BUSINESS
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Nigeria Lose N131.13bn Due To Qua Iboe Shut Down
Exxonmobil, the operators of Qua Iboe terminal, which is expected to remain shut in for another month, will see Nigeria…
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Pokémon Go breaks App Store record
Pokémon Go, the augmented reality game that might as well be everyone’s second job, has become the most downloaded mobile…
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CBN directs banks to sell forex to BDCs
The Central Bank of Nigeria (CBN) has directed agent banks to approved international money transfer operators to sell foreign currency…
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NTEL launches fastest router in Nigeria, offers free browsing
Nigeria’s most advanced 4G/LTE network provider, NTEL has launched its internet router across its outlets in Lagos and Abuja, Nigeria’s…
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CBN Approves Short Term Loan for Skye Bank
The Central Bank of Nigeria, CBN, has affirmed its confidence Skye Bank Plc by providing a loan to boost its liquidity after…
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Zenith Named Most Customer-Focused Bank
Zenith Bank Plc has been rated Nigeria’s most customer-focused bank by a leading Advisory and Consultancy firm, KPMG. In the…
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Telecoms Sector Emerges Biggest Advertising Spender in 2015
Telecommunications sector retained its lead position as the highest advertiser in Nigeria in 2015 with a combined total expenditure of…
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Union Bank Begins SMS Banking
After recently winning two awards in it’s new rebranding, Union Bank Plc has taken steps further into e-banking by following…
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Liquidity Ratio For Commercial Banks Pegged at 30%
The Central Bank of Nigeria, CBN, has said commercial banks will have to maintain minimumliquidity ratio of 30 per cent…
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eTranzact Posts N471million Profit, Declares 10kobo Dividend
Africa’s e-payments solution provider, eTranzact, has declared a profit of N471million for its financial year ended December 31, 2015. The company, which…
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