Economy

SEC proposes ₦20 million fine, 10 years imprisonment for ponzi scheme operators in new ISB 2024

The Securities and Exchange Commission (SEC) says the Investments and Securities Bill (ISB) 2024 is proposing a penalty of not less than ₦20 million...

NNPC boosts oil and gas production to 1.8 million barrels per day: CEO Mele Kyari 

Mele Kyari, group chief executive officer, of the Nigerian National Petroleum Company (NNPC), has revealed that the state-owned oil company and its partners have...

MTN Group sees 18.5% revenue decline due to naira depreciation

Nigeria's weak naira has impacted MTN Group's service revenue, which triggered a 18.5 per cent fall to 127.37 billion rands in the first nine...

Court adjourns former Kogi governor Yahaya Bello’s arraignment over new 16-count charges

Justice Maryann Anenih of the Federal Capital Territory High Court in Maitama, Abuja, on Thursday adjourned the arraignment of former Kogi State Governor Yahaya...

FG secures $134 million AfDB loan to boost agriculture

The Federal Government has successfully secured a $134 million loan facility from the African Development Bank aimed at boosting agricultural production, particularly in the...

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