BUSINESS
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CBN slams N5.8bn fine on four banks, ask MTN to refund $8bn
The Central Bank of Nigeria (CBN) has ordered four banks namely Citibank, Diamond Bank, Standard Chartered bank and Stanbic-IBTC, to pay…
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NNPC to establish 200,000bpd condensate refineries
Nigerian National Petroleum Corporation says it will establish two condensate refineries with a total refining capacity of 200,000 barrels per…
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Total oil tops gainers’ chart on NSE
Trading on Nigerian Stock Exchange (NSE) closed on a positive note on Tuesday, with Total Oil leading the gainers’ table.…
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Banks suspend BDCs’ accounts over tax remittance
Banks have placed a ‘Post no Debit’ notice on the accounts of some Bureaux de Change operators, demanding that they…
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MultiChoice appeals court judgement, insists on new tariff
The parent company of DSTV and GoTV, MultiChoice has appealed an interim court from the federal high court sitting in…
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E4, others emerge finalists in Ecobank Fintech competition
E4, technology company, is one of the top 11 finalists in the Ecobank Fintech Challenge for its new Virtual Identity…
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SMEs advised to cut advertising budgets using digital technology
Operators in the Small and Medium Enterprise sector have been advised by the Chief Executive Officer of Webercom, Sheneni Tukura…
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Egypt records trade surplus of $2.35b
The soaring export of North African country, Egypt, has triggered a trade surplus exceeding $2.35 billion with 19 countries, including…
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IATA to address passenger experience issue as demand doubles
The International Air Transport Association has announced plans to help address the challenge of improving passengers experience as demand rises.…
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Afreximbank disburses $422m loans in six months
The African Export-Import Bank disbursed a total of $422m loans in six months, according to data from its financial statement…
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