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CBEX: SEC can’t recover lost N1.3trn funds for victims, says DG
The Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, stated the Commission cannot recover the N1.3 trillion lost to...
Olaitan Sodiq
FX Scarcity, Price Instability Push Oil Marketers to Cut Petrol Imports by 67%
Petrol imports into Nigeria have dropped by over 67% in eight months, from 44.6 million litres daily in August 2024 to 14.7 million...
Olaitan Sodiq
MultiChoice Launches Affordable Weekly DStv, GOtv Plans in Uganda Under ‘Ka Weekie’ Campaign
MultiChoice Uganda has launched new affordable 7-day DStv and GOtv subscription plans under the “Ka Weekie” campaign, with packages starting from UGX 5,000....
Olaitan Sodiq
FG to Pay N2tn Gencos Debt by December to Avert Blackout — Adelabu
FG has pledged to offset N2 trillion of the N4 trillion debt owed to electricity generation companies (Gencos) by December 2025 to prevent...
Olaitan Sodiq
Nigeria Records Four Months of Grid Stability, Hits 5,801MW Peak Without Collapse – Adelabu
The Minister of Power, Adebayo Adelabu, announced that Nigeria has recorded four months of uninterrupted national grid stability in 2025. He said power...
Olaitan Sodiq
Crypto Market Sheds $633.5 Billion in Q1 2025 as Recession Fears Spark Investor Pullback
The global crypto market lost $633.5 billion in Q1 2025. It reflected an 18.6% decline in total market cap, driven by economic recession...
Olaitan Sodiq
Dangote Refinery’s Petrol Price Slash Shakes Market, Marketers Count Billions in Losses
Dangote Refinery has reduced its ex-depot petrol price to ₦835 per litre, unsettling petroleum marketers who now face heavy losses on old stocks....
Olaitan Sodiq
CBEX Collapse: SEC Declares Platform Illegal, Launches Manhunt for Operators Over Investor Fraud
The Securities and Exchange Commission (SEC) has declared the CBEX digital trading platform illegal. It statied that it was never registered with the...
Olaitan Sodiq
