Business

  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 ...

  Zenith Bank appoints Adaora Umeoji as first female CEO Zenith Bank Plc has announced the foremost banker, Dr. Adaora Umeoji as its new Group Managing Director and Chief Executive Officer. This appointment was disclosed on Tuesday, in a statement ...

South Africa’s rand weakened in early trade on Monday, at the start of a week that will include South African inflation figures and several major central bank rate decisions The rand traded at 18.8000 against the U.S. dollar, about 0.3% ...

Polaris Bank IWD Webinar: Guest Speakers Advocate Empowering Opportunities for Women. …as CEO, Kayode Lawal highlights the indispensable contributions of women to societal progress, economic development.   Lagos, Nigeria: March 18, 2024 – Polaris Bank’s International Women’s Day (IWD) webinar themed: ...

A dump site fire has razed a Sokoto market Dump site fire razes sokoto market, brand new motorcycles goneA section of Sokoto central market where motorcycles are sold has been razed by fire. It was learnt that the fire, which ...

  A real estate company, Pelican Valley Nigeria Limited, has installed industrial solar streetlights in all its estates in Ogun State. The Chief Executive Officer of Pelican Valley Nigeria Ltd, Dr Babatunde Adeyemo, in a statement, disclosed that at least ...

Nigerians may soon be importing yam for local consumption from China, the Permanent Secretary, Federal Ministry of Agriculture and Rural Development (FMARD), Ernest Umakihe, has said Umakihe stated this while speaking at a stakeholders workshop on repositioning yam as an ...

  FirstBank at 130: Enabling the Giants in Customers, Stakeholders By Bolaji Israel Like a fine wine, FirstBank has only improved with age, becoming more dynamic, innovative and trusted by the nation. This is a testament to the diligence and ...

Nike has unveiled the new away jersey for the Super Eagles of Nigeria It was unveiled today, Monday, March 18, 2024, ahead of AFCON 2025. Nike the global sports brand, on the company’s website shared the first look of the ...

Rotary International has allocated two million dollars to projects aimed at reducing child and maternal mortality in Nigeria over a three-year period. The President of the international group, Mr Gordon McInally, disclosed this during a community health engagement at LEA ...