eNaira: Here’s All you need to know about Nigeria’s new digital...
The official website of the eNaira has gone live, just a week to the launch of the digital currency initiated by the Central Bank...
Subsidy Fraud: EFCC boss confronts Ali Peters, Nadabo Energy in court...
Peters and Nadabo Energy are facing a 21-count charge bordering on obtaining money under false pretence, diversion of Federal Government funds and forgery to...
UBA, GTB, FCMB, others fined N1.4bn fined for forex infractions
GTB paid a total sum of N692m as penalties to regulators for two major infractions bordering on foreign exchange transactions
Five top banks in Nigeria,...
One killed, many injured as Dangote deploys soldiers against refinery workers...
Over 20,000 workers drawn from various neighbouring communities were laid off
Soldiers attached to billionaire industrialist Aliko Dangote’s Savannah Sugar Refinery in April killed a...
abokiFX suspends rate updates to see if it’ll help Naira rise...
PRESS RELEASE
ABOKIFX MANAGEMENT DECISION
abokiFX is fully functional BUT we will not be publishing any form of rates on our platforms for now.
abokiFX has taken...
EFCC to drag ex-Union Bank CEO, Emeka Emuwa, others to Court...
One of Nigeria’s old generation deposit money banks (DMBs), Union Bank of Nigeria Plc, is currently enmeshed in an alleged N1.9 billion fraud saga, according...
Nestlé unveils plans to support the transition to a regenerative food...
PRESS RELEASE
ACCRA, Ghana, September 17, 2021/ -- Nestlé is laying out its plans to support and accelerate the transition to a regenerative food system...
Fidelity Bank announces 72.4% increase in Profit Before Tax to N20.6bn
Fidelity Bank Plc has announced a profit before tax of N20.6billion for half year ended June 31, 2021 as against the N12billion in reported...
Nigerian Naira hits all-time low of 543 against dollar
The naira has continued its downward spiral on the parallel market, selling for N543 to the dollar on Thursday.
While bureau de change operators in...
BUA, Turkish firm seal deal to construct plaster manufacturing plant
One of Africa’s leading industrial companies, BUA Group, is set to commence the construction of a 2,000tons/day Plaster of Paris (Gypsum Powder) production plant.
This...