LAGOS – Ayodeji Rasaq, the Chief Executive Officer (CEO) of Red for Africa group has advised Nigerian youths to focus on developing and growing business ideas....
Cardoso addresses the senate, informing them that in recent days, the FX market has experienced an inflow of more than $1 billion from investors. Cardoso addressed...
Amid growing concerns over high cost of commodities, the Kano State Public Complaint and Anti-corruption Commission, PCACC, has on Thursday threatened to clamp down on warehouses...
French energy giant TotalEnergies is seeking to sell its minority share in a major Nigerian onshore oil joint venture, following Shell’s divestment last month, CEO Patrick...
MultiChoice Group has agreed to pay N35.4 billion as part of its tax obligations to the Federal Inland Revenue Service (FIRS). Multichoice, the owner of satellite...
The board of directors of NNPCL has given its approval for the transfer of revenue in US dollars to the Central Bank of Nigeria (CBN). The...
First City Monument Bank, FCMB has launched an accelerator programme to upskill and grow over one million small and medium-sized enterprises (SMEs) in Nigeria. Partnering with...
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has assured Nigerians that the ongoing economic hardship in the country is temporary, with positive results...
The Nigeria Governor’s Forum (NGF) has said the country has some of the cheapest foods in West Africa. Chairman, and Kwara State Governor, Abdulrahaman AbdulRazak disclosed...
Minister of Finance and Coordinating Minster of the Economy, Mr. Olawale Edun, yesterday, said the rising prices of food and commodities in the country had become...
All is set for the African Development Bank (AfDB) to commence the disbursement of $540 million to the first phase of states in Nigeria for the...
The Bank Directors Association of Nigeria (BDAN) on Monday, commended the ongoing reform initiatives of the Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi...
The World Bank’s Managing Director of Operations, Anna Bjerde, is set to land in Nigeria for a pivotal two-day engagement in an unprecedented visit scheduled for...
In a controversial move, Wigwe University, a private institution owned by Herbert Wigwe, the Group Managing Director of Access Holdings Plc, is facing scrutiny for charging...
Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has said about $2.4 billion out of the reported $7 billion outstanding foreign exchange liabilities...
The Finance Minister and Coordinating Minister for the Economy, Mr. Wale Edun, yesterday met with CBN Governor Olayemi Cardoso and Economic and EFCC Chairman Ola Olukoyede...
There are strong indications that the Federal Government is mulling a policy that will result in the conversion of over $30bn in domiciliary accounts of citizens...
Ali Yunusa, a customer with Globus Bank and resident of Kano State, has narrated how N204,360.21 was deducted from his account without his consent. On October...
Sources revealed that the duo forcefully and fraudulently ensured the acquisition of Polaris, Keystone and Union Banks. The embattled former Governor of the Central Bank of...
Nigeria’s GDP is expected to increase by 3.7% in 2025, according to World Bank predictions.The largest economy in Africa is expected to grow by 3.3%, up...
The Federal Government, has said that the Nigerian maritime industry would play a pivotal role in achieving $1tn economic growth by 2027. The Executive Secretary of...
The Nigeria Stock Exchange has secured its position as the world’s best-performing stock market in the first three weeks of 2024, capping off the trading day...
Wema Bank incurred N8.067 billion in court cases as at September 2023 and also lost N239.920 million to fraud and burglary in the nine-month to September...
In a significant development for the energy industry, Eterna Plc has inked a deal with Dangote Petrochemical Refinery, solidifying its role as the official domestic sales...
Tony Elumelu, one of Africa’s most important business executives, has become the third Nigerian billionaire to control holdings in two companies worth more than N1 trillion...
Equity investors in the stocks of companies under the Dangote Group have gained over 1.2tn during the first two trading sessions of this week. This marked...
Depositors at Wema Bank are expressing concern following the bank’s announcement of a significant financial setback. The tier 2 lender, led by Moruf Oseni, revealed a...
The African Export-Import Bank (Afreximbank) has officially initiated the disbursement of $2.25 billion as part of the approved $3.3 billion crude oil prepayment facility for Nigeria....
– Bank Corners All Govt Accounts, Lucrative Contracts – Rival Banks Green With Envy As Powers That Be Caress Wema’s Behind. The union of Wema Bank...
The Genius Media Nigeria reports that Telecom billionaire, Mike Adenuga has reclaimed the position of Nigeria’s second-richest man with a net worth of $7.4 billion, pushing...
The Central Bank of Nigeria, in the early hours of Thursday, appointed Hassan Imam as the new Chief Executive Officer and Managing Director of Keystone Bank,...