Latest Business News today

CBN reacts to circulation of N2000 and N5000 banknotes

The Central Bank of Nigeria, CBN, has described as fake a video showing new N2000 and N5000 banknotes with claims that they...

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CBN issues directive to banks on ATM, POS and Web customer refunds

The Central Bank of Nigeria, CBN, has issued a directive to banks to resolve the backlog of all ATM, POS and Web...

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Nigerians will now pay N50 stamp duty on electronic receipts

Nigerians will now pay stamp duties on all forms of electronic notifications acknowledging receipts of funds. This includes SMS and messages on...

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US treasury letter requesting probe of Akinwumi Adesina

An independent investigation into allegations levelled against the President of the Africa Development Bank, Akinwumi Adesina, has been requested by the United...

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Netflix prepares to start cancelling inactive subscriptions

Netflix has stated that subscribers who haven’t been active in the past year will soon start having their subscriptions cancelled. The Production...

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CBN shifts MPC meeting to Thursday due to Eid-el Fitr holiday

The meeting of the monetary policy committee (MPC) of the Central Bank of Nigeria has been postponed from May 25 and 26...

fidelity bank donates n10 million to plateau state

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Plateau State gets N10 million from Fidelity Bank for fight against coronavirus

Fidelity Bank Olc has donated the sum of N10 million to the Plateau State Government as part of its effort in the...

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FG slashes salaries of airport workers

The Federal Government has slashed the salaries of airport workers amid the coronavirus pandemic in the country. The Federal Airports Authority of...

'We will spend N1bn on 3,000 returnees' - CBN, NNPC

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‘We will spend N1bn on 3,000 returnees’ – CBN, NNPC

According to reports, the Central Bank of Nigeria (CBN) and the Nigerian National Petroleum Corporation (NNPC) have agreed to spend over N1bn...

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Subscribers kick as DSTV, GOTV propose hike in subscription

The Association of Telephone, Cable TV and Internet Subscribers has kicked against a proposed plan by DSTV and GOTV to hike subscription...

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Nigeria commends Saudi Arabia over cuts

The Honorable Minister of State for Petroleum Resources, H.E. Timipre Marlin Sylva has expressed his appreciation to the Government of Saudi Arabia...

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Federal Government set to offer more public assets for sale

The Federal Government may put up more public assets for sale by as the Bureau of Public Enterprises reviews the 2020 Privatisation...

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Businesses to start during lockdown

While a lot of businesses are being affected during this COVID-19 lockdown, there are some that will thrive. These includes businesses that...

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Complete Secondary School Education Now Online with ClassNotes.ng

Finally, Nigerian students can access world-class secondary school education online as disruptive ed-tech site ClassNotes.ng goes public. ClassNotes.ng provides every Junior and Senior...

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Central Bank of Nigeria technically devalues naira to 380 per dollar

The Central Bank of Nigeria has collapsed the multiple exchange rate policy that determined the value of the naira and adopted a...

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Recruitment of CAMON experience officers

Before the days of smartphones — if you can remember such a time — taking a great photo was a labor-intensive process...

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GTBank Launches Beta Health, Expands Access to Health Insurance for Low-Income Nigerians

Guaranty Trust Bank Plc has announced the launch of Beta Health, a low-cost health financing product that offers instant access to health...

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SBI Media Emerges 9Mobile’s Official Media Agency

Emerging Markets Telecommunication Services Ltd. (EMTS), trading as ‘9mobile, has announced the appointment of SBI Media Limited as its official media agency. ...

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FCMB Deepens Empowerment of SMEs in Ogun State, as First Lady Commends Bank

First City Monument Bank (FCMB) has restated its commitment to the productivity and profitability of Small and Medium Scale Enterprises (SMEs) through...