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BY BLAISE UDUNZE Nigeria’s economy will be experiencing yet another round of reform; after the new tax implementation, the banking sector recapitalisation exercise will begin within less than three months until the March 31, 2026, deadline. The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, disclosed that 27 banks have …

Technology Company Globacom is steadily increasing mobile entertainment with the exclusive launch of Travel Saga, a premium gaming experience available only to Glo subscribers. This story-driven, role-playing adventure game delivers intense action, immersion, and competition, rivaling top titles like Call of Duty. Optimized for mobile, Travel Saga brings console-style gaming …

…Assures Nigerians on Price Stability, Listing of Refinery stocks   Dangote Refinery has reaffirmed its commitment to supplying Nigerians with premium-quality petrol (PMS) that meets global standards, in line with its vision of ensuring energy security for Nigeria and Africa. Speaking at a media briefing in Lagos, Mr. David Bird, …

Justice Emeka Nwite of a Federal High Court sitting in Abuja, on Tuesday, made an order remitting the case file of the Bauchi State Commissioner of Finance, Yakubu Adamu, back to the Chief Judge of the court for reassignment. The Commissioner is standing trial along with others over complicity in …

Rasheed Muraina, a Lagos-based entrepreneur, has yet to receive a refund of N1,050,000 from Moniepoint, a Nigerian fintech company, after mistakenly sending the money to the wrong bank account on August 10. This is despite a court order sent to Moniepoint on November 10, directing it to refund the money …

  Taiwo Oyedele, chairman of the presidential committee on fiscal policy and tax reforms, says that his role in implementing Nigeria’s tax reforms has exposed him to life-threatening situations. Oyedele made the disclosure on Tuesday in Abuja while speaking at a governance colloquium held to mark the 50th birthday of …

  Visa applicants from Nigeria, Brazil and over 70 other countries will face a temporary halt in processing at U.S. embassies and consulates. The suspension stems from new directives issued in Washington designed to tighten immigration controls over concerns about reliance on public welfare. The U.S. Department of State has …

  A Federal Capital Territory (FCT) high court has issued an order directing the Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC) to freeze N7.15 billion linked to Parallex Bank Limited. The interim order, handed down by Justice Hauwa Gummi of the high court in Asokoro, …

    The Nigerian Exchange Limited (NGX) has admitted an additional 3.16 billion ordinary shares of United Bank for Africa (UBA) Plc, to its Daily Official List, signalling a major enhancement of the bank’s market capitalisation whilst also deepening liquidity on the capital market. The NGX noted this in a …

  Tier-one lender, Fidelity Bank Plc, has reaffirmed its commitment to community development and educational empowerment with the donation of essential learning materials to schoolchildren in Makoko Community, Yaba, Lagos under its Fidelity Helping Hands Program (FHHP).   The outreach, which was facilitated by the bank’s Legal Services Division, saw …