BUSINESS
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Nigeria’s money transfer market hits turbulence
Just as the Brookings Institution recognised Nigeria’s “demonstrated clear national-level commitment to advancingfinancial inclusion”, an aggrieved provider of international money…
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Nigeria Loses N1trn On Importing these 4 Food Items
According to business reports, massive importation of food, especially, rice, wheat, sugar and fish, has enormously affected nation’s economy. The four…
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CBN Restricts Banks’ Access To Lending Facility
The Central Bank of Nigeria, CBN, on Tuesday, August 9, said it will no longer allow banks access its Standing Lending…
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CBN Directs BDCs not to Sell FOREX above 2% Margin of Buying Rate
The Central Bank of Nigeria (CBN) on Tuesday directed Bureau De Change (BDCs) operators not to sell foreign exchange above two per…
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Uzoka Appointed As UBA GMD/CEO
Kennedy Uzoka has officially been appointed as the Group Managing Director and Chief Executive Officer of the United Bank for…
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Kerosene now sold for N150 per litre from NNPC depots – NUPENG
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) says theNigeria National Petroleum Corporation (NNPC) has fixed N150 per…
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SmileVoice VoLTE app launches in Nigeria
Smile Communications Nigeria has rolled out its 4G LTE callservice via its SmileVoice app, with what the company describes as…
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Discretionary award of oil blocs ridicules FG’s reform claims
Stakeholders in the oil and gas sector say that unless the discretionary powers given the president of Nigeria to award…
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Mobile In African Economies Now Accounts For 6.7% Of GDP
Africa now has more than half a billion mobile phone subscribers, and it has been the fastest growing telecoms region…
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Eight Banks Post N111.13billion Profit In H1 2016
Eight commercials banks which released results for the six months period ended June 30, 2016, recorded a total profit of…
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