LATEST NEWS
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CBN Loans to Commercial Banks Rise at 173% to N281billion
The volume of loan from the Central Bank of Nigeria, CBN, to commercial banks in the country, jumped sharply last…
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Microsoft To Acquire LinkedIn For $26.2 Biliion
Microsoft has announced that it is acquiring LinkedIn, the social network for professionals with some 433 million users, for $26.2…
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MTN Fine Was Reduced to Encourage Foreign Investments – Min of Communications, Adebayo Shittu
Adebayo Shittu, Minister of Communications, had said that the reduction of the fine slammed on telecommunication giant, MTN from $5.2 billion (about…
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Interbank FX Market To Begin Today
Interbank trading of foreign exchange is expected to begin on Monday in Nigeria, as contained in the highlights of the…
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Power Generation Capacity Crashes To 1,600megawatts
Findings have revealed that power generation from the national electricity grid has so plunged to 1,600 megawatts since Saturday, June…
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Refugees at highest ever level, reaching 65m – UN
According to BBC reports, The number of people displaced by conflict is at the highest level ever recorded, the UN…
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Nigeria’s Diaspora Remittances to Hit $35billion Annually
President of the Association of Bureau De Change Operators of Nigeria, ABCON, Aminu Gwadabe, has said that the implementation of the…
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Egyptian court sentences former President Morsi to life in prison and 2 Aljazeera journalists, female reporter, to death
An Egyptian court on Saturday, June 19, sentenced former Islamist president Mohamed Morsi to life in prison for leading the…
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3.6m Malnourished Children Treated In Kano
No fewer than 3.6 million malnourished children have been treated in Kano State under the Community Management of Acute Malnutrition…
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Africa Internet Group To Rebrand All Startups Into Jumia Subsidiaries
Africa Internet Group (AIG), a subsidiary of Rocket Internet, is renaming its companies in the African market to become part…
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