ZENITH BANK GMD/CEO, ONYEAGWU WINS BEST BANKING CEO AWARD IN AFRICA
For the second year in a row, Dr. Ebenezer Onyeagwu, the Group Managing Director and Chief Executive Officer of Zenith Bank Plc, has won the...
WE’LL CREATE CONDUCIVE ENVIRONMENT THAT’LL ATTRACT INVESTMENT, ENSURE BUSINESSES THRIVE IN LAGOS – MCCTI COMMISSIONER
By Ajape Sefiu A. The Lagos State Commissioner for Commerce, Cooperatives, Trade and Investment, Mrs. Folashade Ambrose-Medebem, has reiterated the Ministry and the State's commitment...
FOREIGN INVESTMENT OUTFLOWS IN NIGERIA SURGE BY 237% IN Q1 2024 AMID CBN POLICY
Foreign portfolio investment and FPI outflows in Nigeria surged by 237 percent in the first quarter of 2024 compared to the same period in 2023...
OIL, GAS SECTOR: TINUBU INAUGURATES NEITI GOVERNING BOARD
President Bola Ahmed Tinubu inaugurated the newly constituted 15-member National Stakeholders Working Group, also known as the Governing Board of the Nigeria Extractive Industries Transparency...
CSOs URGE FG TO REINTRODUCE CYBER SECURITY LEVY
Given the benefits of an improved security framework for financial activities in the nation, the Federal Government has been encouraged by the Coalition of Civil...
BREAKING: CBN INCREASES INTEREST RATE TO 26.25%
The Monetary Policy Committee of the Central Bank of Nigeria has increased the benchmark interest rate to 26.25 percent. This was disclosed by the Governor...
CBN DIRECTS BANKS TO STOP IMPLEMENTATION OF CYBERSECURITY LEVY
By Ajape Sefiu A. On Monday, the Central Bank of Nigeria (CBN) directed all banks to stop the implementation of a 0.5 percent cybersecurity levy...
NCC WARNS SUBSCRIBERS AGAINST BUYING OF PRE-REGISTERED SIM CARDS
The Nigerian Communications Commission has warned Nigerians against buying pre-registered SIM cards, citing the illegal nature of the practice, and could attract severe consequences. The...
JUST IN: NAIRA DEPRECIATES FURTHER, TRADES AT OVER N1, 500/$
By Ajape Sefiu A. The naira continued its devaluation against the US dollar in the foreign exchange market. According to data from the parallel market...
AIRTEL SUFFERS $549M FX LOSS OVER CURRENCY DEVALUATIONS IN NIGERIA, MALAWI
The second-biggest telecom provider in Nigeria, Airtel Africa Plc, reported a $89 million loss after taxes for the entire year that ended in March 2024....