BUSINESS
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GTB, others charge black market rate for forex transactions
Nigerian banks are the ultimate currency black market traders in the way they charge users of their Visa and Mastercard.…
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Telecoms Subscriber Increase by 11.9% In 12 Months
Mobile telecommunications operators in the country have posted 11.9 per cent growth between September 2014 and September 2015 in their…
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Twitter changes its policy on violent posts
A report by CNN says Twitter is taking steps to identify people who tweet hateful and violent speech and kick…
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‘Diet Scanners’ To Be Fitted In Smartphones
Within just a few years, every smartphone could be fitted with a tiny molecular scanner that would transform what we…
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Lawyer urges court to dismiss MTN’s suit against NCC,
Mr Tope Alabi, a Lagos based lawyer, has urged the Federal High Court in Lagos to dismiss MTN Nigeria’s suit…
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Facebook ‘Free Basics’ service suspended in Egypt
A Facebook scheme to provide free internet access to people in developing nations has been suspended in Egypt. The company’s…
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NCAA Lifts Sanction on Lubcon
The Nigerian Civil Aviation Authority (NCAA) has lifted the sanction it imposed on Lubcon from supplying aviation fuel to domestic…
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Why We Can’t Reverse Order Restricting ATM Card Use Abroad – CBN
The Central Bank of Nigeria, CBN, has explained that the decision of Deposit Money Banks to place a restriction on…
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British-Nigerian Launches Cosmetic Range for People of Colour
A British woman with Nigerian parentage who cut her teeth on a Benefit make-up counter in Essex has gone on…
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Emefiele Appoints Abdulhameed Managing Director NIRSAL
Following a competitive process, the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Ifeanyi Emefiele has approved the…
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