Transport company, Peace Mass Transit, has been ordered by a court to pay N500,000 in damages to a passenger, Patrick C. Chukwuma, for refusing to refund...
A United States Professor of Applied Economics, Steve Hanke, has said that over $743 million earned revenue of international airline carriers trapped in Nigeria is an...
The House of Representatives has appealed to the Federal Government to initiate, and implement specific policies that would strengthen the capacity of Nigeria’s creative industry to...
The Nigerian economy has started recovering from the three-month-long naira scarcity, but there is another brewing risk of a possible banking sector collapse as customers shun...
Foreign capital inflows are needed in financing developing countries infrastructure, rapid urbanisation, and escalating climate costs, World Bank Group President David Malpass said at the weekend....
Wema Bank Plc has announced the appointment of Moruf Oseni as the substantive Managing Director and Chief Executive Officer of the lender, effective April 1, 2023....
An economic expert, Dr. Tunji Ogunyemi of the Obafemi Awolowo University (OAU), Ile-Ife, Osun State has backed the plan on total removal of fuel subsidy by...
Global shipbuilding giant, Samsung Heavy Industries Nigeria Limited (SHIN) and the largest operator of Floating, Production, Storage and Offloading vessel (FPSO) and flow stations in Sub-Saharan...
South Atlantic Petroleum (SAPETRO), the oil and gas exploration and production company firm owned by Nigerian billionaire Theophilus Danjuma, has lost the bid to purchase some...
Sterling Bank has banned the company’s directors and other individuals with access to sensitive materials relating to the firm’s financials from trading its shares. The financial...
Kuda Bank is experienced another major technical glitch causing customers’ money to disappear and transactions to be impossible. The bank has apologized and said it was...
The Emir of Kano, Alhaji Aminu Ado Bayero, yesterday advised the Central Bank of Nigeria (CBN) and commercial banks not to be in a haste in...
He is the Group CEO of Century Group of Companies, which is one of Nigeria’s emerging indigenous industrial groups operating across various sectors and actively involved...
Scores of Delta youths have staged a peaceful protest at the headquarters of Seplat Energy Plc in Lagos State, demanding for the removal of the Chief...
United Capital, led by Peter Ashade, faces an operational risk as the asset management and securities trading company is dragged into lawsuits that could lead to...
The Federal Government has filed a charge against First Bank of Nigeria (FBN), its Managing Director and three others for their alleged involvement in forgery. Also...
The governor of Central Bank of Nigeria, Godwin Emefiele, on Monday appealed to the Minister of Labour and Employment, Chris Ngige, to prevail on the leadership...
As the federal government prepares to completely deregulate the downstream sector of the Nigerian oil and gas industry in the coming months, stakeholders in the sector...
Aliko Dangote has remained Africa’s richest man, a feat he has maintained for 12 years in a row, according to Bloomberg Billionaire Index. The Nigerian billionaire’s...
The dollar to naira exchange rate on the parallel market otherwise known as the black market opened for exchange at the rate of ₦749 to the...
Banks in satellite towns of the Federal Capital Territory (FCT), on Saturday opened for business as directed by the Central Bank of Nigeria (CBN). The News...
The Central Bank of Nigeria, CBN, has confirmed the evacuation of banknotes to commercial banks and has ordered the banks to open for operation on Saturdays...
The Central Bank of Nigeria (CBN) has described as fake, the news making the rounds that it suspended accounts of Fintech companies like OPAY and PALMPAY....
The Economic and Financial Crimes Commission, EFCC, On Tuesday March 21, 2023 arraigned one Kichime Gomwalk, a branch manager of First City Monument Bank, FCMB, Michael...
The Federal Government, through the Nigerian National Petroleum Company Limited, NNPCL has increased Premium Motor Spirit, popularly known as fuel, supply to the Independent Petroleum Marketers...
Nigeria Police retirees, under the Contributory Pension Scheme (CPS), have rejected the recently announced “Enhancement of Monthly Pension Payment” by the Director General (DG) of PenCom,...
The Nigerian Naira has recorded slight improvement in its value against the US dollar, after experiencing a decline over the past few days. Checks showed that...
urges people to report non compliance to him The Ogun State governor, Dapo Abiodun, has declared that he would not hesitate to close down banks, supermarkets,...
Following the directive of the Central Bank of Nigeria, commercial banks in different parts of Ibadan now give out and accept old naira notes from customers....
Billionaire Obi Cubana flaunts his bulletproof Toyota Land Cruiser 300 SUV as singer Patoraking paid him a visit. The LC 300 is one of his recent...
A human rights activist, Femi Falana (SAN) has said commercial banks do not require any authorisation or directive from the Central Bank of Nigeria Governor, Godwin...
