A Federal High Court in Abuja has authorised the Economic and Financial Crimes Commission (EFCC) to arrest and detain six promoters of Crypto Bridge Exchange (CBEX) over an alleged investment fraud am...
CBEX collapsed on Monday, and thousands of investors were unable to access their funds, with many of them besieging the Lagos and Ibadan offices of the platform. EFCC spokesman, Dele Oyewale, revealed...
Chairman of Transcorp Group, Mr Tony Elumelu, has said that Nigeria’s ambition to build a $1tn economy cannot be realised without urgent and sustained efforts to address challenges in the country’s el...
YouTube, the streaming service owned by the search engine giant Google, has increased the price of its YouTube Premium service by 54% in Nigeria. The ad-free service, which costs N1,100 for the indivi...
Arise Business Analyst Chika Mbonu discussed the Independence Bridge closure in Lagos, JP Morgan praising Nigeria’s President Tinubu and the CBN, and the ‘FUGAZ’ vs ‘FUFGAZ’ debate regarding Fidelity ...
The electricity distribution companies in Nigeria recorded a 33 percent short fall in their total revenue in the year 2024, as only N1.699 trillion was collected as revenue out of N2.196 trillion bill...
Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa who made this disclosure yesterday at the National Land Registration and Documentation Programme (NLRDP) held at the Transcorp Hilton...
Private sector has introduced a large-scale agribusiness financing programme aimed at transforming the country’s agricultural sector and enhancing food security. The investment model was presented to ...
Markets are on the fritz and investor sentiment has slumped into “extreme fear” territory. Consumer confidence readings have cratered and surveys show a sharp turnabout i...
The House of Representatives, on Thursday, approved a new Value Added Tax sharing formula, allocating 55% to states and 35% to local government councils. This decision followed the adoption of a repor...
