Category: News

CBN introduces auction system to resolve unmet FX demand

The Nigerian Central Bank has revealed intentions to introduce a Retail Dutch Auction System in...

Windfall tax: Otedola, Elumelu’s views not banking community stance, says Fidelity Bank chair

The Chairman of Fidelity Bank Nigeria, Mustafa Chike-Obi, has said that personal opinions expressed by...

ECOWAS launches $906,205 aid for 2022 flooded Nigerian communities

The Economic Community of West African States has begun distributing its $906,205 (N1,449,928,000) aid to...

N2.9bn debt: Kaduna Electric accuses state govt of ‘cheap blackmail’

Kaduna Electric has vehemently refuted claims that it owes N600 million in unpaid taxes, alleging...

African Central Bank governors bemoan continent’s high borrowing costs

African central bank governors have voiced concern over the continent’s rising borrowing costs, emphasizing that...

Financial sector growth rises over 20% in three years – Report

Nigeria’s Financial and Insurance sector grew from 10.1 per cent in 2021 to 31.2 per...

Apple exceeds expectation, records $85.8bn revenue in Q3 2024

Apple has exceeded market expectations with its fiscal 2024 third-quarter earnings, reporting record figures of...

FG didn’t tamper with MTN, 9Mobile, other internet connection – Minister

Minister of Communication, Innovation, and Digital Economy, Bosun Tijani, has refuted claims that the Federal...

Guinness Nigeria declares 31% revenue growth

Guinness Nigeria Plc declared a 31% year-on-year revenue increase for the fiscal year that concluded...

WhatsApp may exit Nigeria over $220m fine – Report

One week after Nigeria’s Federal Competition and Consumer Protection Commission imposed a $220 million fine...

FG orders probe into $300 passport fee allegations at London Embassy

Minister of Interior, Olubunmi Tunji-Ojo, has announced an immediate investigation into the allegations made by...

FG projects $7.2bn expenditure on two deep seaport projects

The Federal Government will need to invest about $7.2bn to complete two approved deep seaports...

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