Business

The federal government has released ₦614. 92 billion for the payment of accrued rights for retired Nigerians under Contributory Pension Scheme. The National Pension…

The Managing Director/Chief Executive Officer of Polaris Bank Limited, Mr. Tokunbo Abiru, has announced his retirement from the service of Polaris Bank, effective August 31, 2020,…

South Africa’s retail industry is feeling the pain from the coronavirus pandemic on two fronts — store closures during lockdown and the sharply reduced purchasing power of households. South Africa, the continent’s most…

A COURT has granted the request by the Central bank of Nigeria (CBN) to freeze 65 Bank accounts linked to 12 firms and a man. They are suspected to be involved in the manipulation of…

ByteDance, owner of the popular video platform TikTok, announced on Sunday that it will file a lawsuit against the U.S. government to protect its rights and interests. “Over the past year,…

Facebook won preliminary approval late on Wednesday from a federal court for settlement of a lawsuit that claimed it illegally collected and stored biometric data of millions of users without their consent. The social media company…

Chairman of the Nigerian Bar Association (NBA) Section on Business Law (SBL) Mr. Seni Adio (SAN), has praised President Muhammadu Buhari for signing into law the new Companies and Allied…

MTN Group Limited has appointed Ralph Mupita as Chief Executive Officer, to pilot the company’s operations in Africa is in line with the company’s policy of appointing internal candidates. According to a statement by the company,…

Short-term home rental company Airbnb said on Wednesday it filed confidentially for an initial public offering with US regulators, setting the stage for one of 2020’s…

FMDQ Securities Exchange has posted 13.66 per cent turnover growth in the Fixed Income and Currency (FIC) for the month of July. FMDQ in a monthly FIC report obtained by newsmen on Wednesday said a turnover of N18.72 trillion was…

Apple has become the first American company to be valued at $2 trillion. The company crossed the $2 trillion dollar mark on Wednesday after being the first in the world to cross the $1 trillion mark in August 2018. This makes the…

...Surcharge is economic sabotage, insensitive, says Shippers’ Council Tension is mounting at the nation’s sea ports where importers who are groaning under huge surcharge imposed on them by the…

Abdulrahman Bashir, the Chief Executive Officer of Rahamaniyya Oil and Gas Limited has been jailed in the United Kingdom. Justice Butcher of England and Wales High Court sentenced the…

Jeff Bezos, founder and CEO of Amazon, ended Tuesday with a record net worth of $197.8 billion, the highest fortune Forbes has recorded in nearly four decades of tracking billionaires. Amazon was the best-performing stock in the…

• Nigerians groan over failing ePayment channels • 70,000 ATM shortfall slows operations • Poor network, downtime deepen crises • Dispense errors in Nigeria highest globally • ATCON tasks banks on redundancy…

Africa’s leading e-commerce platform, Jumia recently announced its financial results for the quarter ended June 30, 2020 with the report showing significant progress on the path to…

Elon Musk, the CEO of Tesla and SpaceX, is now the 4th richest person in the world. The outspoken tech entrepreneur’s net worth has increased to $84.8 billion after gains nearly $8 billion ($7.78 billion) in a single day. In the process,…

The ongoing Dangote Cement Bag of Goodies Promo season 2 has produced 60 millionaires spread across the nation, thereby cushioning the effects and impact of COVID-19 on businesses…

Oil prices rose on Monday as China’s plans to ship in large volumes of U.S. crude in August and September outweighed concerns over a slowdown in demand amid the coronavirus pandemic and an…

THE Nigerian National Petroleum Corporation (NNPC) has backpedalled from selling its equity in oil assets because of low oil prices and general poor state of the industry. Group…

It takes consistent effort, focus and discipline to grow from just being an entrepreneur with interest in a particular business to becoming a respected and renowned empire…

The Lagos State House of Assembly said a bill that will make operators of lottery, pools and betting in the state to pay N20 million as licence fees to the state government is underway.…

They always keep their words. Reasons people can't stop banking with them. Fidelity Bank, African most trusted bank is offering another financial management and freedom to…

Dwayne Johnson, an American-Canadian movie star better known by his ring name The Rock, has topped Forbes’ annual list of highest-paid Hollywood actors for the second year in a row. The…