Business

OPay has announced the introduction of a new N50 charge on electronic transfers of N10,000 and above to both personal and business accounts, in compliance with Federal Inland Revenue Service (FIRS) regulations. The payment platform made this announcement in a notice to its customers on Saturday, stating, “Dear valued customers, …

Nigeria has officially signed a $3.3 billion agreement with China to develop the Brass Industrial Park and Methanol Complex. This deal was announced at the 2024 Forum on China-Africa Cooperation and the inaugural China-Nigeria Economic Cooperation and Trade Conference, marking a significant milestone in the economic collaboration between the two …

By Olumide Olusegun | The Minister of Aviation and Aerospace Development, Festus Keyamo, has officially launched a new public-private partnership initiative aimed at advancing airport infrastructure across Nigeria. The launch took place during a visit to Murtala Muhammed International Airport in Lagos. According to Tunde Moshood, the Special Adviser to …

The Central Bank of Nigeria (CBN) is set to hold a crucial meeting amidst growing concerns over the naira’s woes and the recent 45% hike in fuel prices. “The pressure on the naira and the increase in fuel prices are major concerns that need to be addressed,” said Ayodeji Dawodu, …