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MTN Nigeria seeks shareholders’ input In capital loss management
MTN Nigeria has announced plans to hold an extraordinary general meeting (EGM) with its shareholders later this…
FX market roars back to life with $1bn single-day trade
On Tuesday, Nigeria's foreign exchange market experienced its highest turnover in a single day since 2017,…
Dangote, Adenuga, others maintain top ranks on Forbes billionaire list
Despite economic challenges in the country, prominent Nigerian businessmen Aliko Dangote, Mike Adenuga, Abdulsamad…
Naira appreciates to N1,270 in parallel market
Today, Tuesday, the Naira showed signs of appreciation against the dollar in both the parallel market and the…
Google settles lawsuit, agrees to destroy billions of data records
HeadlineGoogle has agreed to destroy billions of data records as part of a settlement to resolve a lawsuit…
Dry weather threatens Ivory Coast cocoa crop
Farmers in Ivory Coast, the world's leading cocoa producer, are worried about their cocoa crop due to the lack of…
Over 100 companies benefit from tax exemption- NIPC
According to the Nigerian Investment Promotion Commission (NIPC), a total of 107 companies are currently receiving…
Alternative bank, TK Tech Africa set $500m digital sukuk partnership
The Alternative Bank and TK Tech Africa are teaming up to revolutionize financial technology and non-interest…
Nigeria’s exports to Netherlands hit N1.9 trillion in Q4
According to a report by the National Bureau of Statistics (NBS), Nigeria exported goods worth N1.9 trillion to…
Again Zenith Bank named best bank in Nigeria
Zenith Bank Plc has been honored as the Best Bank in Nigeria at the Global Finance Best Banks Awards 2024,…
Airfares expected to drop further as prices plummet by over 50%
Recent findings by Daily Trust have revealed a significant reduction of over 50 percent in international airfares,…
Electricity tariff hike looms as FG raises gas price
The Federal Government has announced an increase in the price of natural gas for power generation companies,…
Reduced crude oil exports by Nigeria, Iraq cause plunge in OPEC output
A recent survey by Reuters revealed a significant drop in oil output by the Organization of Petroleum Exporting…
Chams Holdings bounces back with N20.22m profit
Chams Holdings Plc, known for providing identity verification solutions, made a remarkable comeback in 2023,…
Banks positioned to meet new recapitalization requirements
The Association of Corporate & Marketing Communication Professionals of Banks has expressed confidence that…
Four banks delay filing of 2023 audited results
Four prominent banks, including United Bank for Africa, Zenith Bank, Stanbic IBTC, and Wema Bank, have disclosed…
Super-sized liquidity returns to Nigeria’s FX market as daily trades near $1bn
Nigeria's foreign exchange market experienced its highest turnover in a single day since 2017 on Thursday, with a…
FG directs banks to deduct 0.375% stamp duty on loans
The Federal Government has instructed commercial banks in Nigeria to deduct and remit 0.375% on all loans…
FG to arraign Binance, 2 others for alleged tax evasion April 4
The Federal Government is set to arraign Binance Holdings Limited and its top officials, Tigran Gambaryan and…
CBN sells N1.64 trillion in treasury bills as higher interest rates attract…
The Central Bank of Nigeria (CBN) successfully conducted an auction of Nigerian Treasury Bills (NTBs) on March 27,…
Crypto tycoon Sam Bankman-Fried sentenced to 25 yrs in prison
Sam Bankman-Fried, the disgraced cryptocurrency prodigy, received a 25-year prison sentence on Thursday following…
Oando PLC suspended from Johannesburg stock exchange over financial reporting…
Oando PLC, a prominent Nigerian energy company listed on the Nigerian Exchange Limited (NGX) and the Johannesburg…
Presco and Okomu Oil Palm companies eeport profit growth
Data compiled by BusinessDay reveals that the combined profit of Presco Plc and Okomu Oil Palm Company Plc surged…
Naira strengthens as dollar supply increases at official market
Following the Central Bank of Nigeria's (CBN) decision to raise key interest rates, the Naira has seen further…
CBN sends strong signals with interest rate hike
Olayemi Cardoso, the governor of the Central Bank of Nigeria (CBN), sent two significant messages to the investor…
2m youths to be trained in Wema Bank/FGN-ALAT programme
Wema Bank has introduced the second cohort for the FGN-ALAT Digital Skillnovation Programme, in collaboration with…
Huawei partners with banks, revolutionize finance
Leading banks in Nigeria, including Access, Zenith, and UBA, gathered in Lagos for the Huawei Finance Congress,…
Protesters block PH airport entrance over lack of amenities
Residents of Omagwa and Ipo communities in Rivers State staged a protest at the entrance of the Port Harcourt…
Leadership dispute emerges at Eko DisCo
A dispute over leadership has arisen at the Eko Electricity Distribution Company (EKEDC), with conflicting…
Dangote, Elumelu, Rabiu, others make Tinubu’s economic team
President Bola Tinubu has given the green light for the establishment of two crucial bodies aimed at addressing…