Business
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783Ibukun Awosika breaks silence after CBN sacks her as First Bank chairman
Former chairman of First Bank Nigeria Limited, Mrs. Ibukun Awosika, has insisted the decision to sack the reinstated Managing Director of the...
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405
Bolt, Uber drivers to begin strike on Monday
Uber and Bolt, under the aegis of Professional E-hailing Drivers and Private Owners Association (PEDPA), in Lagos are set o embark on...
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649
GTBank: Shareholders Applaud Agbaje’s Leadership, endorse N3.00 Total Dividend for 2020
Shareholders of Guaranty Trust Bank (GTBank) Plc, at the weekend unanimously endorsed the payment of a total dividend of N3.00 per share...
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328
Nigerians to pay over N200/litre for petrol from April – NNPC
Nigerians may likely pay over N200 for a litre for petrol from April. This was disclosed by Mele Kyari, the Group General...
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419
UAE lists conditions to restart flights from Nigeria
Nigeria has been given conditions for resumption of commercial flights between the country and the United Arab Emirates (UAE). The UAE Embassy...
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337
Twitter owner, Jack Dorsey sells his first ever tweet for $2.9m
Twitter boss, Jack Dorsey, has just sold his first-ever tweet for almost $3million. The tweetwas sold as a kind of digital certificate,...
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343
CBN approves only 47 money transfer operators licensed in Nigeria
The Central Bank of Nigeria (CBN) has published a list of 47 International Money Transfer Operators, that are licensed to operate in...
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540
GTBank releases 2020 full year audited results…reports PBT of ₦238.1 Billion
Guaranty Trust Bank plc has released its Audited Financial Results for the year ended December 31, 2020 to the Nigerian and London...
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318
Lagos port receives 23 ships, containing petroleum products, other
On Tuesday, the Nigerian Ports Authority confirmed that 23 ships offload petrol, bulk wheat, bulk gypsum, general cargo, frozen fish, container, base...
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321
CBN introduces N6.98 as new charges for USSD services
The Central Bank of Nigeria, CBN, has just released a new charge rate for customers using Unstructured Supplementary Service Data (USSD) services....
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260
Azman Air flight operations suspended
The Nigerian Civil Aviation Authority (NCAA) has suspended Azman Air flight operations. This was confirmed in a statement signed by NCAA Director-General,...
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222
Bitcoin passes $60,000 for first time in history
For the time in history, Bitcoin rose above &60,000 this Saturday, as the world’s most famous virtual currency, which keeps breaking records....
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216
NIPOST replaces FIRS as stamp duty collector
The Nigerian government has replaced the Federal Inland Revenue Service (FIRS) with the Nigeria Postal Service (NIPOST) as stamp duty collector. Dr....
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293
CBN introduces N5 rebate on every $1 sent to Nigeria
The Central Bank of Nigeria (CBN) will charge N5 for every $1 remitted to Nigeria through International Money Transfer Organisations in its...
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165
Nigeria’s level of borrowing not high and unreasonable – Finance Minister asserts
Nigerian Minister of Finance, Zainab Ahmed, said the country’s borrowing under the Buhari’s-led administration is not unreasonable and it’s also not too...
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160
Cryptocurrency ban: We’re responsible for the protection of Nigerians – Emefiele
Mr. Godwin Emefiele, the Governor of Central Bank of Nigeria, CBN, told the Senate that the ban placed on cryptocurrency transactions was...
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186
Cryptocurrency ban in Nigeria: CBN, SEC to create level field for investments
Central Bank of Nigeria, CBN, and the Security and Exchange Commission, SEC have decided to work together, conduct research, and find ways...
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225
Bitcoin rises above $50,000 for the first time in 11-Years
Bitcoin rose above $50,000 for the first time on Tuesday. At the same time, European equities eased after soaring the previous day...
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228
Petrol price will continue to increase – Retailers says, reveals reason
Petrol retailers under the aegis of Petroleum Product Outlet Owners Association (PETROAN) say the pump price of petrol will continue to increase...
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231
Nigeria banking sector lost N5bn to fraud in nine months -NIBSS reveal
More than N5 billion has been lost to fraud between January and September 2020, Nigeria Inter-Bank Settlement System Plc reveals. The System...
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166
Ngozi Okonjo-Iweala makes history, WTO finally confirm her as New DG
Former Minister of Finance, Dr. Ngozi Okonjo-Iweala, has been finally confirmed as the Director-General of the World Trade Organization. Her confirmation happened...
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144
Dangote’s Refinery has the potential of saving Nigeria from economic downturn -IMF
The biggest financial body, International Monetary Fund, IMF, has projected that Dangote’s refinery can salvage Nigeria from an economic downturn when it...
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176
FG plans to launch Vehicle Finance Scheme for Nigerians to own new cars on credit
The Federal Government has announced that it would be launching a Vehicle Finance Scheme that would help Nigerians own cars. This move...
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Petrol price to be sold at N190 as oil nears $60 globally -Marketers
Following the current global realities of crude oil, marketers said the price of Premium Motor Spirit (PMS), popularly known as Petrol in...
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138
The use of cryptocurrency is not a criminal act despite ban by CBN – Fmr. CBN Deputy-Governor, Moghalu
Kingsley Moghalu, a former Deputy-Governor of the Central Bank of Nigeria, argues that the ban placed on cryptocurrency by the apex bank...
