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News - Page 746

Water Crisis, Police Shooting Fuel Worst Unrest in Mauritius since 1999

October 14, 2026

Mauritius lifted an overnight curfew on Wednesday after a police shooting intensified protests over water shortages and rising living costs, triggering violent clashes that authorities described as the island’s worst unrest since

Finance & Economy·News·Top Stories

Nigeria Shifts From Economic Stabilisation to Investment-Driven Growth, CBN Says

October 14, 2026

Central Bank of Nigeria Governor Olayemi Cardoso said Nigerians benefit from economic stability even when they do not immediately feel its effects, as the country shifts its focus towards attracting investment, deepening

Energy, Exchange Rate, Transportation Top Three Drivers Of Inflation In Nigeria - CBN Survey

Business News·News

CBN Suspends Cash Deposit Charges Until September

The Central Bank of Nigeria (CBN) has halted charges on cash deposits until September 30, 2024. In a circular dated May 6, 2024, signed by Adetona Adedeji, the Director of Banking Supervision, the CBN directed banks to cease the collection of processing

May 8, 2024

Business News·News·Oil & Gas

Shell Paid Over $1bn In Taxes, Royalties To Nigerian Govt In 2023- Report

Shell Nigeria has disclosed that it has paid a sum of $1.09 billion to the Nigerian government in corporate taxes and royalties for the year 2023. These payments, as outlined in the 2023 Shell Briefing Notes, signify the ongoing commitment of the

May 8, 2024

We’re Not Part Of NLC Planned Nationwide Protest – TUC

Business News·News

Why Cybersecurity levy Will Worsen Nigeria’s Hardship-NLC, TUC

Nigeria’s move to introduce a cybersecurity levy by the Central Bank has sparked widespread opposition from various quarters, including Nigerian Labour Unions and bank customers. The levy, aimed at enhancing cybersecurity measures, has been met with criticism for potentially worsening economic hardship.

May 8, 2024

Business News·Markets·News

EFCC Arrests BDC Operators As Naira trades For 1,416/$1

Operatives from the Economic and Financial Crimes Commission (EFCC) reportedly descended on Bureau De Change (BDC) operators in Wuse Zone 4 market on Tuesday as the naira depreciated to N1,416 to a dollar. Witnesses narrated scenes of resistance, gunfire, and damaged EFCC

May 8, 2024

Business News·News

CBN Orders Banks To Charge 0.5% Cybersecurity Levy On Transactions

In a move to fortify Nigeria’s financial system against cyber threats, the Central Bank of Nigeria (CBN) has mandated banks to enforce a cybersecurity levy on transactions, starting within two weeks. “The levy shall be applied at the point of electronic transfer

May 7, 2024

Business News·News·World News

How World Bank May Influence Nigeria’s Tax Reforms For $750m Loan

In a bid to secure a hefty $750m loan from the World Bank, Nigeria’s Federal Government is contemplating reintroducing previously suspended telecom taxes and other fiscal measures. The Stakeholder Engagement Plan for Nigeria – Accelerating Resource Mobilisation Reforms program, developed in collaboration

May 7, 2024

New Pos Charges: PoS Operators Risk N10m Fine, Imprisonment

Business News·News

Nigerian Govt Gives PoS Operators 2-Month Deadline To Register With CAC

As the Nigerian government continues to adopt measures to combat money laundering, terrorism, among others, all Point of Sale operators (PoS) across the country have been mandated to register their agents, merchants and individuals with the Corporate Affairs Commission (CAC) latest by

May 7, 2024

Business News·Currency·News

Why Nigerian Govt Plans To Ban Naira From Crypto Trading Platforms

the Securities and Exchange Commission (SEC) has finalized plans to delist the naira from all peer-to-peer cryptocurrency trading platforms.

May 7, 2024

Competition Sets In As NNPCL, Like Dangote Refinery, Slashes Petrol Price

Business News·News·Oil & Gas

Fuel Scarcity: NNPC Warns Against Panic Buying, Reassures Sufficient Supply

The Nigerian National Petroleum Company Limited (NNPCL) has cautioned members of the public against engaging in panic buying of Premium Motor Spirit (PMS), also known as petrol, assuring that it now has sufficient stock that can meet supply needs for at least

May 7, 2024

News·Real Estate

Lekki Landlords, Investors In Fear As Lagos Govt Declares 80% Of Buildings Without Permit

Residents and landlords in Ibeju Lekki, Lagos State have been thrown into fear following the declaration by the state Commissioner for Physical Planning and Urban Development, Dr Oluyinka Olumide, that 80 per cent of buildings have no approval.

May 7, 2024

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Worries As Oil Price Crash, Low Production Threaten Nigeria’s 2025 Budget

Iran Conflict Pushes South African Fuel Prices Sharply Higher

South Africa will raise petrol prices by more than 11%

India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

India and New Zealand’s free trade agreement (FTA) will take

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

Shareholders in Nigeria’s industrial goods sector recorded massive returns in

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News - Page 746

Water Crisis, Police Shooting Fuel Worst Unrest in Mauritius since 1999

Nigeria Shifts From Economic Stabilisation to Investment-Driven Growth, CBN Says

CBN Suspends Cash Deposit Charges Until September

Shell Paid Over $1bn In Taxes, Royalties To Nigerian Govt In 2023- Report

Why Cybersecurity levy Will Worsen Nigeria’s Hardship-NLC, TUC

EFCC Arrests BDC Operators As Naira trades For 1,416/$1

CBN Orders Banks To Charge 0.5% Cybersecurity Levy On Transactions

How World Bank May Influence Nigeria’s Tax Reforms For $750m Loan

Nigerian Govt Gives PoS Operators 2-Month Deadline To Register With CAC

Why Nigerian Govt Plans To Ban Naira From Crypto Trading Platforms

Fuel Scarcity: NNPC Warns Against Panic Buying, Reassures Sufficient Supply

Lekki Landlords, Investors In Fear As Lagos Govt Declares 80% Of Buildings Without Permit

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Water Crisis, Police Shooting Fuel Worst Unrest in Mauritius since 1999

Nigeria Shifts From Economic Stabilisation to Investment-Driven Growth, CBN Says

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Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

Water Crisis, Police Shooting Fuel Worst Unrest in Mauritius since 1999

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