Fakoyejo Olalekan

Tinubu Sets Up Tax Reforms Committee, Names PwC’s Oyedele As Chairman

President Tinubu Signs Student Loan Bill Into Law

President Bola Tinubu has signed the Student Loan Bill into law on Monday, 12 June, his aide, Dele Alake, disclosed this to State House Correspondents. Recall that the House of Representatives passed the bill through the second reading on 25 May 2023,

June 12, 2023

Business

Lawmaker, Nnolim, Addresses 5% Stake Bribe In Nigeria Air, Reveals Encounter With Sirika

The former chairperson of the House of Representatives committee on aviation, Nnaji Nnolim, has responded to claims by former aviation minister, Hadi Sirika, that he asked to be bribed with shares in the national carrier, Nigeria Air. On Sunday, during Arise TV

June 12, 2023

Business·Insights

Eight Controversial Decisions By Godwin Emefiele As CBN Governor

The eight years romance between Godwin Emefiele and Muhammadu Buhari ended on May 29, 2023, when the latter handed over presidential power to Bola Tinubu. Emefiele enjoyed the protection and backing of Buhari for so long, he became the longest-serving Central Bank

June 12, 2023

Nigeria Govt Finally Secures Access To Heathrow Airport For Air Peace

Business

Air Peace Counters Ex-Aviation Minister, Sirika, Over Its Dubai Operations

The Chief Operating Officer of Air Peace, Toyin Olajide, said the former Aviation Minister, Hadi Sirika, made spurious claims about Air Peace while defending the launch of Nigeria’s national carrier, Nigeria Air. On Sunday, Sirika appeared on Arise TV to absolve himself

June 12, 2023

Naira Appreciates To N869/$1 As Experts Debate Stability

Business·Currency

FX Dealers Increase Dollar Rate In Official Channel, USD Trades At N754.5 In Black Market

The official market on Friday, 9 June, recorded a 0.6% decline in the value of the naira, as the dollar rate was up by N3, according to the FMDQ Exchange, the official foreign exchange rate aggregator. It was gathered that the investors

June 12, 2023

Business

Updated: Tinubu Suspends Godwin Emefiele, To Probe His Affairs As CBN Gov

President Bola Tinubu has suspended the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, weeks after threatening house cleaning. Emefiele’s suspension was disclosed by the Director of Information, Office of the Secretary to the Government of the Federation, Willie Basse,

June 9, 2023

MTN Investors Earn N944bn In Three Months As Airtel’s Shareholders Record Zero

Business

MTN, Airtel, Others Send USSD Withdrawal Notice To Banks Over N120bn Debt

Nigerian Deposit Money Banks (DMBs) have been issued withdrawal notices over their N120 billion debt arising from usage of Unstructured Supplementary Service Data (USSD). The big USSD debts owed telecom companies by Nigerian banks tend to contradict mouthwatering profits they released in

June 9, 2023

Ex-NNPCL Boss Kyari Denies Being In EFCC’s Custody

Business·Oil & Gas

NNPC Says Kyari Erroneously Increases Firm’s Net Profit To N687 trillion

The Nigerian National Petroleum Company (NNPC) Limited has disclosed that its Group Chief Executive Officer (GCEO), Mele Kyari, erroneously put the firm’s profit after tax for the 2021 financial year at N687 trillion. Kyari, during an interview with Arise TV last week Thursday,

June 9, 2023

Business·Oil & Gas

ExxonMobil Top Officials Visit Tinubu After Buhari Dashed Seplat CEO’s Hope

Top officials in ExxonMobil visit President Bola Tinubu on Thursday amid a delay in the $1.28 billion asset deal between the firm and Seplat Energy. Prime Business Africa previously reported that ExxonMobil sealed a deal with Seplat to sell its shares in

June 9, 2023

Business·Oil & Gas

‘Buhari Spent $19bn To Repair Old Refineries, Dangote Built New One With $19bn’

Nasarawa State Governor, Abdullahi Sule, disclosed that over $19 billion used to build Dangote Refinery was spent by former President Muhammadu Buhari to maintain the government-owned refineries. Sule said the refineries in Kaduna, Port Harcourt and Warri, belonging to the government, have

June 9, 2023

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Fakoyejo Olalekan

President Tinubu Signs Student Loan Bill Into Law

Lawmaker, Nnolim, Addresses 5% Stake Bribe In Nigeria Air, Reveals Encounter With Sirika

Eight Controversial Decisions By Godwin Emefiele As CBN Governor

Air Peace Counters Ex-Aviation Minister, Sirika, Over Its Dubai Operations

FX Dealers Increase Dollar Rate In Official Channel, USD Trades At N754.5 In Black Market

Updated: Tinubu Suspends Godwin Emefiele, To Probe His Affairs As CBN Gov

MTN, Airtel, Others Send USSD Withdrawal Notice To Banks Over N120bn Debt

NNPC Says Kyari Erroneously Increases Firm’s Net Profit To N687 trillion

ExxonMobil Top Officials Visit Tinubu After Buhari Dashed Seplat CEO’s Hope

‘Buhari Spent $19bn To Repair Old Refineries, Dangote Built New One With $19bn’

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