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Three bankers arrested over $2b fraud

For their alleged involvement in $2 billion fraud, three former Credit Suisse bankers have been nabbed. They are accused of taking part in a $2...

Apple cuts revenue over poor sales of iphone in China

Apple cut its revenue forecast on Wednesday, with CEO Tim Cook blaming poor iPhone sales in China. The company said it expected to bring in...

CCNN/BUA Kalambaina Cement merger finally get approval from SEC, NSE, shareholders

A Federal High Court sitting in Lagos has given its final sanctions to the scheme of Merger between the Cement Company of Northern Nigeria...

Alleged illegal $8.1 billion repatriation – MTN to pay $53m as settlement for CBN CCI dispute

The Central Bank of Nigeria has agreed to accept $53 million offer from South African telecom giants, MTN after both parties reached a settlement...

Pay Without CARD, AC’Gate Solution unveils Africa’s Gold Standard for payments

CoralPay has deployed the first interoperable USSD and mobile payment platform to Nigerians desirous of a seamless and secure payment solution.  The solution, which...

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