The founder of the instant messaging platform, Pavel Durov, on Monday declared that the company is now profitable with revenue crossing $1 billion in 2024. The company, which launched its…
Business
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President Bola Ahmed Tinubu has reaffirmed his administration’s stance on the removal of fuel subsidies, describing the decision as a necessary and forward-looking policy to safeguard Nigeria’s economic future. Speaking…
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Business
Tinubu says poor planning, not economic hardship responsible for recent stampedes
by admin0001by admin0001President Bola Tinubu has attributed cases of stampede at palliative distribution centers in Nigeria to poor planning, rather than economic hardship. Tinubu while speaking at a media chat in Lagos…
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Business
Crypto regulation: Nigeria’s SEC hints some applicants may be disqualified
by admin0001by admin0001The Director-General of the Securities and Exchange Commission (SEC), Dr. Emotimi Agama, has hinted that some crypto companies, that have applied to be registered by the Commission may not meet…
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BusinessHealth
NAFDAC seizes unregistered food products worth over N3.8 billion in Lagos
by admin0001by admin0001The National Agency for Food and Drug Administration and Control (NAFDAC) has seized unregistered food products worth over N3.8 billion during a raid on a warehouse in Apongbon Oke Arin…
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Business
Nigerian telecom operators need tariff increase to improve service quality – ATCON
by admin0001by admin0001The Association of Telecommunications Companies of Nigeria (ATCON) has said that tariff adjustment in the telecommunications industry has become expedient for the operators to improve the quality of their voice…
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The Central Bank of Nigeria, CBN, has explained the introduction of a N100,000 daily withdrawal limit on point-of-sales, PoS, terminals as part of efforts to promote a cashless economy. Also,…