FBNBank Ghana changes to FirstBank Ghana to align with group identity
FBNBank Ghana has announced its name change to FirstBank Ghana, aligning with the identity, values, and vision of the FirstBank…
Day: May 7, 2024
GoSolr to enhance solar-generation capacity in South Africa
GoSolr, a South African company, plans to increase its solar-generation capacity to 500 megawatts in the next four years, up…
Apple Unveils M4 Chip for iPad Pro
Apple introduced its latest chip, the M4, designed to excel in artificial intelligence tasks, in the iPad Pro model, a…
Disney’s surprise streaming entertainment profit offset by weaker TV business
Walt Disney’s shares fell 8.5% in morning trading despite a surprise profit in its streaming entertainment division, as a drop…
Prices of rice, garri, beef rise 27.4% in March – NBS
According to data from the National Bureau of Statistics (NBS), the average prices of rice, garri, and beef experienced a…
List of financial transactions exempted from 0.5% cybersecurity levy
In a circular signed by Chibuzor Efobi, the director of payments system management, and Haruna Mustafa, the director of financial…
Access Holdings, Partners Move To Empower Women With Disabilities
International charity organization Sightsavers, in collaboration with Access Holdings, Unilever, UK Aid, and UNICEF, has initiated the Sabi-Woman project to…
Naira appreciates to N1354/$ despite low dollar supply at official market
Despite facing low dollar liquidity, the Nigerian naira showed strength against the US dollar in Monday’s trading at the official…
Banks to Implement 0.5% Cybersecurity Levy on Electronic Transfers
In response to directives from the Central Bank of Nigeria (CBN), banks across the country will soon introduce a 0.5…
Seplat to deliver 13 new oil, gas wells in 2024
Seplat Energy Plc has revealed its drilling program for 2024, aiming to deliver 13 new oil and gas wells across…
UK-Nigeria Bilateral Trade Reaches £7 Billion
Richard Montgomery, the British High Commissioner to Nigeria, has disclosed that bilateral trade between Nigeria and the UK has surged…
Nestle Grows Sales By 43%, Earns N183.5bn In Q1
Nestle Nigeria Plc has recorded a significant 43.4 percent Year-on-Year increase in revenue for the first quarter ended March 31,…
Cash deposit in banks increase by 66%
Customers’ deposits in Nigeria’s leading deposit money banks witnessed a remarkable 66 percent Year-on-Year increase, soaring to N76.04 trillion by…
Cadbury Nigeria Reports 43% Revenue Increase in Q1’24
Cadbury Nigeria Plc has disclosed a notable revenue of N23.695 billion for the first quarter ended March 31, 2024 (Q1’24),…
SEC Plans to Delist Naira from P2P Crypto Trading to Curb Manipulation
Dr. Emomotimi Agama, the Acting Director General of the Securities and Exchange Commission (SEC), has announced the Commission’s intention to…