Huggies Diaper Reportedly Sets to Leaving Nigeria Over Cost of Operation
Kimberly-Clark, the developer of the well-known diaper brand 'Huggies' and various sanitary pads, is preparing to close its production factory in Ikorodu, Nigeria, after...
JUST IN: Official exchange rate falls to N1520/$1
On Tuesday, May 14, 2024, the exchange rate between the Naira and the dollar decreased to N1,520.4/$ at the official NAFEM window, a 2.78%...
Best Practices for Evaluating Vendor Responses to Requests for Proposal
Navigating vendor responses to a request for proposal (RFP) can be a large and complex task for businesses. With a multitude of responses and...
Nigerian banks ordered by CBN to charge 0.5% cybersecurity levy
The Central Bank of Nigeria (CBN) issued a circular on Monday requiring banks to begin imposing a cybersecurity levy on transactions.
The levy is scheduled...
BREAKING: FG to delist Naira from peer-to-peer platforms amid FX Crisis
The Federal Government has disclosed plans to delist the Naira from all peer-to-peer, P2P, platforms.
The Director General of the Securities and Exchange Commission, Emomotimi...
NDIC raises deposit insurance coverage level for banks nationwide
The Nigeria Deposit Insurance Corporation has announced a revision in the Maximum Deposit Insurance Coverage for banks in the country.
At a press conference in...
The biggest mess created in 2023 was actually the devaluation of...
Aliko Dangote, the most affluent individual in Africa, is the Chairman of Dangote Industries Limited.
Addressing the shareholders at the yearly general assembly of Dangote...
Multichoice ignores court order, proceeds with DStv, GOtv rate hikes
Multichoice Nigeria, a prominent Pay TV operator, has increased its costs for DStv and GOtv users, despite a recent court judgment that prohibits the...
CBN stops Moniepoint, Palmpay, Opay, Kuda from onboarding new customers following...
The Central Bank of Nigeria (CBN) has directed four fintech companies to suspend onboarding new customers until further notice temporarily.
The fintech startups listed earlier...
Tribunal halts MultiChoice’s plan to raise subscription rates for DStv, Gotv
The Competition and Consumer Protection Tribunal (CCPT) in Abuja has issued a restraining order against MultiChoice Nigeria Limited from raising their rates and the...