The Standards Organisation of Nigeria (SON) has again validated the capacity of First City Monument Bank (FCMB) to provide best-in-class products and services that always meet...
Sterling Bank has appointed Olusola Oworu, the former Independent Director at First Bank of Nigeria (FBN), who was also the former Special Adviser on Commerce &...
More opportunities are about to open up for Nigeria’s oil, as Germany, the world’s 10th largest consumer of crude oil announced plans to stop buying Russian...
MTN Nigeria Chief Risk and Compliance Officer, Cyril Ilok, has resigned a month after female employees in the telecommunications company alleged that he uses his position...
The International Monetary Fund (IMF) has said rising private debt would slow economic recovery in Nigeria and across the world, stating vulnerable households and firms might...
Investors at the Nigerian stock market smiled home with an impressive N319.6 billion following the rise in equity capitalisation by 1.24 percent at the close of...
Nigerian Fintech startup, Kuda, has faulted 24-year-old Point of Sales (PoS) operator, Olakunle AbdulGafar, for the harassment he faced in the hands of some officers of...
The Federal Competitor and Consumer Protection Commission (FCCPC) on Wednesday waded into the arrest of a National Youth Service Corps (NYSC) member, Olakunle AbdulGafar, for an...
Despite the high cost of air transportation, Nigeria’s domestic airlines in 12 months of 2021 airlifted over 13 million passengers from one part of the country...
The cost of a litre of Premium Motor Spirit (Petrol) increased by 8.73 per cent in March 2022 with Nigerians residing in the South-East region paying...
Netflix reported a disappointing first quarter earnings after failing to surpass its 2021 Q1 net income this year, with the company informing shareholders that its revenue...
The Federal Competition and Consumer Protection Commission (FCCPC) has warned Electricity Distribution Companies (DisCos) to bill consumers per hour amid shortage of power supply in the...
Investors at the Nigerian stock market went home with N19.1 billion after the bourse resumed from the Easter break on Tuesday. This followed the rise in...
The Ogun State Internal Revenue Service (IRS) says it has generated a total of N11.804 bn as revenue into the state government’s coffers, between January and...
A new report has revealed that the amount of money paid for electricity hit an eight-year high in 2021. The report which was Association of Nigerian...
C&I Leasing Plc and Universal Insurance Plc have announced their inability to meet the deadline for 2021 Audited Annual and First Quarter Financial Statements submission. According...
Oil and gas companies have been obliged to seek loans from Nigerian banks as vandalism cuts into their revenues. According to data from the Central Bank...
Nigeria’s reserves are on the rise again, in a twist from the recent months of massive withdrawals without any dollar added. According to data from the...
The founder of Microstrategy, Michael Saylor, says persons who thought bitcoin was too good to be true are nearly nonexistent, days after holding a poll on...
The Director-General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, has been caught in the faceoff between Twitter board and world’s richest man, Elon Musk....
The International Monetary Fund (IMF) said on Monday that banks in Nigeria and other emerging markets are exposed to high risk due to rising governments’ debt...
Advertising Practitioners Council of Nigeria (APCON) on Monday threatened to sanction Sterling Bank over the controversial Easter advert to mark the Easter celebration. The lender had...
For failing to meet the expected deposit in their current accounts, the Central Bank of Nigeria (CBN) has removed from banks accounts a whopping N7.02 trillion....
MTN Nigeria, Dangote Cement, Stanbic IBTC, and UAC Nigeria were selected as some of the stocks that should be on investors radar as the capital market...
The Nigerian Economic Summit Group (NESG) has called on the Nigerian government not to treat the Russia-Ukraine war lightly, that it brings pains and opportunities for...
Shareholders’ investment in Dangote Cement grew by 2.37% after four days of trading this week while its market competitor, BUA Cement, didn’t offer its investors much...
Flutterwave co-founder, Iyinoluwa Aboyeji, said he was horrified by the allegations against the current Chief Executive Officer of the African unicorn, Olugbenga Agboola, a day after...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the...
Investors at the Nigerian capital market splashed N22.372 billion on 1.247 billion shares in 23,406 deals in four days this week. This surpassed the N10.812 billion...
Nigeria’s Federal Government stated on Friday that the new tobacco tax regime will take effect on June 1, 2022. Fatima Hayatu, Director of Technical Services at...
The founder of Twitter, Jack Dorsey, has waded into the hostile takeover drama involving billionaire businessman, Elon Musk and the board of the social media platform....
The managing director and Chief Executive Officer of Abbey Mortgage Bank, Madu Hamman, has resigned from his position, and has been replaced by the board of...
Nigeria’s inflation figure has hit 15.92%, the highest it ever has in the last six months. The National Bureau of Statistics (NBS) has announced that Nigeria’s...
Saudi Arabia’s investment vehicle, Kingdom Holding Company (KHC), has rejected the Twitter takeover offer from world’s richest man, Elon Musk, days after largest shareholder, Vanguard Group,...
The 150 exporters who participated in the Race To $200 billion scheme have qualified for a N3.5 billion rebate. This was one of the highlights of...
Nigeria’s Securities and Exchange Commission (SEC) has remained mute to the insider trading allegations made against Flutterwave co-founder and Chief Executive Officer, Olugbenga Agboola. Ripples Nigeria...
Vanguard Group, an asset manager, has become the largest stakeholder in Twitter, displacing Elon Musk, amid the ownership tussle involving the world’s richest man and Twitter...
The Nigerian capital market continued its bullish run on Thursday with investors pocketing N77.1 billion after eight hours of trading on the floor of the bourse....
APG Interline Electronic Ticketing Agreements (IET) has recalled and cancelled the notice it made to its trade partners to issue air tickets in the United States...
An interview conducted by former Flutterwave Chief Executive Officer, Iyinoluwa Aboyeji, in 2021, has contradicted his claim that there wasn’t any disagreement leading to his exit...
The Federal Government on Wednesday announced that the Port Harcourt Refinery would commence operations by the first quarter of 2023. The Minister of State for Petroleum...
Elon Musk has threatened to withdraw his shareholder position in Twitter if the board doesn’t accept his offer to acquire 100% of the microblogging site, as...
The Central Bank of Nigeria (CBN) has approved the appointment of two executive directors into the Zenith Bank board, while two Non-Executive Directors have also joined....
Oil and gas companies operating in the Niger Delta spilled 1,545 barrels of crude oil, an equivalent of 246,000 litres, in three months, from January to...
Sina Estavi, an Iranian-born crypto entrepreneur, is in a dilemma following a disappointing non-fungible token (NFT) auction, which has fallen below his expectation and that of...
The former Chief Executive Officer of Flutterwave, Iyinoluwa Aboyeji, has addressed allegations trailing the current CEO and co-founder of the African unicorn, Olugbenga Agboola. Responding on...
Foreign Airlines will from 19 April ask Nigerians looking to travel out of the country to buy their tickets in dollars. The development is coming amid...
The MasterCard Index of Women Entrepreneurs (MIWE)2021 report, released at the end of March, 2022, has continued to attract reviews from key institutions within the African...
The World Bank has issued a fresh prediction on Nigeria’s economy for 2022, raising its growth to 3.8%, up from 2.5% projected earlier in the year....
The Central Bank of Nigeria (CBN) has given its full approval for Development Investment Bank (DLM Capital) to acquire Links Microfinance Bank 12 months after the...
