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Redefining Digital Assets in Nigeria
On 5th February, 2021, the Central Bank of Nigeria (CBN) sent a memo to banks and other financial institutions to...
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Discos receive 407,622 customer complaints in six months
Electricity distribution companies in the country received a total of 407,622 complaints from their customers in the first half of...
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Debate over Cryptocurrency Rages on
For close to one month after the Central Bank of Nigeria (CBN) prohibited the use of cryptocurrency in the country’s...
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Naira depreciates to 410/$ at the official market — Emefiele
The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, has said the naira has depreciated at the official...
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Hyundai Nigeria Launches 2021 Grand i10 Sedan, Petrol Kona
As a way of providing options to Hyundai Kona Electric Vehicle (EV) customers, Stallion Hyundai Motors Nigeria recently launched both...
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Food prices rose in January, says NBS
There was a general rise in food prices in January, the National Bureau of Statistics has said. The NBS said...
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Osinbajo faults CBN on cryptocurrency ban calls for rethink
Vice-President Yemi Osinbajo on Friday faulted the decision of the Central Bank of Nigeria to prohibit deposit money banks, non-banking...
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Rolls-Royce Crafts, Allocates 20 new Phantom Limousines
A new collection of Rolls-Royce pinnacle Phantom limousine has been built and allocated to select-clients, only 20 of them. Rolls-Royce...
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Brands Must Own Customer Data to Survive
The Chief Executive Officer of Tarragon, Mr. Elo Umeh has explained the critical role ownership of customers’ first-party data plays...
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Glo claims biggest Internet subscriber growth in 2020
Telecommunications Company, Globacom, has recorded a major leap in its Internet subscriber base with a 39 per cent growth in...
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Electricity consumers get 611,231 meters under MAP scheme
A total of 611,231 meters have been deployed as at January 31, 2021 under the Meter Asset Provider initiative since...
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Wema Bank Posts N81bn Earnings, N5.1bn Profit after Tax
Wema Bank Plc yesterday released its unaudited results for the year ended December 31, 2020, showing marginal decline in top...
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Nigeria will benefit less from African trade deal – NESG
Nigeria and other resource-based countries will benefit less from the African Continental Free Trade Area than economies that are more...
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Delta to earn N100m from Asaba Airport concession yearly
Delta State government has signed off the Asaba Airport facility to concessionaires in a deal that will earn the state,...
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Report: Nigeria Records High Internet Usage, Low Download Speed
A recent report published by We Are Social and Hootsuite has shown that Nigeria maintains high record of internet usage,...
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The automotive industry attracted $1bn in 2019, says FG
The Federal Government has said its reforms in the automotive industry attracted investments worth over $1bn in 2019. The Director-General,...
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NCC Highlights Role of Telecoms in Nigeria’s Exit from Recession
The Nigerian Communications Commission (NCC) has highlighted the role played by the telecommunications sector in lifting the country out of...
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MDAs failed to remit N1tn, says FRC
Ministries, departments and agencies of the Federal Government are in deficit of over N1tn to the Consolidated Revenue Fund, the...
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Nigeria’s revenue prospects brighten as oil hits $67
The international oil benchmark, Brent crude, rose further on Wednesday to $67 per barrel, compared to Nigeria’s budget benchmark of...
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Stanbic IBTC Offers Low-Interest Agric Loans
Stanbic IBTC Bank Plc has reaffirmed its commitment to the growth of Nigeria’s agriculture sector by supporting farmers and other...
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Zenith Bank posts N696.5b gross earnings in 2020
Amidst a harsh operating environment, Zenith Bank Plc has announced gross earnings of N696.5 billion in its 2020 operations, against...
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Standard Chartered introduces COVID-19 support for entrepreneurs
Standard Chartered Bank has said it has launched new programme with Youth Business International, to support young entrepreneurs hit by...
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Diesel price soars to N250/litre, businesses groan
The price of Automotive Gas Oil, also known as diesel, has risen to a high of N250 per litre, with...
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CIBN, NIBSS Introduce e-Payment Certification Programmes
The Chartered Institute of Bankers of Nigeria (CIBN) in collaboration with Nigerian Interbank Settlement Systems Plc (NIBSS) have introduced professional...
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NSE market capitalization appreciates by N27bn
The market capitalisation of the Nigerian Stock Exchange for the third consecutive day on Wednesday posted further growth increasing by...
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