Category: Business

Nigeria Has a Better Chance of Recovery Than South Africa – FT

  –   With Nigeria and South Africa having the two largest economies in Africa with nearly 300 million people and facing economic problems requiring...

School’s managemt, teachers l, students express joy as JBN Abumet donates furniture to FCT school

It was palpable excitement during the week, when Abumet Nigeria Limited, a subsidiary of the nation’s engineering construction leader, Julius Berger Nigeria Plc,...

How FG borrowed N1.83bn from CBN in Q1

The Federal Government borrowed N1.83tn from the Central Bank of Nigeria through Ways and Means Advances in the first quarter of 2023. This pushed its borrowing from the...

POS operators to charge more from Monday

  Despite recent criticisms of plans to increase the price of service charges, the Association of Mobile Money and Bank Agents in Nigeria has said current economic...

How Ronaldo topped list of world’s highest-paid athletes

For the first time since 2017 (and third time overall), Cristiano Ronaldo has topped Forbes’ list of the world’s highest-paid athletes, earning himself a Guinness...

Failed transaction: Tribunal slams N120m fine on Stanbic-IBTC Bank

  The Competition and Consumer Protection Tribunal (CCPT) sitting in Abuja on Thursday imposed a fine of N120 million against Stanbic-IBTC Bank over the bank’s...

Adenuga bags Africa Tech Hero’s award

  Chairman of Globacom Group, Dr. Mike Adenuga Jnr. will be conferred with the Africa Telecoms Hero Award at the 2023 Titans of Tech Africa Awards scheduled to hold...

SMEs, customers laud Polaris Bank for sponsorship of Fashion Souk event

Polaris Bank, Nigeria’s leading Digital Retail Bank, has received immense commendation from Small and Medium-sized Enterprises (SMEs) and customers for its invaluable...

Nigerians can receive foreign remittances in Naira

  The Central Bank of Nigeria has given directive for Nigerians to receive foreign remittances in local currencies.   The CBN gave the directive in a circular...

Nigeria redeems $500m Eurobond

Nigeria has redeemed $500million Eurobond due for Wednesday,it’s maturing date. The disclosure was made by the Debt Management Office in a statement. Details...