Business

The Federation Account Allocation Committee has announced the indefinite postponement of its February 2025 meetings. FAAC Secretary, Ali Mohammed, disclosed this in a statement released on Thursday. “Further to our earlier notice…
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The Nigeria Labour Congress, NLC, has directed members working in the Thirty Local Government Areas, LGAs of the State to withdraw their services with effect from tomorrow. The State Chairperson, Dr. Christopher Arapasopo gave the…
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Jolatom Wine store has announced the opening of its latest brand store at Iwo Road, Ibadan, Oyo state capital. A statement on Saturday stated that the new store at Iwo Road marks a significant step for the company as it is the second…
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The Central Bank of Nigeria has threatened to penalise banks that compel customers to withdraw amounts lower than N20,000 per transaction from Automated Teller Machines. The apex bank disclosed this in a ‘Question and Answer’ explainer…
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The Central Bank of Nigeria (CBN) says charges will now apply anytime customers use the Automated Teller Machines (ATMs) of banks other than theirs. This was contained in a circular dated February 10, 2025, and addressed to all banks and…
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Minister of Power, Chief Adebayo Adelabu and the Managing Director of Ibadan Electricity Distribution Company, IBEDC, Engineer Francis Agoh, have held a meeting with the Management of the UCH with a view to finding lasting solutions to the…
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As controversies trailed the purported electricity tariff hike by the Federal Government, the Nigerian Electricity Regulatory Commission has issued regulations on the procedure for tariff reviews. The latest order, signed by NERC…
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Some oil marketers are beginning to change the logo of the Nigerian National Petroleum Company Limited on their filling stations, as the dealers dump the franchise deals with NNPCL due to the stiff competition in the prices of refined…
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The Nigeria Labour Congress (NLC) has suspended its proposed protest over the 50 per cent increase in telecommunication tariff. The decision was taken after the labour union met with the delegation from the Federal government led by the…
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The Nigeria Labour Congress (NLC) says it will embark on a nationwide mass rally on Tuesday February 4, 2025, in protest of the 50 per cent telecom tariff increase recently approved by the Nigerian Communications Commission (NCC).…
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