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Frozen Russian Assets to Fund €35 Billion EU Loan to Ukraine
The European Union has announced plans to lend Ukraine €35 billion (approximately $39 billion), with the financing backed by revenues from Russian assets frozen...
Mother of Detained Binance Executive Appeals for His Release
Knarik Gambaryan, mother of Tigran Gambaryan, a Binance executive currently detained in Nigeria, has made a heartfelt appeal to the Nigerian government, insisting her...
PZ Cussons Plans Sale of African Subsidiaries Amid Naira Crisis
Multinational consumer goods firm PZ Cussons has announced plans to sell its African subsidiaries in response to significant currency fluctuations impacting its operations.
The parent...
Dangote Refinery, Domestic Oil Producers Oppose Imported Petrol
Officials from the Dangote Petroleum Refinery and local crude oil refiners have voiced strong opposition to the planned importation of Premium Motor Spirit (PMS),...
CBN Lowers Cybersecurity Levy to 0.005% on Electronic Transactions
The Central Bank of Nigeria (CBN) has announced a significant reduction in the cybersecurity levy on electronic transactions, lowering it from 0.5% to 0.005%...
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