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35% of Insurers Won’t pay Dividend Due to Negative Reserves

Thirty five percent of the most liquid and capitalised insurers are not paying dividends to their shareholders, which validates investor apathy towards the listed...

Bitcoin Rallies to Six-Month High Above $24,000

Bitcoin’s price on Thursday surged to its highest level since August, even as US regulators stepped up regulation pressure on cryptocurrency exchanges. The largest crypto...

N258 Million New Notes: Our Hands Are Clean, Sterling Bank Clarifies Alleged Abuja Cash Hoarding

Sterling Bank has again debunked claims by the Independent Corrupt Practices and Other Related Offences Commission (ICPC), accusing it of stashing N258 million in...

MTN Apologises for Ruining Valentine’s Day, Customers Demand Compensation

Mobile Telecommunication services provider, MTN Nigeria Communications Plc, has apologised to its customers for the service breakdown they experienced on the network on Tuesday,...

Protests In Oyo, Delta, Edo Over Naira Scarcity, Bank ATMs Destroyed

Another round of protests have broken out in several states across the country, including Oyo, Delta, and Edo, over the scarcity of the new...

Russian oil Industry Thriving Under Western Sanctions – Bloomberg

Russian oil companies conducted the most drilling at their fields in over a decade last year, showing no signs that international sanctions or the...

Oil Discovery: Nasarawa Government, Signs MOU Saturday With NNPCL 

Nath Gbaoron, Lafia The Nigerian National Petroleum Corporation Limited (NNPCL) will on Saturday, 18th February, sign a Memorandum of Understanding (MoU) with the Nasarawa State...

NDLEA Arrests Church General Overseer Over ‘Attempt to Export Meth’ to Dubai

The National Drug Law Enforcement Agency (NDLEA) has arrested Nnodu Azuka Kenrick, the general overseer of a Lagos church, for alleged drug trafficking. Femi Babafemi,...

Binance Says Stablecoin Partner Is Set to Stop Minting BUSD

Binance, the world’s largest crypto exchange, said it’s been told by Paxos Trust Co. that the latter has been directed to cease minting a...

China Says US Sent Balloons into its Airspace More than 10 Times Since January 2022

China says US high-altitude balloons have flown in its airspace without permission more than 10 times since the beginning of January 2022. "It's not uncommon as well...

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