The United Bank for Africa has announced its plans to conduct a workshop that will provide valuable insights to proprietors of micro, small, and medium-scale enterprises, enabling them to effectively manage both their well-being and finances in the face of global economic challenges.
According to an official statement released on Tuesday, UBA has organized this workshop as part of its ‘UBA…
FG, states, and LGs collaborate to distribute a total of N966 billion in revenue for the month of July."
August 23, 2023
The Federation Account Allocation Committee has announced the distribution of N966.11 billion among the three tiers of government for July 2023.
This figure indicates a slight rise of N59.06 billion compared to the N907.05 billion shared in June 2023, marking the highest…
"Nigeria's power regulator, NERC, states that Niger has an outstanding N4 billion debt for electricity supplied."
August 10, 2023
Nigeria’s outstanding debt to Niger stands at N4.22bn ($5.48m at an exchange rate of $1 to N769.27) for power supply, as indicated by the first quarter report recently published by the Nigerian Electricity Regulatory Commission (NERC).
The report highlights that…
"Marketers anticipate an upcoming increase in cooking gas prices for the following week."
August 10, 2023
Gas consumers should prepare for challenging times ahead as marketers have indicated that prices will rise in the coming week.
Olatunbosun Oladapo, the President of the Nigerian Association of Liquefied Petroleum Gas Marketers, stated that a surge in international prices, high taxes, vessel costs, forex shortages, and currency devaluation are contributing factors to the anticipated price…
Angry protesters have pulled down the gate of the National Assembly in Abuja.
Earlier, the protesters led by the leaders of the Organised Labour, Joe Ajaero of the Nigeria Labour Congress and Festus Osifo of the Trade Union Congress asked security operatives stationed at…
I'll Walk Naked If Obi Wins In Court – Charly Boy
July 27, 2023
Veteran singer and social activist, Charles Oputa, aka Charly Boy has declared his intention to walk naked on the street if the Labour Party candidate in the February 25 presidential election, Peter Obi, emerges victorious at the election petitions tribunal.
The…
Google to accept naira payment on Play Store
July 27, 2023
Google has partnered with Verve to make digital transactions on Google Play Store easier for Nigerians.
The firm noted that as from Wednesday, Nigerians could now use their Verve cards to make purchases on the Google Play Store.
It stated that under its new partnership, Google would process Verve transactions within Nigeria, and the transactions would be undertaken in naira and treated as local…
Glo, fintech reward customers
July 26, 2023
Globacom and PalmPay have collaborated to launch a new reward scheme for the telecom firm’s customers.
According to the firms, the marketing initiative tagged ‘PalmPay Bonanza: Recharge Glo and Win’ will offer Nigerians who buy Glo data and airtime bundles via the…
CBN unblocks Bamboo, Nairabet, AbokiFX and 437 accounts
July 26, 2023
The Central Bank of Nigeria has directed banks to vacate a post-no-debit restriction placed on the bank accounts of 440 individuals and companies.
A post-no-debit means that all debit transactions, including ATMs and cheques, on the accounts have been blocked but can receive…
Secondary school students beat teacher in Ogun
July 23, 2023
A gang of ten senior secondary school students in Ogun State have reportedly beaten a teacher, Kolawole Shonuga, for stopping one of them from cheating during an examination in the school.
Our correspondent gathered that the incident occurred on Tuesday at Isanbi Comprehensive High School, Ilisan-Remo, Ikenne Local Government Area of the state.
It was further gathered that Shonuga, while…

