Business

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…

Stallion NMN Limited has introduced made in Africa Nissan Navara brand to Nigerian showrooms, as the company plans to start assembling the new pickup locally from June 2022. Launched in Lagos on Saturday, the new Navara…

Guaranty Trust Holding Company Plc (GTCO Plc or the Group), a diversified financial services provider, today notifiedthe Nigerian Exchange Group (NGX) and the investing public that GTCO…

Fidelity Bank has facilitated  the  disbursement  of  over  N34  Billion  in  direct  credit  to  players  in  the  Nigerian rice  value  chain. The bank’s interventions in recent years…

Petrocam Trading Nigeria Limited has applied to a Federal High Court in Lagos for the winding-up of Primero Transport Service Limited, the operator of Bus Rapid Transport…

Ethereum’s native token Ether (ETH) looks poised to hit $3,500 in the coming sessions as it reclaimed a historically strong support level on Feb. 5. ETH price rising above its 50-week exponential moving average (50-week EMA;…

Aliko Dangote, Africa's richest man in the last 8 hours has raked in N217.5 billion($523M) jumping to become the 91st richest man in the world. According to Bloomberg index, Dangote…

In a big hindrance to Nigeria’s hope of raising its poor daily oil production, Shell has said it would delay expansion work at its Nigerian offshore Bonga field by another two years. A report by S&P Global Platts, a…

Apple Inc is targeting a date on or near March 8 to unveil a low-cost 5G iPhone and an updated iPad, Bloomberg News reported on Friday, citing people with knowledge of the matter. According to the report, the new iPhone will be…

The Ijaw Youth Council has condemned the killing of an Okomu Oil worker by gunmen and the destruction of 20 hectares of the company’s rubber plantation in Ovia South-West Local Government Area of Edo. In a press statement on…

Bitcoin (BTC) kept investors guessing with tech stocks as Wall Street opened on Feb. 4, circling $38,000. After 15% daily gains the day before, Amazon (AMZN) continued its uptrend Friday, jumping 10% at the open, while…

News Corp, the media company that owns The Wall Street Journal, said in a Friday filing with the Securities and Exchange Commission (SEC) that it was the victim of a cyberattack last month. Its security consultant Mandiant,…