Business

L-R: John Giusti; Mcebisi Jonas; Cena Lawson at UNGA event
MTN Group Chairman Mcebisi Jonas, Togolese Minister Cena Lawson, and GSMA’s John Giusti Address Digital Access Inequalities at Semafor’s UNGA Event

At the 79th United Nations General Assembly (UNGA) in New York, key stakeholders gathered at…

eid maulud
Nigeria suffered ₦4.5tr budget deficit in Q2 2024

The Central Bank of Nigeria (CBN) has revealed that the country’s budget deficit hit ₦4…

Funke Opeke
Funke Opeke resigns as MD/CEO of MainOne as Equinix completes takeover

Funke Opeke, the founder and first CEO of MainOne, has stepped down from her role…

NEC asks Tinubu to Withdraw Tax Reform Bills from National Assembly

The National Economic Council (NEC) has called on President Bola Tinubu to withdraw the Tax…

CBN Ups Interest Rate
Nigeria’s External Reserves Surge to $40.2 Billion, CBN Reports

The Central Bank of Nigeria (CBN) announced an increase in the nation’s external reserves, now…

House of Reps Proposes Aba, Ibadan, Lagoon, and 28 Other New States
Reps urge CBN to withdraw old Naira notes

The House of Representatives has asked the Central Bank of Nigeria (CBN) to start withdrawing…

Oyedeji named Group Managing Director of FBN Holdings

Mr Adebowale Oyedeji has been announced as the new Group Managing Director (GMD) of FBN…

CBN Ups Interest Rate
Cardoso Reflects on Key Policies as CBN Launches Electronic Forex Matching System

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, when he unveiled the…

CBN Report: Nigeria’s Net Forex Declines by 2.97% in Q3 2024
CBN cites reason for increasing interest rates to 27.25%

The Central Bank of Nigeria (CBN) has cited a need to curb as its reason…

FG set to implement new tax regulations
FG To Implement New Tax Regulations To Help Manufacturing Sector

The Federal Government of Nigeria is set to establish new tax rules that lessen the burden…

CBN Ups Interest Rate
Breaking: CBN Ups Interest Rate to 27.25%

The Central Bank of Nigeria (CBN), has announced its decision to increase the monetary policy…

Okonjo-Iweala Guns For 2nd Term As WTO DG
Ex-Finance Minister, Okonjo-Iweala, Guns For WTO DG 2nd Term

Nigeria’s former Finance Minister, Okonjo Iweala, has announced her intention to run for second term as…

EFCC to battle banks on fraud
Fraud: EFCC Vows to Prosecute Nigerian Banks and Top Officials

The Economic and Financial Crimes Commission (EFCC), has vowed to purge the banking sector of…

Elon Musk
Elon Musk Set To Hit Record Trillionaire Status By 2027

Business mogul and C.E.O of X, Elon Musk, is on course to become the first…

Nigeria-Government-Allocates-Over-N700m-To-Ajaokuta-Steel-Company
Nigeria Government Apportions N700Million Plus To Dying Ajaokuta Company

The Federal government of Nigeria has apportioned a sum in excess of N700m from its…

Binance-CEO-richard-teng-denies-causing-naira-fall
Binance Not Responsible For Naira Decline- CEO Knocks Tinubu

Cryptocurrency trading platform, Binance, has slammed President Bola Tinubu for alleging that it was responsible…

CBN Hits Record Remittance Inflows
CBN Hits Record Remittance Inflows Of $553Million

The Central Bank of Nigeria (CBN) has witnessed a major jump in remittance inflows, hitting…

No Data Breach: Guarantee Trust Bank Denies Hacking Reports
No Data Breach: Guaranty Trust Bank Denies Hacking Reports

Guaranty Trust Bank, one of Nigeria’s leading commercial banks, has denied reports that its website…