Business

The Central Bank of Nigeria has urged banks to ensure that their customers have access to cash at their Automated Teller Machines as the increase in ATM transaction fees takes effect on March 1. This was disclosed by…

Legislators in Lagos State have commended the Lagos State Internal Revenue Service for achieving an unprecedented milestone in revenue generation,…

The Group Chief Executive Officer of NNPC Ltd, Mr. Mele Kyari has flayed talks about the existence of sub-standard fuel in the country, describing it as unfortunate drama and bad marketing practice. Kyari, who was…

The Manufacturers Association of Nigeria (MAN) yesterday told the federal government that the sector “is on its last breath” as “the future of the country will continue to hang in balance unless the plights of…

The Central Bank of Nigeria has directed all banks and financial institutions to publicly disclose details of dormant accounts, unclaimed balances, and other financial assets on their official websites. A…

Billionaire Aliko Dangote has seen his wealth nearly double to $23.9 billion, according to Forbes, which ranks the Nigerian entrepreneur as the wealthiest person in Africa and 86th in the world. It would be…

Many Nigerians have dumped Nigerian National Petroleum Company Limited, NNPLC, retail outlets for the Dangote Refinery, in partnership with MRS…

Elon Musk’s artificial intelligence company unveiled on Monday the latest version of its chatbot, Grok 3, which the billionaire hopes will find traction in a highly competitive sector contested by the likes of ChatGPT…

Aliko Dangote takes a deep breath, before reflecting on the odyssey of building Africa’s largest oil and gas refinery. “This is a very, very big relief,” says Dangote, who is speaking with Forbes via video conference…

The Central Bank of Nigeria (CBN) has directed bank directors with non-performing insider-related loans to step down immediately. Insider loans are loans granted by a bank or financial institution to its own…

Investors are more confident on the outlook for the Nigerian economy as gains from macroeconomic reforms embarked upon by the President Bola Tinubu’s administration gradually take firmer shapes. Data tracked…

Nigeria’s foreign reserves surpassed the $40 billion mark for the first time in three years, marking a significant milestone in economic recovery efforts. Central Bank Governor Olayemi Cardosoattributed the rise to key…

•Food index drops to 26.08% from 39.84%  •Core inflation now 22.59% from 29.28%  •New CPI reflects current inflationary pressure,  consumption pattern, says statistical agency  •Clarifies declined in rebased…

THE Naira yesterday appreciated to N1,555 per dollar in the parallel market from N1,570 per dollar last week Friday. But the Naira depreciated to N1,512 per dollar in the Nigerian Foreign Exchange Market (NFEM).…

The Federal Inland Revenue Service (FIRS) on Monday began the trial of Binance, a cryptocurrency exchange platform, in the alleged tax evasion case filed by the tax agency. The FIRS presented its first witness,…

Billionaire Aliko Dangote has described his $23 billion Dangote Refinery project as the “biggest risk” of his life, acknowledging the challenges he faced in bringing the venture to fruition. In an exclusive…

The House of Representatives has responded to bribery allegations made by a senior executive at cryptocurrency exchange Binance, Tigran Gambaryan, stating…

Aliko Dangote, Africa’s richest man, has announced a $400 million plan to push a second production line at the Mugher cement plant in Ethiopia, a move expected to double the facility’s annual output to 5 million tons. The…

The family of the late board room titan and foremost accountant, Justin Olabode Emanuel (Esq) has…

Your funds are safe, apex bank tells customers The Central Bank of Nigeria (CBN) has confirmed that it will continue to manage Keystone Bank…

The Director General of the Bureau for Public Enterprises, Ayodeji Gbeleyi on Friday, revealed that Delta Steel Company, valued at over $700m, was sold for a paltry sum of $30m. Gbeleyi stated this while interfacing…

The Federal Government on Friday dismissed the claims by Binance’s Head of Financial Crime, Tigran Gambaryan, who spent eight months in a Nigerian detention facility over alleged corruption. Gambaryan, a…

The Deputy Spokesperson of the House of Representatives, Hon. Philip Agbese, has denied allegations made by Tigran…

Tigran Gambaryan, a former US federal agent and Binance employee, has made startling allegations against the National Security Adviser (NSA) Nuhu Ribadu following his release from detention in Nigeria. Detained in…