White House slashes credit card fees, app charges
Oluwanifemi Ojo The Executive Office of the President of the United States has announced its plans to reduce charges on credit card late fees and slash the prices charged…
Nigeria has 100% broadband penetration – Buhari
The president, Major General Muhammadu Buhari (retd.), on Tuesday, claimed that broadband penetration was at 100% throughout the nation. According to The Punch, he disclosed this at the maiden Digital Economy Conference…
US EV battery startup ONE’s valuation hits $1.2bn
Our Next Energy, a US-based maker of batteries for electric vehicles, reported that it closed a $300 million Series B funding on Wednesday. This round takes the valuation of the…
TI ranks Nigeria 150 on corruption index
The Transparency International has ranked Nigeria 150 on corruption index. Following this ranking, the country still retains its last year's point of 24 on the Corruption Perceptions Index. Although the…
Scarcity: PENGASSAN to clampdown on fuel stations selling above N650/litre
Research by the Petroleum and Natural Gas Senior Staff Association of Nigeria, has shown that the cost of Premium Motor Spirit, also known as gasoline, has soared to as much…
Old naira deposit to continue after deadline – Emefiele
The Central Bank of Nigeria Governor, Godwin Emefiele, on Tuesday disclosed that commercial banks will continue to accept the deposit of old naira notes after the expiration of…
AfDB’s $1.5bn agric fund’ll benefit 20 million farmers – Adesina
The president of the African Development Bank, Akinwunmi Adesina, has set aside a total of $1.5 billion for a "Emergency Food Production Facility" to enhance food security and sufficiency in Africa.…
Naira redesign: Reps to issue Emefiele’s arrest warrant Tuesday
Following a unanimous agreement amongst members, the Speaker of the House of Representatives, Femi Gbajabiamila, is expected to sign the warrant of arrest against the Governor of Central Bank of…
PHOTOS: Buhari commissions nine projects in Kano
On Monday, the President, Major General Muhammadu Buhari (ret.d) officially inaugurated nine different projects in Kano that the state and federal governments had jointly completed. These projects include, Federal Government’s…
Ryanair, EasyJet to hire defunct Flybe workers
Ryanair and easyJet, two low-cost airlines, are fast-tracking the defunct Flybe workers, which entered administration over the weekend, leading to 277 job losses. Ryanair is recruiting for all sectors of…
Abiola Bawuah named UBA’s first female CEO
The United Bank for Africa Plc has appointed Abiola Bawuah as the Chief Executive Officer of its operations in Africa. The bank announced her appointment, stating that this move…
Unilever appoints Hein Schumacher new CEO
Bisola David Unilever announced in the early hours of today that following an extensive, global search process, Hein Schumacher has been named as its next Chief Executive Officer. AMbusiness…
