Business

The latest legal tussle between Ecobank Nigeria Limited and Honeywell Group over an alleged N5 billion debt appears to have…

Some foreign airlines operating in Nigeria have commenced the repatriation of the revenues from their recent ticket sales, following the reform of…

The recent hike in service charges for Point of Sales (PoS) transactions may increase the number of unbanked Nigerians, especially in rural areas…

Sanusi Lamido Sanusi, former governor of the Central Bank of Nigeria, has affirmed that the ruling of the Bankers’ Committee regarding…

This Is definitely not the best of time for Nigerians to trade in First Bank Nigeria (FBN)…

The Federal High Court in Lagos has granted some reliefs sought by Standard Alliance Investments Limited and its shareholders Standard Alliance Insurance Plc, against the National Insurance Commission over the…

Nigeria reaffirmed its commitment to meeting its debt service obligations after the government on Wednesday redeemed a $500 million…

BDC operators are advocating for increased participation and involvement in the foreign exchange market to ensure the success of the new exchange rate policy implemented by the Central Bank of Nigeria (CBN).  On…

Data released by the Central Bank of Nigeria has revealed that the country received a total of $952 million as direct remittances from Nigerians abroad between January and June this year.  The apex bank…

The work atmosphere at the nation’s capital market regulator, the Securities and Exchange Commission (SEC) is troubled by the frosty relationship between…

Owing to the recent rise in the prices of flour, sugar, and yeast on other key inputs, the Association of Master Bakers and…

Nigeria’s influential business tycoon and Africa’s second richest man, Aliko Dangote, has experienced a significant surge in wealth, gaining an estimated $575 million within the past 24 hours.   This…

The Central  Bank of Nigeria (CBN) despite maintaining silence on the latest ownership battle of  FBN Holdings,  is…

The FMDQ Securities Exchange Limited and FMDQ Clear Limited, today mark a significant milestone in the Nigerian financial markets as it goes live with the introduction of the dynamic FMDQ Exchange-Traded…

Naira on Tuesday depreciated to N800 per dollar, lowest in nine months, following increased demand for the greenback at the…

The Nigerian Exchange All Share Index closed trading on Tuesday, July 11th at 65,669.29,  an all-time high in the history of the stock market. The previous high for the stock market was 15 years ago or February…

The Honeywell Group has  said that its additional investment in FBN Holdings Plc is aimed at creating more value for all…

The House of Representatives has directed the Central Bank of Nigeria (CBN) to stop its directive on the addition of social media handles as part of the `Know Your Customer’ (KYC) requirement for bank customers.…

Nigeria's Mike Adenuga, the CEO of Globacom and Chairman of Conoil, has seen a dramatic fall in his net worth, which…

More Nigerian banks are creating mobile applications (apps) or internet banking where customers can…

For the 12th consecutive year, Aliko Dangote, President of the pan-African Conglomerate, the Dangote Group has emerged the richest man in Africa. This is despite economic headwinds that affected the…

In a market traditionally dominated by deep-pocketed commercial banks, not many FinTechs were given a blinker of survival.   However, the narrative surrounding FinTech in Nigeria has drastically changed, with…

The exchange rate between the naira and UK Pounds sold at over N1000 to £1 for the last 5 days on the black market. This is according to tracking Nairametrics tracker of black-market exchange rates over the last…

Nigeria currently accounts for 33 per cent of the total gas reserves in Africa, the Federal Government said on Monday. While disclosing this through the…