Economy

EFCC arrests 792 crypto, romance fraudsters 

The Economic and Financial Crimes Commission (EFCC) has executed its largest single-day crackdown on cryptocurrency and romance scam syndicates, apprehending 792 suspects in Lagos. Cable...

Four downstream firms record a hike in after-tax profit

Four Nigerian downstream firms listed on the Nigerian Exchange Group recorded an increase in after-tax profit on 94 per cent growth in their cumulative...

Niger Delta: Oil spill occurs at Shell loading terminal 

An oil spill has occurred at the Shell loading terminal in Nigeria’s Delta region after a pipeline ruptured, Nigeria’s maritime agency said on Sunday. BusinessDay...

NNPC lowers petrol price by ₦20

The Nigerian National Petroleum Company (NNPC) Limited at the weekend reduced the price of Premium Motor Spirit (PMS), commonly known as petrol, across its...

NGX Group slams thousands of penalties on erring trading licence holders

The Nigerian Exchange Group (NGX Group), through its regulatory subsidiary NGX Regulation Limited (NGX Regco), slammed 3,792 regulatory actions on erring trading licence holders...

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