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Kwankwaso Accuses Presidential Candidates, Get together Members Of Proudly owning Banks

Kwankwaso Accuses Presidential Candidates, Get together Members Of Proudly owning Banks

Rabiu Kwankwaso, Presidential candidate of the New Nigeria Peoples Party (NNPP) has criticised the new naira swap deadline. He claimed that the swap deadline doesn’t affect political elites because they have banks.  Kwankwaso also noted…

Shell Data Earnings of $39.9bn, Highest in 115 Years

Shell Data Earnings of $39.9bn, Highest in 115 Years

Shell Nigeria Oil and gas giant Shell has announced a huge profit record of $39.9bn (£32.2bn) for 2022, the highest in its 115-year history. Following Russia’s invasion of Ukraine, the company recorded annual profits after…

I Don’t Need Him Again, I Simply Want His Forgiveness

I Don’t Need Him Again, I Simply Want His Forgiveness

I believe that in life, we only get a shot at one great love. And when we lose it we won’t get another chance. We may find other incredible lovers but they will not measure…

CBN Directs Banks to Begin Over-the-Counter Funds of New Observe

CBN Directs Banks to Begin Over-the-Counter Funds of New Observe

The new naira notes The Central Bank of Nigeria (CBN) has directed commercial banks to commence the payment of redesigned naira notes to customers over the counter, with a maximum payout limit of N20,000 per day.…

Foreign exchange Scarcity Prone to Persist Over Polls – Coronation

Foreign exchange Scarcity Prone to Persist Over Polls – Coronation

Forex-Market A prediction by Coronation Merchant Bank has suggested that the foreign exchange liquidity crisis affecting the economy will persist for some time. The Chief Economist of Coronation bank, Chinwe Egwim revealed this via a…

After silent layoffs in November, Gokada lays off 54 workers this week

After silent layoffs in November, Gokada lays off 54 workers this week

A few days after we reported that Gokada was looking to raise $100,000 through crowdfunding, TechCabal can now exclusively report that Gokada has laid off at least 54 members of staff. Four present and former…

TUC to FG: Ban on Aviation Employees’ Strike Unattainable

TUC to FG: Ban on Aviation Employees’ Strike Unattainable

The Trade Union Congress has warned the federal government against implementing directives prohibiting industrial action among aviation workers. The TUC President, Festus Osifo, in a statement on Wednesday, said the proposed ban was a serious…

Palms Off Africa: Pope Francis Cautions Overseas Powers

Palms Off Africa: Pope Francis Cautions Overseas Powers

Pope Francis has called on foreign powers to end the exploitation of Africa’s natural resources. He made this statement when he stopped at the Democratic Republic of Congo (DRC), as he continued his historical tour…

NNPC Pumps 67 million Litres to Ease Shortage

NNPC Pumps 67 million Litres to Ease Shortage

The Nigerian National Petroleum Company Limited has released about 67 million liters of Premium Motor Spirit to marketers, clearing queues for petrol in many parts of Abuja, Niger, and Nasarawa. NNPC revealed that some of…

FG Approves N9.6bn Refund to Plateau, Borno for Street Tasks

FG Approves N9.6bn Refund to Plateau, Borno for Street Tasks

FEC Meeting The federal executive council (FEC) has reimbursed the sum of N9.6 billion to Plateau and Borno states governments for road projects executed on behalf of the federal government. The council gave the approval…

Lagos-based man calls out Zenith financial institution over $11,000 debit with out his authorisation

Lagos-based man calls out Zenith financial institution over $11,000 debit with out his authorisation

A Lagos-based man has called out Zenith bank over a transaction of $11,000 (N5,065,720.00) which took place in the said bank, without his approval The man identified simply as Mr Madox, narrating what happened, said…

MTN is Nigeria’s First Firm to Make N2 Trillion in Income

MTN is Nigeria’s First Firm to Make N2 Trillion in Income

MTN, Nigeria’s largest telecommunications company, has made history by becoming the first publicly listed company to hit the N2 trillion revenue mark. This was contained in its 2022 audited financial statement. The statement posted revenue…