Category: Business

Sterling Bank launches tech-based solutions for stakeholders in  Nigerian education sector

Sterling Bank has recently launched Edubanc; an innovative tech-based solution to provide banking and social services for stakeholders in the education sector. The...

Railway debt servicing gulps $63m In Q1- DMO

      The Federal Government spent $62.66m to service railway-related debts in the first quarter of 2023, according to Nigeria’s external debt service...

Why we increased charges – POS operators

  The Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) said the recent increase in Point of Sales (POS) transaction charges is a reflection of the...

Two-storey building collapses in Port Harcourt

  An appendage of a two-story hotel has collapsed in the Ada-George area of Port Harcourt, Rivers State, leaving four injured persons now receiving treatment in...

First transshipment vessel berths in Lekki

  The Management of Lekki Deep Sea Port has announced the arrival of CMA CGM RIMBAUD, the first transshipment vessel to call at the container terminal of Lekki Deep...

FirstBank introduces first humanoid robot 

FirstBank introduces first humanoid robot …Reinforces commitment to providing innovative financial solutions for customers FirstBank has launched an industry first...

Bloomberg rates Dangote richest man in Africa with $15.6bn

  …Emerges the only Nigerian among six Africans in the top 500 Index   President of Dangote Group, Aliko Dangote remains the richest man in Africa, despite...

Tinubu opens up on unification of exchange rate 

…Says it is to save the country from bleeding President Bola Ahmed Tinubu on Thursday in Lagos spoke on reasons for the unification of exchange rate and...

Tariff increase: NERC awaits president’s approval, plans stakeholders meeting

  The Nigerian Electricity Regulatory Commission, NERC, is awaiting the approval of President Bola Tinubu before a new tariff regime is made public. The review of...

CBN fixes new transaction limits for contactless payments

  The Central Bank of Nigeria has fixed new transaction limits for contactless payments in the country and also set date for implementation. The new limits and...