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Business – Gist Alerts

President Tinubu To Inaugurate The Revamped $115m Container Terminal In Onne Port

President Bola Tinubu will on September 4 commission the upgraded West Africa container terminal (WACT) in Rivers State.  In a…

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MTN, Others Receives Permit To Generate Electricity

The Nigerian Electricity Regulatory Commission (NERC) has taken significant steps to enhance electricity generation in Nigeria by issuing new permits…

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Guaranty Trust Bank Announces Attempt To Hack Bank’s Website

Guaranty Trust Bank Plc on Wednesday (today) confirmed an attempt to compromise its website domain. The attempted breach took place…

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Inflation: Cost Of Living Increases By 19% In One Month

The National Average Cost of a Healthy Diet accelerated to ₦1,241 in June 2024. The Nigerian Bureau of Statistics (NBS)…

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Whatsapp May Withdraw Its Services From Nigeria Due To $220M Fine

A week after Nigeria’s Federal Competition and Consumer Protection Commission imposed a $220 million fine on WhatsApp for a data…

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UK Appoints Mark Smithson As Head Of UK-Nigeria Trade Department

The United Kingdom (UK) has approved the appointment of Mark Smithson to serve as the country director for the UK’s…

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Crypto Platform To Receive 7.5% VAT On Transactions In Nigeria

KuCoin, a cryptocurrency exchange, has announced that it will start collecting a 7.5 per cent Value-Added Tax on transaction fees…

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Lagos Records 50% GDP Growth Under My Tenure – Sanwo-Olu

The Lagos State Governor, Babajide Sanwo-Olu, has said the Gross Domestic Product of Lagos, in the last five years under…

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CBN Revises Guidelines For Bureau De Change Operators

The CBN has updated its regulatory guidelines for Bureau De Change operators in Nigeria. After consulting with stakeholders, the following…

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Opay, Moniepoint, Others To Resume New Customer Enrollments Soon – CBN

The Central Bank of Nigeria (CBN) has announced that mobile money operators, including fintech firms like OPay, Palmpay, Kuda Bank,…

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