Business

* Says inflows from Eurobond, SDR will boost forex supply Amid a spate of measures being put in place by the Central Bank of Nigeria (CBN) to reduce pressure on the nation’s foreign exchange market, analysts from…

*Begin interrogation of suspects*Despite NNPC’s efforts, petrol queues persist in Abuja, Lagos Security agencies have begun the probe of companies and individuals allegedly involved in the importation of toxic fuel into…

Germany’s Lufthansa group is suspending flights to and from the Ukrainian cities of Kyiv and Odessa from Monday, a spokesperson said on Saturday amid growing fears of a possible Russian invasion. The company, which owns…

The management of a Lagos hotel has raised the alarm on how scammers are targeting customers by deceiving them into paying money into a private bank account belonging to the scammers…

Apple is the most valuable company on the planet. And as a reward for the iPhone maker's success, CEO Tim Cook stands to receive nearly $100 million in compensation for 2021.…

The International Monetary Fund (IMP) has noted that the non-oil sector of the Nigerian economy could be stronger, benefitting from its recent growth momentum, higher…

Lagos is set to host its first major concert of the year this weekend as leading financial institution, Fidelity Bank Plc, hosts The Euphoria concert featuring leading music…

Flutterwave says it has raised another $250 million in Series D funding, valuing the company at over $3 billion as the brand continues to transform the way Africans transact on the continent and worldwide. The latest…

Bitcoin (BTC) passed $44,500 at the Wall Street open on Feb. 15 with traders compounding overnight enthusiasm. Data tracked local highs of $44,543 for BTC/USD on Bitstamp. Already up over 6% on the day, the pair saw a…

Louis Vuitton, LVMH’s top fashion brand, will raise prices globally on Wednesday as a result of increased manufacturing and transportation costs. A spokesperson for the French luxury goods company disclosed this to Reuters…

American actor Zachary Horwitz, professionally known as Zach Avery, swindled investors of $650 million in a huge Hollywood Ponzi scheme. And he used the money to lead a lavish lifestyle, buying a $5.7 million Beverlywood…

The International Monetary Fund (IMF) has declared central bank digital currencies (CBDCs) like eNaira are a better bet than cryptocurrencies. In a new statement, IMF…

Some Nigerians have been complaining about improper activities of “loan sharks” who offer them unsolicited loan facilities only to start harassing them when there is delay in repayment.…

Saudi Arabia said Sunday it will transfer 4% of the stock in the state-run oil giant Aramco to its sovereign Public Investment Fund. The infusion is valued at nearly $80 billion. The announcement on the state-run Saudi…

Apple Inc is raising the pay of many U.S. retail employees effective this month, Bloomberg News reported on Friday. The hikes range from 2% to 10% depending on store location and role, and will go to sales staff, including…

Brent crude oil rose to $95 a barrel for the first time since October 2014 amid between Russia and Ukraine. Brent crude futures, the global oil benchmark, climbed 3.9 percent to $95.1 a barrel, while West Texas Intermediate…

MTN Nigeria has paid the remaining $253.86 million to complete the $273.6 million fifth generation (5G) licence fee to the Federal Government before the February 24 deadline, an industry…

Meta, the parent company of Facebook, says Nigerian customers should update their value-added tax (VAT) identification numbers by February 25. The social media giant said this in a…

The Federal Bureau of Investigation has arrested and charged Ilya Lichtenstein and Heather Morgan with conspiracy to launder cryptocurrency that was stolen during the 2016 hack of Bitfinex, a…

…..…Frank Edoho returns as host The new sponsors for theaward-winning and ace TV game show, Who Wants To Be A Millionaire? Series 2-The Rebirth has been unveiled. The new sponsors are;…

Superstar footballer, Cristiano Ronaldo , with over 400 million followers on Instagram, is now the most followed person on the social media platform, and it has now been revealed that he…

Customers of Fidelity Bank are in for a treat this Valentine as the Bank has announced plans to host a delightful evening of music, fun games and delightful experiences for its customers.…

The Nigerian Insurers Association (NIA) says insurers paid over N11 billion as claims for losses suffered during the 2020 #EndSARS protests. Ganiyu Musa, chairman of NIA,…

Jaiz Bank Plc has released its unaudited financial results for the period ended December 31, 2021. The results as released to the Nigerian Exchange Group showed a 37.2 per cent growth in…