Angry ‘investors’ loot CBEX office in Ibadan
A group of angry investors stormed the CBEX office in the Oke Ado area of Ibadan, Oyo State, after the digital trading platform reportedly crashed, leaving many users with zero…
CBEX: Nigerians count their losses – What you need to know
Nigerians on several social media platforms have begun to count their losses as a digital asset trading platform popularly known as CBEX reportedly swept over N1.3 trillion from their investors’…
Posted inBusiness Economy International
Nigeria Contactless Passport Launches in the US, Jamaica, Brazil, and Mexico to Massive Applause
The Nigerian government has expanded its revolutionary contactless passport application system to four new countries; United States, Jamaica, Brazil, and Mexico, marking another bold step forward in service delivery for…
Soludo hails Obi Cubana at 50, entrepreneurial Impact
The Governor of Anambra State, Professor Chukwuma Soludo, has expressed hearty congratulations to business man, Mr. Obinna Iyiegbu, popularly known as Obi Cubana, on the occasion of his 50th birthday.…
BREAKING: Dangote slashes petrol price to N865
Dangote refinery has informed marketers and its customers of a downward review of its ex-gantry loading cost to N865 per litre. The new price is a reduction of N15 from…
BREAKING: Diamond Bank Founder Pascal Dozie Passes Away
The founder of the defunct Diamond Bank Plc, Pascal Gabriel Dozie, has died at the age of 85. According to Business Day, Dozie passed away in the early hours of…
Oil price crash: Petrol can drop below N400/litre — CORAN
Crude Oil Refinery Owners Association of Nigeria has said that the price of Premium Motor Spirit (petrol) can drop below N400 per litre with the current crash in crude oil…
Posted inBusiness International Metro
Igbo billionaires absent as Forbes unveils Africa’s wealthiest for 2025
Forbes has unveiled its list of Africa’s wealthiest individuals for 2025, with only four Nigerians making the cut: Aliko Dangote, Mike Adenuga, Abdulsamad Rabiu, and Femi Otedola. Notably, no billionaire…
Federal Gov threatens to revoke the licences of dormant oil blocks
The minister of State Petroleum Resources (Oil), Senator Heineken Lokpobiri, threatened to withdraw oil blocks from owners that have failed to develop them. This is against the backdrop of the…
BREAKING: Tinubu sacks NNPC board, appoints Bayo Ojulari as new Group CEO
President Bola Tinubu has sacked the board of the Nigerian National Petroleum Company (NNPC) including its Group Chief Executive Officer, Mele Kyari and board chairman Pius Akinyelure. The decision, effective…
