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Buyback: Investors scramble for Dangote Cement
•Stock gains N404.6b in five-hour trading•Rally lifts Aliko Dangote’s world billionaire status Investors angling to buy shares of Dangote Cement are using highest possible daily premium to entice…
MAN raises alarm over proposed 20 per cent tax on soft drinks
The carbonated soft drinks sub-sector of the Manufacturers Association of Nigeria (MAN) has raised the alarm over the Federal Government’s proposed 20 per cent Excise Tax on Non-Alcoholic…
Naira Redesign: Nigerians Will Fill Uncountable Forms To Withdraw Large Amounts – Emefiele
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said the apex bank will henceforth take cashless policy seriously, noting that people will fill countless…
Why I Approved Redesign Of Naira Notes Locally – Buhari
President Muhammadu Buhari has inaugurated the new Naira banknotes, expressing delight that the redesigned currencies were locally produced by the Nigerian Security Printing and Minting (NSPM) Plc.…
BREAKING: Buhari unveils redesigned naira notes
President Muhammadu Buhari has unveiled the new naira notes. Buhari unveiled the new currency…
Manchester United’s owners considering sale of club
Manchester United’s board of directors announced a possible transfer of ownership on Tuesday. The English football club said it is commencing a process to explore “strategic alternatives”. In…
Balenciaga accused of sexualising kids after posting ads with children with bondage teddy bears
A Balenciaga ad campaign showing kids holding bondage teddy bears has sparked a furious backlash online. The fashion giant posted images of children cuddling the dubious soft toys to its online store. The adverts were meant to promote…
BREAKING: Buhari to unveil new naira notes Nov 23, says Emefiele
The Central Bank of Nigeria (CBN) says President Muhammadu Buhari will unveil the newly redesigned naira notes on November 23, 2022. Godwin Emefiele, CBN governor, said this on Tuesday while…
BREAKING: CBN raises interest rate to 16.5% as inflation persists
The policy-setting committee of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which measures interest rate, from 15.1 percent to 16.5 percent to tame rising inflation.…
UBA To Dazzle Customers With Exciting Prizes In December Super Savers Draw
Leading pan-African financial institution, United Bank for Africa (UBA) Plc. has promised to give its loyal customers a remarkable Christmas celebration as it plans to reward them with exciting prizes in its upcoming Super Savers draw.…
#Flexxtern 6.0: FCMB, 15 Others Offer New Career Possibilities To Young Nigerians
Leading youth-centric…
Shareholders raise alarm over rising bad loans in banks
Shareholders have raised fresh alarm over rising Non Performing Loans, NPLs, in banks which may likely affect their profit in the financial year 2022. The shareholders under the aegis of…
Naira redesign: Northern group names Emefiele ‘Man of the Year’
A northern group, The Arewa Economic Advancement Promoters, has thrown its weight behind the policy for the redesign of the nation’s currency by the Central Bank of Nigeria and subsequently…
Group urges Buhari, NASS to halt plans to auction more 5G licenses
Network for Best Practice and Integrity in Leadership (NEBPRIL), has called on President Muhammadu Buhari and the National Assembly, to halt surreptitious moves by some top government…
Banks’ Credit To Economy Rise 33.45% To N63.48trn
Banks’ credit to the economy rose by 33.45 per cent (N15.91trillion) to N63.48 trillion as of October 2022, compared with N47.57triilion in the corresponding period of last year, latest…
IMF requests CBN let banks determine dollar rates
The International Monetary Fund (IMF) asked the Central Bank of Nigeria (CBN) yesterday to let commercial banks set the rates for buying and selling dollars to bring more foreign money into the…