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…
Agric-Tech Start-Up Secured $3.2 Millions Seed Round
Vendease, an agri-tech startup that lets restaurants and other food businesses buy supplies directly from…
United Bank Of Africa Recorded N490.3 Billion Gross Earning In Q3
United Bank for Africa, UBA Plc has recorded N490.3 billion gross earnings for the third quarter ended September…
What To Know About Nigeria Digital Currency
On Monday, President Muhammadu Buhari unveiled eNaira, Nigeria’s digital currency.
At the launch, Buhari said…
Search Engine “Ecosia” Launch $405 Million Venture Capital Fund For Climate Crisis
Ecosia, the search engine that uses its ad revenue no to plant trees, has launched a 350 million euro ($405…
World Bank Frowns At Nigeria Plan To Spend N2.9tn On PMS Subsidy
The World Bank has decried the continued spending by the Nigerian government on petrol subsidy, which it said is on…
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…
CBN Introduces E-Naira Speed Wallet And E-Naira Merchant Wallet
The Central Bank of Nigeria has finally launched its Central Bank Digital Currency called eNaira on Monday.
The…
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…
Nigeria Government To Spend N7.53 Billion On 109 Digital Projects
The Federal Government has said it plans to spend about N7.53bn on digitisation and computerisation projects in…
HSBC Pre-Tax Profit For Q3 Jumped 75.8 Percent
HSBC on Monday reported third-quarter earnings that handily beat expectations and announced plans for a share…
French Development Agency Staked $70 Million To Bridge Nigeria Power Needs
To bridge the nation’s power needs and reduce environmental pollution, the Agence Francaise de Developement (AFD)…
Nigeria: Federal, State and Local Government Disagree Over Repayment Of Paris Club…
Payment of salaries by about 33 states of the federation is uncertain as the decision of the federal government to…
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…
Pension Fund Administrators Invested N2.05 Trillion Pension Fund In Banks In 6…
The total amount of pension funds invested in banks by Pension Fund Administrators rose to N2.05tn at the end of…
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.…
World Bank Barred 18 Nigerian Individuals And Firms
The World Bank has blacklisted 18 Nigerian individuals and firms for engaging in corrupt practices, fraud and…
Frazium Energy Strikes Deal For Solar Battery Project In Eswatini
Australian renewable power producer Frazium Energy has inked a deal with the government of Eswatini, also known as…
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…
UK Export Finance Of £1.5 Billion For Nigeria Is Largely Untouched
The £1.5bn financing set aside for Nigeria by the UK Export Finance, the United Kingdom government’s export credit…
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…
First Bank OF Nigeria Holdings, Battle Of Major Stakeholder
There is a struggle for the control of Nigeria’s premier banking institution, FBN Holdings Plc.
The fight is…