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Business

Art works: New method of money laundering

While the legitimate art market is itself enormous—estimated at $67.4 billion worldwide at the end of 2018—the underground art market,…

Verve promises continued efficient payment solutions delivery

Verve Card has promised to continually improve financial inclusion across borders and make payments much more seamless and efficient. 

What UNGA President recommends on illicit financial flows

The President of the UN General Assembly, Amb. Tijani Muhammad-Bande, has called for concerted global action against illicit financial flows…

Buhari directs release of N600bn for capital projects

President Muhammadu Buhari has directed the Ministry of Finance, Budget and National Planning to release N600 billion for Capital Expenditure…

Banks lend N15.1 trillion to Nigeria’s private sector

The National Bureau of Statistics (NBS) said the Nigerian banking sector allocated N15.13 trillion as total value of credit to…
Innoson enmeshed in controversy as NAN returns new bus

Innoson Motors lists main patrons in Nigeria

Chief Innocent Chukwuma, Chairman, Innoson Group of Companies Nigeria limited, said Buhari administration has given enormous patronage and support to…

Work begins on Akanu Ibiam Airport runway

The Federal Airports Authority of Nigeria (FAAN) has commenced the rehabilitation of the runway at the Akanu Ibiam International Airport,…

Why Nigeria’s Northwest States are in darkness

Electricity supply in most states in the North west has remained unstable, affecting businesses and economic activities, and leading to…

Moscow rolls out red carpet for Huawei 5G Network

While the US banned Huawei for alleged espionage and asked its allies to do the same, Moscow has rolled out…
The Nigeria Customs Service (NCS) has dismissed reports that the Federal Government has lifted the ban on vehicle importation through the Seme border.

Border closure: Traders lose N15billion, says Igbo group

The Ndigbo Unity Forum (NUF), a pan-Igbo socio-political group, has decried economic hardship being faced by Nigerians, especially traders nationwide,…

Nigeria@59: How the Capital Market has fared

Ahead of the country’s independence anniversary on Oct. 1, Nigerian capital market operators have identified some highs and lows of…

Dangote Refinery will reduce unemployment in Lagos – Akande

Lagos State Commissioner for Commerce, Industry and Cooperatives, Dr. (Mrs.) Lola Akande has said that the ongoing construction of Dangote…

What has set downstream oil sector back – DPR Director

The Department of Petroleum Resources (DPR) has decried the high level of non-compliance with the regulatory framework of the downstream…

September bond auction raises N146.6 bn for FG – DMO

The Debt Management Office (DMO) says it raised N146.6 billion for the N150 billion offered for three instruments in the…

IMF board settles for Kristalina Georgieva as successor to Lagarde

The Executive Board of the International Monetary Fund (IMF) today selected Kristalina Georgieva, from Bulgaria, to serve as IMF Managing…

Needs of the poor must be addressed – Osinbajo

Vice President Yemi Osinbajo has advocated that the concerns of young entrepreneurs, startups, small traders, millions at the bottom of…

No deal Brexit: EU car makers warn UK on billions of Euro and job losses

A month before Britain is due to quit the European Union, the bloc’s car-makers have joined forces to warn of…

Keystone Bank promotes climate action, sustainability

Keystone Bank Limited has become one of the founding signatories of the Principles for Responsible Banking, committing to strategically align…

British tourists stranded worldwide as Thomas Cook goes bankrupt

Thousands of British holidaymakers, an estimate put them at 600,000 are facing problems all over the world over unpaid bills…

New NPDC-CPDC deal to fetch Nigeria $6.35b in taxes and royalties

The push by the Management of the Nigerian National Petroleum Corporation (NNPC) to increase crude oil production and grow the…

70,000 Borno farmers to benefit from CBN’s ABP

The Central Bank of Nigeria (CBN) says it has targeted about 70, 000 farmers and business under its Anchor Borrower…

Why CBN should sensitise Nigerians on cashless policy – don

Dr Aminu Usman, Head, Economics Department, Kaduna State University, has urged the Central Bank of Nigeria (CBN) to carry out…
Port Harcourt Refinery

NNPC refineries will come alive 2022, repairs begin January

Nigeria's refineries, located in Port Harcourt, Warri and Kaduna, will roar to life to refine crude oil at optimum capacity…

VerveCard scheme set to celebrate 10th anniversary

Ten years ago, Verve, a leading payments technology and card scheme business in Africa, was launched by Interswitch Group to…

Firm loses $53,000 to email hackers

A company in Dubai has lost $53,000 (Dh194,700) after a cybercriminal hacked its email and then used a spoofed email…
Ecobank

Ecobank makes fresh appointments

Ecobank Nigeria has announced the appointment of key Management Officers across various levels.

Keystone Bank rewards Verve card holders with free petrol

Fastest growing financial services provider, Keystone Bank Limited in partnership with Verve International, has launched a promotion to reward its…

Reports: Pressure on Saudi billionaires to buy Aramco shares

Saudi Arabia is mounting pressure on wealthy nationals into taking part in Aramco’s upcoming IPO, The Financial Times and Bloomberg…
Cocoa beans are pictured next to a warehouse in the village of Atroni, near Sunyani, Ghana, April 11, 2019. Image via NAN

Ghana expects 850K tonnes of cocoa in 2019/20 season

Ghana, the world’s second-largest cocoa producer, is expected to produce 850,000 tonnes of cocoa in 2019/20 season at the lower…

Huawei unveils Mate 30 series, world’s first 5G smartphone

China's telecom giant Huawei has unveiled its Mate 30 Series, the world's first second generation 5G smartphone, in Munich Germany.
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