BUSINESS
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CBN slams N2m fine on banks for arbitrary charges
The Central Bank of Nigeria (CBN) has asked banks and other financial institutions to adhere strictly to the Guide to…
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Telecommunications: Subscribers rise to 179 million
The National Bureau of Statistics on Monday said that the number of active voice subscribers rose by 2.96 per cent…
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BREAKING: CBN slashes ATM withdrawal fee to N35
The Central Bank of Nigeria on Sunday, December 22, 2019 reduced the withdrawal fee charged for the use of other…
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Nigeria’s inflation rate rises to 11.85% in November 2019
The National Bureau of Statistics (NBS) has said Nigeria’s inflation increased by 11.85 percent in November 2019, gaining 0.24 percent…
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Turkish Airlines promises aircraft upgrade amid suspension from Nigeria
Turkish Airlines has made a pledge to commence the immediate freight of all leftover passengers’ baggage in Turkey to Nigeria.
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FG vows to disconnect Benin, Togo over $16m power debts
The Federal Government has vowed to disconnect neighbouring Niger Republic and Togo’s power supply if they fail to pay their…
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Online video streams revenues projected to worth $149bn by 2026
The global video streaming market remains in rude health with the latest predictions from Allied Market Research estimating it will be worth…
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Nigeria’s usage of bitcoin rises despite warnings they are not legal tender
The Chartered Institute of Bankers of Nigeria, CIBN, has said Nigeria's usage of bitcoin has continued to rise despite warnings…
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Pirates kidnap crew members from Greek tanker off Nigeria
Pirates have kidnapped 19 crew members from a crude oil tanker off Nigeria, an official with the ship’s operator said…
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OPEC and allies prepare to deepen oil supply cuts in 2020
The Organization of the Petroleum Exporting Countries, OPECand its allies led by Russia were moving closer on Thursday, December 5,…
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