Business

Andersen, an independent tax and business advisory firm has said that the parallel rate of the naira may fall to N900 in 2023 from demand pressure if mitigating measures are not taken. The firm that has a worldwide presence through the member firms and collaborating firms of Andersen Global disclosed …

Tragedy struck in Abeokuta, on Saturday, as a middle-aged woman, known in her neighbourhood as Mama Dada, set herself on fire in her rented apartment. The woman’s remains were burnt beyond recognition and the entire building was also razed. The incident happened at Oke-Keesi, Itoko area of Abeokuta. According to …

The Chartered Institute of Bankers of Nigeria (CIBN) says it is working with the body of banks chief executive officers (CEOs) to address the security challenges caused by the ongoing naira scarcity. Yesterday, bank workers union directed members to stay away from work in any state where their branches are …

The National Agency for Food and Drug Administration and Control says products worth over N326m were destroyed at Lafia, Nasarawa State. NAFDAC made this known on Thursday evening in a post on its official Twitter handle, @NafdacAgency. The agency tweeted, “Today, products worth N326,833,592.80 were destroyed at the North-Central destruction …