Business

  Data consumption reached 721,522 terabytes, the highest monthly consumption ever recorded, according to the Nigerian Communications Commission. Data obtained on Tuesday from the regulator’s website showed that this record surpassed December 2023, which stood at 713,200 terabytes. Active Internet ...

  The National Association of Telecommunications Subscribers has requested that the Nigerian Communications Commission extend the deadline scheduled for the disconnection of telephone lines not linked to National Identification Numbers beyond Friday, March 29, 2024. The subscribers’ body argued that ...

  In the face of economic uncertainties, Adron Homes stands as a beacon of opportunity, urging Nigerians to embrace courage, conquer fears, and seize the chance to become proud property owners. Regardless of financial constraints, Adron Homes offers incredible discounts ...

The Office of the National Security Adviser, ONSA, has called on the public and the international community to provide information that can assist law enforcement agencies in apprehending the Executive Manager of Binance for the African region, Mr Nadeem Anjarwalla, who escaped from ...

The Central Bank of Nigeria, CBN, has raised the Monetary Policy Rate, MPR, its benchmark interest rate to 24.75% representing 200 basis points increase from 22.75% in February The CBN however retained the Cash Reserve Ratio, CRR of commercial banks to 45% ...

  The Ministry of Industry, Trade, and Investment has directed applicants of the Presidential Conditional Grant Scheme to submit their National Identification Numbers as part of the necessary requirements to obtain a grant earmarked to cushion the effect that recent ...

  Access Bank Plc unveiled an offline banking platform, 901.ng on Friday, to provide customers with an additional channel to carry out their transactions and boost financial inclusion in the country. Financial inclusion in Nigeria has increased to 74 per ...

  The Federal Government has issued a call for a unified effort among West African nations to protect shared telecommunications infrastructure, following a recent internet outage that affected the region. The Executive Vice Chairman of the NCC Aminu Maida, made ...

  The Central Bank of Nigeria has issued a circular to Bureau De Change operators informing them of the sale of $10,000 to each BDC at a rate of N1,251/$1. This was contained in a circular signed by the bank’s ...

  The Federal Government has deducted over N415bn from state government allocations to service their external loans, according to findings by The PUNCH. This was according to data from the Federation Account Allocation Committee Disbursement reports published by the National Bureau ...

  The Federal Government has deducted over N415bn from state government allocations to service their external loans, as reported by The PUNCH. This was according to data from the Federation Account Allocation Committee Disbursement reports published by the National Bureau ...

The US Justice Department reveals that seven Chinese individuals have been charged with a major cyber-attack scheme, impacting millions of Americans and targeting government officials, businesses, and critics of China globally. The US Justice Department revealed a shocking cyber-attack by ...

Binance, a cryptocurrency platform, has reacted to the report that one of its detained executives, Nadeem Anjarwalla, escaped from custody in Nigeria The spokesperson for Binance confirmed Anjarwalla’s escape in a statement sent to the DAILY POST on Monday. DAILY POST ...

Nigerian punter and influencer, Mayor of Ekiti, has bagged the maximum price of a popular bookie, called Sportybet Mayor of Ekiti, bags N80m after months of loss Jubilation galore as the acclaimed ‘bookies nightmare’ bags N80m maximum price tag of ...

Detained Binance CEO, escapes from custody of Nigerian government Detained Binance CEO, escapes from custody of Nigerian government Nadeem Anjarwalla, one of the two Binance executives detained in Nigeria for alleged tax evasion and other offences, has escaped from lawful ...

A former executive at Yoozoo Games has been sentenced to death for poisoning the founder, Lin Qi over business disputes. Lin Qi, only 39 years old at the time, tragically passed away about ten days after being poisoned. The court ...

The Lagos State Police Command, on Thursday, announced that its operatives busted a fake drink factory in the Agege area of the state and arrested four suspects connected to the illegal factory This comes as the police stated they had ...

  FBN Holdings has appointed the former Chief Executive Officer of Europe, Middle East, Africa and Americas of Standard Chartered Plc, Viswanathan Shankar, and former banker, Olusola Adeeyo, as independent non-executive director and a non-executive director, respectively. In a notice ...

  The Managing Director of Ecobank Nigeria, Bolaji Lawal, has said that the creative industry can turnaround the fortunes of the Nigerian economy if harnessed. Lawal said this at a press conference on Thursday to announce the commencement +234 Art ...

  Access Bank has continued its expansion drive into key markets as it announced the deal to acquire the National Bank of Kenya Limited from the KCB Group Plc. This was disclosed in a statement filed by the parent company ...

  Providus Bank has said it will host the Providus Hive Fest, from March 30 to April 1, 2024, to celebrate creativity, culture, and community. According to the bank, the exhibition, which will take place at the Balmoral Centre in ...

The National Bureau of Statistics, NBS, has said the average retail price of a litre of kerosene rose from N1,329 recorded in January 2024 to N1,340 in February 2024 Kerosene price hits N1,340 In its Petrol Price Watch for February ...

  The naira rebounded against the United States dollar on Wednesday at the official and parallel markets, with the local currency recording a significant gain against the greenback at the black market.   This came as the Central Bank of ...

Meta’s Facebook, Messenger and Instagram apps have suddenly stopped working for the third time in a month, leaving millions unable to access their accounts The outage was first reported at around 10:45am ET, and has affected users in the UK, ...

Dangote, MTN and others have lost around N1.7tn to naira depreciation Dangote Group, Nestle Nigeria and MTN Nigeria, alongside four of Nigeria’s most capitalised companies, lost N1.7tn to the depreciation of the naira in 2023. According to an analysis of ...