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Sterling Edges Up, Stuck Within Recent Ranges
Sterling rose slightly on Monday but remained within recent ranges as analysts said concerns about economic growth…
E-Naira – Emefiele Announces New ‘100 For 100’ Instrument
President Muhammadu Buhari has launched the Central Bank of Nigeria (CBN) digital currency, the e-Naira.
While…
Analysts Projects A Spike In FBN Holdings Share Price
Shareholders and analysts in the Nigerian capital market have projected a rise in the share price of FBN Holdings…
Nigeria: President Muhammadu Buhari Launch E-Naira
The President, Major General Muhammadu Buhari (retd.), on Monday, launched the eNaira platform.
The eNaira is a…
NIN-SIM Linkage Subscribers Want Two-Month Extension As Deadline Nears
Telecommunication subscribers are clamouring for a two-month extension of the October 31 deadline for National…
FG Mulls Bill On Digital Economy
The Federal Government has said it is working on a bill – the Nigeria Startup Bill (NSB)- that will aid digital…
Newly listed Nigerian Exchange Group Led Gainers With 23.94 Percent
Newly listed Nigerian Exchange Group Plc traded high at the end of last week’s transaction on the equities sector…
AMCON Yet To Pay Arik Air Unsecured Debt Since It Took Over
The Asset Management Corporation of Nigeria “AMCON” has refused to pay to the aviation agencies N9.6 billion and…
President Of Federal Republic Of Nigeria To Unveil Central Bank Digital Currency…
President Muhammadu Buhari will unveil the Central Bank Digital Currency, known as the eNaira, today at the State…
PayPal Says It Is Not Interested In Acquiring Pinterest
U.S. payments giant PayPal said that it is not currently interested in buying social media platform Pinterest.…
LocalGlobe Leads 7-figure Seed Round For Nigeria’s Eden Life
Nigerian startup Eden Life, a home services app for scheduling food, laundry and cleaning services, has raised a…
MFS Africa Makes “Second-Highest” Fintech Acquisition In Nigeria
MFS Africa, the largest pan-African digital payments hub, announced that it had signed an agreement to acquire…
34 Oil Companies Disbursed $896.891 Million Social Expenditure
Thirty-four foreign and indigenous oil companies disbursed $896.891 million as social expenditure in the 12 months…
Tesco Website And App Down After Online Hack Attempt
Tesco’s online grocery store website and app have been removed by hacking attempts, retail giants said.
The…
FBNH’s Equity In Airtel Nigeria Could Be Over N200 Billion
FBN Holdings Plc, a major beneficiary of Airtel Africa’s buy-back of the unquoted shares of Airtel Nigeria, could…
Facebook To Pay For News Content In France
Facebook said Thursday it had reached an agreement with some French newspapers to pay for news content shared by…
Court Satisfied With MultiChoice Deposit Of N8 Billion in Tax Case
At the hearing in Lagos on Wednesday, the administrative court said it was satisfied that MultiChoice had…
Elon Musk Set To Become First Trillioniare Through His Company SpaceX
Elon Musk, the world’s most renowned entrepreneur and the CEO of two of the world’s largest companies, SpaceX and…
Femi Otedola Acquire 30 Billion Worth Of Shares In First Bank
From having a humongous loan portfolio of N192 billion in 2012 via his then Zenon Petroleum and Gas Ltd which was…
Nigeria Stock Exchange Equities Investors Gain N237 Billion
Transactions on the equities sector of the Nigerian Exchange Limited (NGX) sustained a rising profile yesterday,…
Nigeria External Reserves Rise To $40 Billion In Three Weeks
Nigeria’s external reserves gained $3.98bn in three weeks, rising above the $40bn mark, according to data obtained…
Oil Refining Renaissance Under Threat From Natural Gas Crisis
Surging prices for natural gas are threatening to eat up the profit some oil refiners are making on their fuels,…
Nigeria Must Reduce Over-Dependence On Oil – Akeredolu
The Ondo State Governor, Mr Rotimi Akeredolu, on Wednesday, said there was a need to develop strategies that would…
CBN Deepening NFIS Via E-Channel Transactions
Three months after the Central Bank of Nigeria (CBN) lowered its hammer on Bureau de Change operators over alleged…
Customs’ Move To Impound Private Jets
LAST week, the Nigeria Customs Service (NCS) threatened to impound 29 private jets on which the owners had not paid…
Oil Rises Modestly As U.S. Crude Stockpiles Dwindle
Oil prices edged higher on Wednesday, rebounding from early losses after U.S. crude stockpiles unexpectedly fell…
AFDB, ADFl, And Y’ello Digital Financial Services Agreed On $500,000 Grant For…
The African Development Bank initiative, the Africa Digital Financial Inclusion Facility (ADFI), and Y’ello Digital…
Central Bank Of Nigeria To Promote Entrepreneurship By Supporting Youths With…
The Central Bank of Nigeria has said it will support youths in tertiary institutions with grants to promote…
China’s Yuan ouches Firmest Point Since June After Strong Fixing
China's yuan briefly rose to its highest point against the U.S. dollar in more than
four-and-a-half months on…
FX Turnover On FMDQ Drops By 28.4% On Reduced CBN Interventions, Foreign Portfolio…
Following reduced interventions by the Central Bank of Nigeria (CBN) and a decline in foreign portfolio investment…