Business EFCC, Interpol launch full-scale investigation into N1.3tr CBEX fraud by Present Nigeria April 16, 2025 0 The Economic and Financial Crimes Commission (EFCC) has launched a full-scale investigation into a suspected N1.3 trillion crypto fraud linked... Read moreDetails
Business Nigeria’s inflation rate rose to 24.23 % in March- NBS by Present Nigeria April 16, 2025 0 The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate rose to 24.23 per cent in March 2025. The... Read moreDetails
Business FAAC: FG, States, LGs share N1.578trn March revenue by Present Nigeria April 16, 2025 0 The Federation Account Allocation Committee (FAAC) has shared ₦1.578 trillion among the Federal Government, states and local governments for the... Read moreDetails
Business GenCos threaten shutdown over unpaid N4tn debt by Present Nigeria April 15, 2025 0 Power Generation Companies have threaten a total shutdown of electricity generation in Nigeria following unpaid debts from the federal government... Read moreDetails
Business FCT: FCCPC seals shops rebagging rice in Utako market by Present Nigeria April 15, 2025 0 The Federal Competition and Consumer Protection Commission (FCCPC) has sealed several shops in Utako Market, Abuja, after uncovering deceptive practices... Read moreDetails
Business Oyetola orders NIMASA to begin process of CVFF disbursement by Present Nigeria April 15, 2025 0 The Minister of Marine and Blue Economy, Adegboyega Oyetola, has directed the Nigerian Maritime Administration and Safety Agency (NIMASA) to... Read moreDetails
Business Nigeria signs ECOWAS tariff offer, waives duties on 90% of intra-African trade goods by Present Nigeria April 15, 2025 0 Nigeria has officially gazetted and transmitted its ECOWAS schedule of tariff offers for goods traded in Africa to the African... Read moreDetails
Business Digital trading platform CBEX crashes, Nigerians lose N1.3tr by Present Nigeria April 15, 2025 0 A digital asset trading platform, known as CBEX allegedly swept over N1.3 trillion from investors’ accounts on Monday. This comes... Read moreDetails
Business US tariffs: OPEC cuts forecast for 2025 oil demand growth by Present Nigeria April 15, 2025 0 The Organization of the Petroleum Exporting Countries on Monday slightly cut its forecast for oil demand growth, citing the impact... Read moreDetails
Business Recapitalisation drive: CBN warns banks against illicit capital source by Present Nigeria April 15, 2025 0 The Central Bank of Nigeria, CBN, has cautioned deposit money banks against sourcing capital from illicit channels as part of... Read moreDetails