Business

Polaris Bank wins “Best Mobile App” award at Digital Jurist Awards 2024

For its commitment to digital innovation and excellence, Polaris Bank has again been recognized and was awarded the prestigious “Best Mobile App” award...

SanDisk extreme portable SSD: A must-have for Nigerian remote workers, freelancers

Julius Babarinde As the Nigerian work environment continues to evolve, remote work and freelancing have become popular for many professionals seeking flexibility and...

Media capacity-building: Polaris Bank trains 5,000 Nigerian journalists in 10 years

As part of its media capacity-building initiative, Polaris Bank Limited, Nigeria’s leading digital retail commercial bank, has empowered more than 5,000 journalists across...

Nigeria to issue diaspora bond in US, targets $1bln monthly remittances

Nigeria is planning to issue a diaspora bond in the United States next year, aiming to secure monthly remittance inflows of $1 billion....

System upgrade: FirstBank enhances supplier’s platform, guarantees uninterrupted, seamless services

FirstBank has reacted to a misleading report circulating in the media regarding its system upgrade. It said the upgrade has helped in transitioning...

Reps to CBN: Withdraw old naira notes before December 31 deadline

The House of Representatives has called on the Central Bank of Nigeria (CBN) to begin the gradual withdrawal of old N200, N500, and...

US-Nigeria trade relationship hits $10bln mark

The United States and Nigeria have achieved a remarkable milestone in their trade relationship, with the total value now standing at $10 billion...

NNPC Retail Sensitizes Auto Mechanics on CNG Adoption, Unveils Oleum Lubricant Range

NNPC Retail Limited, a subsidiary of NNPC Ltd, has taken a significant step towards promoting cleaner and affordable energy solutions in Nigeria, sensitizing...

Aliko Dangote’s wealth soars to $28bln as his oil refinery comes on stream

Aliko Dangote, Africa’s richest man, has seen his wealth more than double to $28 billion following the long-awaited opening of his Nigerian oil...

Naira Defies Global Trends, Appreciates 5.7% Against Dollar

The Nigerian naira staged a surprising comeback on Monday, appreciating 5.7 percent against the US dollar at the official market, despite the dollar...

Naira appreciates 4.49% against the dollar, closing at N1,561.76

The Nigerian naira strengthened significantly against the US dollar on Tuesday, closing at N1,561.76 in the official Investor and Exporter (I&E) window. This...

Nigeria’s foreign investment surges by 152% in Q2 of 2024

Nigeria’s foreign investments, also known as capital importation, have seen a significant boost in the second quarter of 2024, rising by 152.81 percent...

African oil-producing nations secure 45% of $5bln Energy Bank funds

Afnations have made significant progress in establishing the Africa Energy Bank (AEB), securing 45% of the required $5 billion startup capital. The bank,...

FG’s fresh fiscal incentives to attract $10bln to oil and gas sector – Edun

The Federal Government unveiled fresh fiscal incentives to enhance Nigeria’s oil and gas industry’s competitiveness, setting it up for a major boost. Mr....

UNGA 79: Creative Economy Ministry promotes investmemt drive,secures $200mn Afreximbank fund

The Federal Ministry of Arts,Culture and Creative Economy(FMACCE) had at the just concluded United Nations General Assembly (UNGA) in New York promoted investment...

UBA reports impressive 39.6 percent growth in gross earnings for first half of 2024

The United Bank for Africa (UBA) has announced a remarkable 39.6 percent growth in gross earnings for the first half of 2024, increasing...