Business

The Central Bank of Nigeria has said that paper currency will soon be out of circulation, urging market men and women to sign into the e-Naira. The Delta State Branch Controller of CBN, Mr Godwin Okafor, stated…

Lebanon has received an Interpol red notice for the arrest of ex-Nissan boss Carlos Ghosn at France’s request, but it is unlikely to extradite him, a court official said Thursday. “Prosecutor Ghassan Oueidat has…

Three businesswomen and customers of Polaris Bank have dragged the bank before a Surulere Magistrate Court in Lagos over alleged freezing of their domiciliary and Naira accounts with the bank and subsequent illegal…

Last month, noted homeless billionaire Elon Musk announced his intent to buy Twitter. The announcement…

The outgoing Chairman of Seplat Energy Plc, Dr Ambrosie Orjiako, who retires today from the company, may be given a new role…

Dangote Refinery has concluded plans to raise $750 million through bonds to complete its refinery project in the…

In the first three months of the 2022 financial year, Dangote…

Africa’s largest Cement manufacturer, Dangote Cement Plc Dangote Cement Plc has emerged the Best Performing…

The Federal Competition and Consumer Protection Commission (FCCPC) has warned local…

Freight charges in the nation’s seaports have jumped by 67 per cent, resulting in increases in prices of vehicle spare parts, The PUNCHlearnt. In separate interviews with our correspondent in Lagos, freight…

The Securities and Exchange Commission (SEC) has released a set of new regulations guiding the issuance, exchange and custody…

First Bank of Nigeria has urged a Federal High Court in Lagos to wind up Niger Insurance Plc, based on its inability to pay a debt of N137.2 million. In a petition filed by a Lagos lawyer Onyeka Ofoegbu, First Bank…

Elon Musk’s Twitter deal is “temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less…

Ahead of the primaries of the two leading political parties, the All Progressives Congress (APC) and Peoples Democratic Party (PDP), aspirants are mopping up dollars across the country, leading to the…

MTN Nigeria Communications (MTN Nigeria) Plc has raised N127 billion new debt capital, placing the telecoms group in better position to diversify its capital funding. MTN Nigeria yesterday listed two commercial…

•The new vessel, named MV Bundu, will depart and berth at BUA’s port and terminal. •A second shipping vessel is expected to arrive by the end of the…

ADEBAYO FOLORUNSHO-FRANCIS writes on operators of an agricultural investment scheme, Denkol Farms, in Benue State, who allegedly swindled unsuspecting investors who waited in vain for the refund of their…

THE Asset Management Corporation of Nigeria said it had taken over assets belonging to Aeroland Travels Limited, and its…

The Naira on Monday depreciated at the Investors and Exporters window, exchanging at N419 to the dollar, a 0.48 per cent depreciation, weaker than N417 it traded on Friday. The open indicative rate closed at…

The King of Thieves, a 2022 Nigerian thriller film produced by Femi Adebayo and directed by Tope Adebayo and Adebayo Tijani, is the highest grossing film for the month of April. The movie stars Odunlade Adekola, …

The Central Bank of Nigeria (CBN) has begun the collection of electronic stamp duty due to the rift between the Federal Inland Revenue Service (FIRS) and Nigeria Postal Service (NIPOST). President-General of the Senior Staff…

The Nigerian Communications Commission (NCC) has rejected the request by telecom operators for an upward review of tariff, saying that any such decision must be fair to the subscribers and engender healthy…

Despite importing refined petroleum products due to the failure of its moribund refineries, which have gulped over N4.15trillion in maintenance since 2015, oil-rich Nigeria has the eight cheapest petrol in the…

Aliko Dangote's wealth is really having an amazing 2022, after jumping 48 places in four months to sit as the 68th wealthiest billionaire alive. According to Bloomberg,…