Ecobank, Standard Chartered lead in capital importation to Nigeria

Ecobank National Bureau of Statistics (NBS) says Ecobank Nigeria and the local unit of Standard Chartered Bank have joined Stanbic IBTC Bank to become foreign...

Chevron puts stake in 2 Nigerian oil blocks for sale

  Chevron selling off Nigerian oil fields A Chevron spokesman said the oil giant has launched the sale of its stakes in two Nigerian offshore oil...

Nigeria’s Future lies with Private Sector – Hamzat

L-R, Lagos State Commissioner for Science & Technology Mr. Hakeem Fahm; Lagos State Deputy Governor, Dr. Kadri Obafemi Hamzat; Special Adviser to the Governor...

Emefiele says ‘no cause for alarm’ over drop in foreign reserves

Mr Godwin Emefiele, CBN Governor Mr Godwin Emefiele, the Governor Central Bank of Nigeria (CBN) says there is no cause for alarm in the imaginary...

Nigeria, S’Africa mull MoU on assets recovery – Magu

Ibrahim Magu Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Ibrahim Magu, on Friday said plans were underway for an MOU between...

Interswitch Group Bags Sub-Saharan Africa Rising Star Award from Linkedin

(L – R) David Whelan, Africa Head, LinkedIn Talent Solutions; Chinenye Tony-Chidolue, Senior HR Business Partner, Interswitch; Tomi Ogunlesi, Head, Corporate Communications, Interswitch; Luke...

FBI-wanted scammer Oluwatosin forfeits house, cars, bags prison term

Emmanuel Oladeji Oluwatosin, right An FBI-wanted scammer, Emmanuel Adedeji Oluwatosin, was convicted on Tuesday by Justice M S. Sifawa of the Sokoto State High court...

#OsunSummit: Your business will flourish here, Oyetola tells investors

Governor Gboyega Oyetola while delivering his speech at Osun Economic and Investment Summit held at Aurora Conference Centre, Osogbo By Taiwo Okanlawon Stakeholders in business, investors,...

Court restrains Nigerian banks from honouring National ID produced by Mastercard

Mastercard A Federal High Court in Lagos has ordered all Nigerian banks not to honour any Mastercard transaction that has the logo of the National...

Jumia suspends business in Cameroon

A Jumia warehouse: operations suspended in Cameroon Online retailer Jumia Technologies, often called “the Amazon of Africa”, said it suspended its e-commerce platform activities in...

Habit that will make you Rich.

Becoming rich requires a lot of sacrifices. Source/123rf.com/ Everybody dreams of getting rich. Imagine a world where money is in plenty and you...

Ecobank adopts Growth Strategy, targets strong ending for 2019

Ecobank Apparently to grow its deposits portfolio, Ecobank has made some moves in recent times. The Pan- African Bank with a presence in 33 African...

Bauchi governor, colleagues, Dangote to meet Bill Gates on health intervention

Bauchi State Governor, Bala Mohammed and his counterparts from Borno, Lagos, and Gombe States and the President of the Dangote Foundation, Aliko Dangote are...

Nigeria, South Korea to strengthen business ties

The South Korean Government has intensified moves to strengthen business relationship with Nigeria in key areas of the economy. At a forum tagged the Nigeria-South...

100 female poultry farmers get 1,000 broiler chicks, others in Imo

Photo: PIXABAY One hundred indigent female poultry farmers, selected from communities in Ahiazu Mbaise Local Council Area of Imo State, have received 10 crossbred (Noiler)...

Infinix S5 Full Specifications

NETWORK Technology GSM / HSPA / LTE 2G bands GSM 850 / 900 / 1800 / 1900 - SIM 1 & SIM 2 3G bands HSDPA 850...

Traders count losses as fire guts Balogun market in Lagos

One of the buildings gutted by fire at Balogun market, Lagos…yesterday. A wildfire yesterday gutted a section of the popular Balogun Market on Lagos Island. An...

Balogun Market Fire Continues Into The Night, Several Hours After It Started

Several hours after the Balogun market fire started, it has continued into the night. It was reported that earlier today that the fire gutted a...

Charcoal producers attack Magistrate, ministry officials in Bauchi

Two staff of the Bauchi State Ministry of Housing and Environment on Saturday reportedly escaped being lynched by some charcoal producers in Zaranda village...

Atiku reveals why price of rice will drop soon

Governor Atiku Bagudu of Kebbi State has said that the bumper harvest recorded this farming season will help stabilise the price of rice in...

Femi Otedola Celebrates 56th Birthday

Nigerian billionaire, Femi Otedola on Monday, 4th of November turned 56 years of age. Femi Otedola was born on November 4 1962 in Oyo State...

Border Closure: Northern Textile Traders Say They Stand To Lose Over N3 Trillion

While the Nigeria Customs Service (NCS) is boasting that it has made nothing less than N2.5 trillion as a result of the closure of...

Why Chinese loans must be scrutinised thoroughly – Mailafia

Former Deputy Governor of Central Bank of Nigeria (CBN), Obadiah Mailafia. With some African countries already nursing badly burnt fingers arising from failed Chinese loans/deals,...

First Bank Rewards Top Performing Agents With Over 15 Million Naira (PHOTO)

First Bank of Nigeria Limited has expressed its commitment to driving financial inclusion across Nigeria. With currently over 37,000 Firstmonie Agents, present in 99%...

CBN Gov. Emefiele reveals what will happen if borders remain closed for two years

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says if border closure is sustained for the next two years, issue...

Innoson Partners With Shell For The Supply Of Innoson Vehicles(photos)

Today, Oct 30th 2019, the Chairman/CEO of Innoson Vehicles, Chief Dr Innocent Chukwuma OFR signed a Contract Purchase Agreement with ED Ubong, the Managing...

Foodcourt launches buffet restaurant to enrich customer’ experience

In a bid to redefine Small and Medium-scale Enterprises (SMEs) in restaurant operations, Rubels & Angels Foodcourt, has introduced what it calls an affordability...

Poultry farming good business for local entrepreneurs –Raji, Dekoraj Farms boss

Premised on the ban on some items and the intervention schemes on agribusiness by the Federal Government, Rilwan Raji, who is an agribusiness expert, a...

Medview Airline: We may resume operations November – Management

After temporarily suspending flights, Medview Airline may be resuming operations before the end of November. The Chief Operating Officer (COO), Michael Ajigbotoso, told aviation correspondents...

Infrastructure: Buhari eyes new US $60 billion support fund

In order to address the country’s infrastructural deficit, President Muhammadu Buhari has indicated interest in how Nigeria can key into the new United States...

NCC poised to power ICT startups, tech innovation in Nigeria – Danbatta

The Executive Vice Chairman and Chief Executive Officer of the Nigerian Communications Commission, (NCC), Umar Garba Danbatta, says the Commission is poised to finding...

MTN deactivates 600,000 subscribers

MTN Nigeria said it deactivated 600,000 active subscribers in compliance with the directive of the Nigerian Communications Commission to deactivate partially registered SIM cards. The...

Nigeria, Vietnam agree on visa waiver

Vice President Yemi Osinbajo on Wednesday at the State House Banquet Hall, Abuja, proposed a toast to the Socialist Republic of Vietnam and the...

MTN Nigeria signals strong earnings

MTN Nigeria reported strong earnings for the nine months to end September, boosted by an increase in subscriber numbers, and voice and data revenue. The...

Water Entered Shops At The Jankara Market, Lagos, Damaged Goods. PHOTOS

Man cries out after heavy flood enters their shop and damaged goods in Oroyinyin street, Adeniji Adele, Lagos Island. Inside jankara market. See what...

Alleged seizure of 30 containers of rice stirs controversy

•Firm says product confiscated since 2016, spoilt in custody The claim by the Nigeria Customs Service (NCS) that it seized 30 containers of rotten rice...

FCMB, SystemSpecs sign MoU, launch Payroll Solution for SMEs

First City Monument Bank (FCMB), a leading financial services provider, in collaboration with SystemSpecs Limited, has launched a solution that is focused on aiding...

Chevron selling off Nigerian oil fields

Chevron selling off Nigerian oil fields Chevron is seeking to sell several Nigerian oilfields as part of a global drive to reshape its portfolio as...

N50 Stamp Duties POS Charge Begins

The Central Bank of Nigeria (CBN) and the Nigeria Interbank Settlement System (NIBSS) are working for the application of remittance processes to ensure the...

Adopt 3-step formula of the rich to make money

Adopting the habits and strategies of rich people can guide you toward wealth, as long as you’re willing to put in the work. John, who runs...

Exit Of 109 Companies From NSE Causes Anxiety

Exits are often not very easy to manage whether its for an individual leaving an apartment he had stay for sometime or a company...

N50 PoS charge begins

The Central Bank of Nigeria (CBN) and the Nigeria Interbank Settlement System (NIBSS) are working for the application of remittance processes to ensure the...

5 Things That Can Make You Self-employed In Nigeria

I like to share information with people on ways they can start and run home businesses on the side. You can request for a...

Access Bank Sets To Acquire Transnational Bank In Kenya

The Competition Authority of Kenya gave Nigeria’s biggest lender the go-ahead to acquire 93.57% of Transnational Bank Ltd., as consolidation in the East African...

The Many Faces Of Bank Charges Paid By Nigerians

Banking has always been a way for people to save money or move from place to place without the risk of carrying large sum...

United States Partners Tony Elumelu Foundation On Entrepreneurship

She said, “Under this partnership, we selected 20 U.S. Consulate/TEF Fellows to receive additional entrepreneurship training through a day-long program at the U.S. Consulate...

MTN N4 USSD Charges Halted By FG

On Sunday, been October 20, MTN Nigeria sent messages to all its subscribers nationwide saying, it was going to start charging #4.00 per transaction...

IMF states position on Nigeria’s border closure

The International Monetary Fund (IMF) has backed Nigeria’s closure of its borders with some neighbouring countries over issues bordering on illegal trade. Mr Abebe Selassie,...