Custodians of Truth
Lagos State could face devastating environmental consequences from climate change, including the risk of submersion due to rising sea levels, Deputy Governor Dr. Obafemi Hamzat has warned. Speaking at a Strategic Stakeholders’ Meeting organized by the Lagos State Ministry of […]
First Bank has revealed plans to shift to a cloud-based procurement and financial platform as part of its efforts to boost operational efficiency and enhance service delivery. The migration is set to start on Saturday, October 26, 2024, and could […]
The Dangote Petroleum Refinery has started supplying Premium Motor Spirit (PMS), commonly known as petrol, directly to some oil marketers, bypassing the Nigerian National Petroleum Company (NNPC) Limited. This development has prompted more oil marketers to seek direct purchases from […]
The International Monetary Fund (IMF) has reported that the Nigerian naira is showing signs of stabilisation, largely due to recent interest rate increases and measures taken by the Central Bank of Nigeria (CBN) to address foreign exchange backlogs. This update […]
A Nigerian court has ordered the release of Binance executive Tigran Gambaryan after money laundering charges against him were dropped to enable him to seek medical treatment abroad. The Economic and Financial Crimes Commission (EFCC) withdrew the charges during a […]
President Bola Tinubu chaired the 19th meeting of the Federal Executive Council at the State House in Abuja, marking his first council session since returning from a two-week vacation in the United Kingdom and France. The previous council meeting took […]
More than 800 athletes and 200 officials will compete in the third edition of the Gov. Douye Diri National Wrestling Classics, scheduled for November 3 to 10, 2024, in Yenagoa. Organized by the Nigeria Wrestling Federation (NWF) in collaboration with […]
A global climate organization, supported by the Rockefeller Foundation and the Bezos Earth Fund, is piloting a solar mini-grid program in Nigeria aimed at addressing the country’s erratic power supply. According to a report by Bloomberg, the Global Energy Alliance […]
The Central Bank of Nigeria (CBN) has extended the suspension of processing fees on large cash deposits until March 31, 2025. With this extension, cash deposits over N500,000 by individuals and N3 million by companies will continue to be exempt […]
Nigeria has officially approved the sale of Exxon Mobil Corp’s onshore assets to Seplat Energy, concluding a $1.28 billion deal that had been pending for over two years. The transaction, initially agreed upon in February 2022, had been under regulatory […]