Business
CBN retains benchmark interest rate at 11.5%
The monetary policy committee of the Central Bank of Nigeria (CBN) Tuesday retained the monetary policy rate (MPR), which measures interest rate,...
In a major intervention, Tony Elumelu Foundation splashes $5,000 dollars on each of 5,000 2021 African young entrepreneurs
The Tonyelumelufoundation.org (TEF), the leading philanthropy empowering young African entrepreneurs across African countries, has unveiled 4,949 entrepreneurs for the 2021 TEF Entrepreneurship Programme.The beneficiaries...
Yuletide: Access Bank partners Konga on free deliveries, 10% discount
Access Bank Plc, a leading financial institution, has partnered with Konga to unveil the ‘Konga Yakata’, Nigeria’s biggest sale of the year...
Tony Elumelu Foundation announces 2021 TEF Entrepreneurship Programme beneficiaries on Nov. 12
The Tony Elumelu Foundation, a leading philanthropy empowering young African entrepreneurs, says it will on November 12, 2021 announce 2021 TEF...
CTN multi-billion dollar contract scandal: Amaechi, hoodwinks Buhari, at daggers drawn with NSA, Chief of Staff, BPP – Persecondnews investigation
In perpetrating the “AmaechiGate”, the minister spurns National Security Adviser’s invite for meeting over security and economic implications of project Per Second...
Digital economy, COVID-19: Schneider Electric empowers partners with advanced technology on digital transformation
With COVID-19 propelling shift towards a digital economy as end-user organizations are ramping up digital transformation efforts to meet increasing demands, Schneider Electric...
FBN Holdings appoints Okonkwo new Group Managing Director as U.K Eke bows out
The Board of FBN Holdings Group, parent company of First Bank Nig. Ltd, has appointed the immediate past Managing Director of Fidelity...
Breaking news: Nigeria’s digital currency, eNaira, launch: 200,000 wallets downloaded in 24 hours
Barely 24 hours after Nigeria’s digital currency eNaira was unveiled by the Federal Government, Nigerians have downloaded almost 200,000 wallets. Persecondnews findings...
Nigeria’s digital currency, eNaira, debuts, the first in Africa
The Central Bank of Nigeria (CBN) on Monday launched the much anticipated eNaira digital currency, after it was postponed from the Oct....
Nigerian IT workers emigrate to U.K in droves
By Victoria Ayuwei Nigerian banks, IT firms and communications companies are losing their skilled professionals at an alarming rate in...
Festive season: Access bank to reward loyal customers with N1m daily
As part of efforts to promote savings culture among Nigerians and appreciate its customers, Access Bank Plc says it will reward loyal...
PPP way out for Out-of-Home advertising sector growth- Heritage Bank Director
The Executive Director, Heritage Bank Plc, Jude Monye, has said that one of the ways out-of-home advertising industry can attain massive growth...
Why did Facebook, WhatsApp and Instagram go down
Facebook on Tuesday blamed a “faulty configuration change” for the over 6 hour outage on Monday. “To all the people and businesses around...
National Sugar Master Plan could fetch Nigeria over $700million annually — Dangote
By Ajuma Edwina Ameh The Chairman of Dangote Sugar Refinery Plc, Aliko Dangote, has disclosed that the National Sugar Master Plan (NSMP)...
CBN says black market is illegal
The Central Bank of Nigeria Friday said it only recognizes the importers and exporters window in the FX market. The apex bank at...
Three-month Twitter suspension: Nigeria loses N247.6bn
“The NetBlocks Cost of Shutdown Tool, the blockade costs Nigeria’s economy N103.17 million ($250,600) every hour. So far, about 2,400 hours have...
