Customs exchange rate for cargo clearance drops to N1593/$1
According to research, the exchange rate has remained steady at an average of N1600/$1 in both the official and parallel markets
The exchange rate for...
UBA creates more millionaires in Wise Savers Promo
As part of UBA’s commitment to support the savings culture in Africa, the bank is rewarding its loyal customers for saving towards their goals.
So...
Unity bank sealed up over alleged tax evasion
Unity Bank Plc has been sealed up by the government over tax evasion.
It was gathered that the bank kicked against the law by refusing...
Abdul Samad Rabiu’s BUA loses N1.62bn as company shares fall
Ex-staff cries out over alleged non-payment of entitlements
During the same period, Aliko Dangote made N2.49 billion ($6 million), and his wealth is now estimated...
Arik Air grounded as cabin crew down tools
Hundreds of Arik Air passengers were stranded on Friday morning at various airports across the country following an unannounced strike by the cabin crew.
The...
Fidelity Bank wins SME Support Bank of the Year as Charles...
Business
Fidelity Bank, in recognition of its dogged support for Micro Small and Medium Scale Enterprises (MSMEs) in the country, clinched the award for the...
Alleged N4.8bn Fraud: Billionaire Businessman, Cletus Ibeto To Be Arraigned By...
The Economic and Financial Crimes Commission (EFCC) will arraign businessman Chief Cletus Ibeto alongside his company, Ibeto Energy Development Company, on Thursday, October 5,...
Heritage Bank manager allegedly steals N19m from depositor’s account
A branch manager of Heritage Bank, Fidel Omeje, has reportedly stolen about N19m from a depositors’ account.
She was alleged to have secretly withdrawn...
Meta To Introduce ‘Threads’ To Rival Twitter
Meta, Facebook’s parent company, has made preparations to introduce Threads, a new app that will compete with Twitter.
The platform will go live on July 6,...
Fire razes popular Balogun Market in Lagos
A section of the Lagos popular Balogun market caught fire early hours of Tuesday. In footage seen by newsheadline247, the fire outbreak is still...