Business
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...
Nigeria requires between $3 and $5 billion annual spending in power sector in next 15 years, says Schneider Electric
In a bid to actualize Nigeria’s industrialization goals, stakeholders in the nation’s power sector have been urged to upscale their investment in...
Cross River’s Cally Air face major cash and operational issues- at risk of grounding
Cross River state Cally Air is at risk of being grounded barely a month after it started operating with its shareholder, an...
NOVA Bank appoints Emmanuel Onokpasa new Executive Director
NOVA Merchant Bank has announced the appointment of Mr Emmanuel Onokpasa as the Executive Director, Wholesale Bank and Treasury, as his appointment has...
Nigeria loses N53.26bn to gas flaring by oil companies between Jan. and Feb. 2021, says NNPC
By the gas flaring or wastage,Nigeria lost about N53.26 billion. In February, the oil companies wasted 17.53 billion scf of gas compared...
Hospitality: VP Osinbajo launches Transcorp Hotels launch “Aura” digital app
In a bid to transform the travel and tourism industry in Africa, Transcorp Hotels Plc, has launched an innovative digital hospitality app, “Aura”,...
Nigeria’s leather industry can generate over $1bn by 2025 – Osinbajo
Nigeria rated as one of the highest producers of leather and finished leather products in Africa has the potential of generating a...
Probe of ex-CEO, Okonkwo, is malicious, not true — Fidelity Bank Plc
Fidelity Bank Plc has urged the public to disregard a fake news being bandied by an online publication that the Board of Directors...
NNPC’s gas master plan will become full-fledge in three years to deliver nation’s optimum energy requirements
The Nigerian National Petroleum Corporation (NNPC) says its gas master plan will become full-blown in the next three years to deliver optimum energy...
