BUSINESS
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Iroko launches African Multi Platform Network
African digital entertainment company, Iroko yesterday launched a Multi-Platform Network (MPN) it says will provide a framework and platform for…
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Samsung recalls Note 7 flagship over explosive batteries
Samsung Electronics is recalling its flagship Galaxy Note 7 smartphone and said that battery problems were behind phones catching fire.…
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Economic recession: Banks, insurance firms slash workers’ salaries
Hit by the current economic recession in the country, most money deposit banks and insurance firms have slashed their workers’…
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Ex staff sues Volkswagen for $11m
A former top Volkswagen manager and engineer has filed a multi-million-euro lawsuit against the car giant in a dispute over…
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Air Peace begins flight operations to Benin and Accra
Air Peace has announced its entry into the Benin, Edo State and Abuja routes from September 9 as part of…
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Crashing Economy: Aero Contractors Shuts Down Operations Indefinitely
Nigeria’s second largest commercial airline, Aero Contractors, has sent its workers involved in scheduled services on indefinite leave due to…
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GTBank Results Reveals Innovative Strategy
A review of this year’s half performance shows that the Bank recorded positive growth across all key financial metrics, a…
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Banks Clarify Forex Sanction Reports as CBN Re-Admits UBA into Market
Some banks on Wednesday clarified their positions on the suspension from the foreign exchange market transaction by the Central Bank of…
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Banks’ Electronic Transactions Hit N33.8trillion in Q2 2016
The National Bureau of Statistics, NBS, has revealed that the banking sector transacted a total of about N33.8 trillion through…
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See List of Banks barred by CBN from foreign exchange transactions
The Central Bank of Nigeria (CBN) has banned nine banks from the foreign exchange market. The banks were barred for…
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