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Bitcoin

CAR adopts Bitcoin as official currency, first in Africa

A bill governing the use of cryptocurrency was adopted unanimously by parliament last week, said a statement signed by Obed…
GTCO to raise N400.5bn capital through public offer

GTCO hits N54.3bn profit before tax in 2022 first quarter 

The group, in a statement on Wednesday in Lagos, said the figure represents an increase of 1.1 per cent over…
Nigerian Presidency faults claim of AfDB President Akinwumi Adesina on the current Nigeria's GDP per capita versus the level it was in 1960

Why AfDB is mobilising $540m for Nigeria 

Dr Akinwumi Adesina, President of the Bank and a former Minister of Agriculture, disclosed this while briefing President Muhammadu Buhari…
GTCO to raise N400.5bn capital through public offer

GTCO records marginal rise in PBT in Q1

Mr Segun Agbaje, the Group Chief Executive Officer, GTCO Plc said, the company’s first quarter results showed a decent improvement…
DMO: We’ve raised N3.3trn from domestic markets to fund 2022 budget deficit

DMO receives 300 bids for FGN bonds

The bonds were offered at N1, 000 per unit with a minimum subscription of N50 million, and in multiples of…
The House of Representatives has directed the Central Bank of Nigeria (CBN) to immediately suspend the sale of Polaris Bank Plc.

First Bank queried by House of Reps

The House also queried the First Bank management over allegation of breach of agreement on Cash on Transfer (CoT) charges…

Nigeria’s FastCash Celebrates 2m Personal Loans Worth 59bln

Fast Cash the fastest-growing instant loan solution in Nigeria, is proud to announce its two millionth loan disbursement. All the…
U.S. SEC says it was suing Elon Musk over his ownership of more than 5 per cent of Twitter stakes ahead of taking over the company in 2022.

Tesla falls amid Elon Musk-Twitter deal

Tesla is not involved in the Twitter deal, yet its shares have been targeted by speculators after Musk declined to…
Gazprom turns off gas pipelines from Wednesday to Poland, Bulgaria

Russia cuts off gas supplies to Poland, Bulgaria

Poland and Bulgaria would be the first countries to have their gas cut off by Europe's main supplier since Moscow…
Akinderu-Fatai

Shelter Afrique to invest N20bn in Lagos housing sector

The firm said that it was poised to also help the state in tackling the housing challenge and the deficit…
U.S. SEC says it was suing Elon Musk over his ownership of more than 5 per cent of Twitter stakes ahead of taking over the company in 2022.

Twitter employees uneasy about Elon Musk buyout

An informal poll of roughly 200 employees on Blind found that 27 percent hated Musk, 27 percent loved him, and…
Parag Agrawal Twitter CEO

Twitter CEO Agrawal to receive $42m windfall

Musk in a securities filing on April 14 had said he does not have confidence in Twitter's management.
Twitter imposes restriction on number of tweets to read per day

Elon Musk, Twitter reach buyout deal: WSJ, Bloomberg

The Tesla CEO had offered more than $46 billion to buy the platform and pledged to be more lenient when…
Polaris bank

Polaris Bank begins nationwide sensitization road show for non-oil exporters

The CBN scheme, which is aimed at raising $200 billion in foreign exchange (FX) earnings from Non-Oil Proceeds over the…
Minister of Industry, Trade and Investments Adeniyi Adebayo (CON)

Nigeria approves insolvency rules for companies

Mr Rasheed Mahe CAC’s Head of Media Unit said the approval was in line with the powers conferred on the…
EU sets new internet rulebook for Google, Meta, other tech giants.

EU sets new internet rulebook for Google, Meta, others

The new rules ban targeted advertising aimed at children or based on sensitive data such as religion, gender, race and…
Aiko Dangote

Dangote: My Lagos refinery will be ready before Buhari leaves office

The refinery is being built at a cost of $19 billion in Lagos and has been delayed by several years,…

Green Energy sends GMs, managers for MBA programmes in UK

It said the company is currently sponsoring four General Managers to world-class MBA programmes at Warwick Business School (WBS), one…
Lafarge Africa

Lafarge Africa grows net income to N90.6bn in Q1

Mr Khaled El Dokani, the Chief Executive Officer (CEO), Lafarge Africa, said that the company’s first quarter 2022 performance showed…

DrinksDirect.NG, Cane Integrated, Partner to Empower Women, Young Adults

DrinksDirect.NG in partnership with Cane Integrated Investment Ltd. is giving Nigerians the opportunity to become business owners through its inventory…

FCMB Offerings Meet Customer and Regulatory Requirements – SON

The Standards Organisation of Nigeria (SON) has again validated the capacity of First City Monument Bank (FCMB) to provide best-in-class…
Sanwo-Olu

Google Equiano Sea Cable system lands in Lagos

Sanwo-Olu said the country would enjoy a boost of 1.6 million jobs and $10 billion in additional Gross Domestic Product…
Gov. Akeredolu at the commissioning of Sunshine Chocolate factory in Idanre

Ondo chocolate bars hit European markets July

The Sunshine Chocolate Factory is a Public Private Partnership between Ondo State government and an indigenous company, Schokville Ltd.
Green Energy International Limited

Green Energy begins Phase 2 Development of Otakikpo Oil Field

Green Energy International Limited currently operates the field via a 10,000bpd oil handling, a 20MMscf gas handling processing equipment and…
U.S. Treasury secretary Janet Yellen boycotts Russia at G20 meeting

U.S., UK, Canadian officials walk out on Russia at G20 meeting

Yellen was joined in her walkout by Bank of England Governor Andrew Bailey and Canadian Finance Minister Chrystia Freeland, who…
Ecobank Nigeria Unveils “Enduring Legacies”: A Grand Tribute to the Masters of Nigerian Art

Ecobank Nigeria to host fintech breakfast forum

Two major topics to be examined at the seminar - are “How bank-Fintech collaborations can drive ecosystem growth” and “Pan-African…
Netflix

Netflix rocked by subscriber loss

Netflix's first-quarter revenue grew 10% to $7.87 billion, slightly below Wall Street's forecasts. It reported per-share net earnings of $3.53,…
Password

Fact Check: Users use same password on multiple accounts

Using multi-factor authentication (MFA) is also an excellent way of providing extra security for your accounts. Most online accounts such…
Elvira Nabiullina Bank of Russia governor

Bank of Russia set to sue EU, UK, USA over gold, reserves freeze

"This freezing of gold and foreign exchange reserves was unprecedented, so we are going to work on legal claims, and…
Dangote to train 900 Nigerian engineers in Oil Refinery

Oil Refinery: Dangote to train 900 Nigerian engineers

Managing Director, Dangote Industries Free Zone Development Company (DIFZDC), Yinka Akande said that Dangote Refinery has continued to provide employment…
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