee increase. This hike, which amounts to at least 16 percent depending on the bouquet, follows a previous fee adjustment earlier in the year...
In response to the unfortunate incident on Monday, November 6, 2023, where the national president of the Nigeria Labour Congress (NLC), Comrade Joe Ajaero, was manhandled in Imo State, organized labor has declared a nationwide strike scheduled for Wednesday, November 8, 2023.
Deputy president...
In a historic move, France has announced its commitment to repatriate $150 million looted by former Nigerian military leader, General Sani Abacha. The announcement was met with praise from President Bola Tinubu, who commended France for their decision. The development comes as a significant step...
Retail lender, Unity Bank Plc has recorded gross earnings of N38 billion for the nine-month period ended September 30, 2023, with customer deposits appreciating by 5% to N344.4 billion within the period, an indication of business growth and customer confidence in the Bank.
A review of the...
Nigeria
Nigerian Naira Experiences Remarkable Appreciation, Surges to N1,040 Against the Dollar in Parallel Market
In a surprising turn of events, the Nigerian naira witnessed a remarkable appreciation against the U.S. dollar in the parallel section of the foreign exchange market. On Friday, the local currency soared by N145, marking a substantial increase of 12.24 percent, reaching the impressive exchange...
Aisha Rimi, recently appointed as CEO of the Nigerian Investment Promotion Commission (NIPC) by President Bola Tinubu, faces scrutiny over alleged corruption. In 2018, the Economic and Financial Crimes Commission (EFCC) launched an investigation after suspicious transactions involving over N3...
![[VIDEO] Why Nigerian Lawmakers Chose for Luxury SUVs - Senator Ndume](/data/attachments/198/198689-4d3554e0def328779101773f51d6d5cb.jpg?hash=TTVU4N7zKH)
Senator Ali Ndume has revealed that the controversial presidential yacht, included in the 2023 supplementary budget, has been delivered but not yet paid for. In an interview with ARISE NEWS, Ndume clarified that the presidential yacht is not a new item, as it has already been delivered, and the...
The UK Foreign, Commonwealth, and Development Office has issued a warning to its citizens in Nigeria, advising against travel to Imo, Bayelsa, and Kogi States due to heightened risks associated with off-cycle gubernatorial elections. The advisory, posted on its website, emphasizes the potential...
Interswitch, a prominent African payments and infrastructure company, is reeling from a massive financial setback after suffering a loss of approximately ₦30 billion due to a chargeback fraud incident.
According to court documents reviewed by TechCabal and insiders familiar with the matter, a...
Chief Whip of the Senate, Senator Ali Ndume, revealed that the controversial presidential yacht deal, included in the supplementary budget, has been signed and delivered but not yet paid for. Ndume made this disclosure in an interview with Arise Television, stating that the N5 billion allocation...
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