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Reps accuse banks of perpetrating illegality by deducting inexplicable monies from customers without remittances.

System Upgrade: Nigerian banks that inflicted pains on customers

The disruptions by Guaranty Trust Bank (GTBank) and Zenith Bank, in particular, have seriously affected the ability of thousands of…
Dangote Group invests over $280 million in CNG technology, infrastructure in support of Tinubu’s administration's energy transition plans.

Dangote: We’ve invested over $280m to back Tinubu’s CNG initiative

On its part, the Dangote Cement said the over $280m investment not only solidifies its leadership in the CNG sector…
Pineapple farming

10 things to know before going into pineapple farming

Pineapple is a crop that needs an equal amount of sunlight and rainfall, meaning it’s a crop for the tropical…
FBNHoldings Plc opens N150bn Rights Issue as part of its plans to recapitalise its commercial banking subsidiary, First Bank of Nigeria Ltd.

Recapitalisation: FBNHoldings opens N150bn rights issue

the Group Managing Director, Mr Nnamdi Okonkwo, said that the rights issue gives the shareholders an opportunity to retain the…
1xBet will make it rain money at Halloween: spin the slots and win up to €16,666!

1xBet will make it rain money at Halloween: spin the slots and win up to €16,666!

Get the most out of Halloween without a festive costume and Jack-o'-lantern. Take part in the 1xBoo tournament and win…
Energy

Electricity company cries out over high rate of energy theft in Kogi

“We appeal to all our valued customers with outstanding bills to settle them promptly. This is crucial in maintaining uninterrupted…
CFL Group

CFL Group unveils ambitious plan to build one million affordable homes nationwide

In a bold move to address Nigeria’s housing deficit, CFL Group of Companies, led by its Group Managing Director and…
Stock Market

Equity Market celebrates N157 billion profit, All-Share Index hits new heights

The market was buoyed by demand for stocks such as Aradel Holdings, United Bank for Africa (UBA), Stanbic IBTC, FCMB,…
Naira

Naira gains ground: Strengthens against Dollar in Official Market

Also, the total daily turnover increased to 284.93 million dollars on Friday up from 230.99 million dollars recorded on Thursday.
GTBank

System Update fallout: GTBank issues important notice to customers

The bank stated that all branches nationwide would open on Saturday, 26 October, from 9am to 2pm, and on Sunday,…
First Bank staff arraigned for 'stealing' customer's money

FirstBank denies system upgrade plan

“We are not experiencing disruption to our services, and our banking systems, customer transactions, channels, etc, will not be affected…

Jeffworldwide: Revolutionary automobile company with computerized showrooms

As Jeffworldwideimited, a trailblazer in Nigeria’s automobile industry, has transformed the car-buying experience with its innovative, computerized showrooms and customer-focused…
Crypto

Reasons Behind Institutional Investors’ Interest in the Cryptocurrency Market

Institutional involvement in the cryptocurrency market is growing, driven by factors such as the potential for diversification, evolving regulatory landscapes,…
CFL Group

Nigeria’s Economic woes demand joint effort of Government, Private Sector – Omotola

Omotola lamented that the country is experiencing the most challenging times in its history, noting that as the hardship persisted,…

Food prices have soared in September – NBS

The report said that the South-South recorded the highest average price of sliced bread at N1,812.08, followed by the South-East…
ASA 2024 assembles continental powerhouses to achieve food security

ASA 2024 assembles continental powerhouses to achieve food security

The summit's agenda is meticulously crafted to address the most pressing issues facing African agriculture today. In a groundbreaking move,…
IMF projects global growth to remain unchanged at 3.2 per cent in 2024 and 2025, as inflation recedes in its October WEO Update Report

Global growth remains unchanged at 3.2%, as inflation recedes – IMF

This is according to the IMF’s latest World Economic Outlook (WEO) Update Report for October 2024: “Policy Pivot, Rising Threats,”…
Keystone Bank crushes rumours: CEO confirms strong financial standing

Keystone Bank crushes rumours: CEO confirms strong financial standing

Imam stated, “We want to set the record straight that we are strong and have consistently grown our balance sheet…
GTBank

How GTBank’s tech upgrade triggered 10 days of chaos, frustration for customers

They were unable to transfer funds to other banks, nor could they receive money from other institutions. Transfers to GTBank…
Processes involved in successful plantain farming

Processes involved in successful plantain farming

What is the capital outlay to profitably raise a plantain farm? Oyewole, who boasts of over twelve years of plantain…
Overshadowed by international crises, IMF and the World Bank annual meeting is due to start on Monday in Washington.

World Bank, IMF annual meeting to start in Washington

As part of the meeting, the IMF also plans on Tuesday to present a new forecast for future growth in…
Farmers, others lament egg price hike, seek FG intervention

Farmers, others lament egg price hike, seek FG intervention

“A crate of eggs is between N5,900 and N6,000, while an egg is sold for N250 to N300 depending on…
Outgoing President of AfDB, Akinwunmi Adesina, beg for forgiveness from those he may have offended in the course of discharging his duty.

Lack of reliable electric power supply killing Nigerian businesses – AfDB boss Adesina

Adesina said that it amounted to 5.8 per cent loss in the nation’s Gross Domestic Product (GDP)
Naira

FAAC: FG, States, LGs share N1.298 trillion for September

The N1.298 trillion was allocated from a gross total of N2.298 trillion, which included Gross Statutory Revenue, Value Added Tax…
Lagos partners financial institutions to empower women traders

Lagos partners financial institutions to empower women traders

To benefit from the programme, women traders must have a National Identification Number (NIN) and be registered with the Lagos…

Business Council commits to improved trade relations between Nigeria, India

Kayode also emphasised the importance of moving from import-dependence to local manufacturing or assembly, supported by a law signed by…
Nigeria’s vision to roll out broadband services to all four corners of the country risks being derailed because of fall in number of ISPs

Diminishing ISPs are a Growing Hurdle to Nigeria’s Broadband Goal

The Nigerian Communications Commission (NCC) has been pressured about the issue from various industry executives. It has acknowledged the drop-off…
AfDB names Kennedy Mbekeani as new Director General for East Africa

AfDB names Kennedy Mbekeani as new Director General for East Africa

Before joining the Bank, Mbekeani worked for  the United Nations Development Programme as a trade, debt and globalisation advisor for…
Shettima

VP Shettima jets to Sweden for high-stakes bilateral talks

Accompanying Shettima will be twelve Nigerian private sector companies independently attending the meetings as a business delegation to further strengthen…
GTBank

GTBank issues crucial update on system upgrade amidst customers outrage

Customers have complained about their inability to transfer funds to other banks, and those using GTBank ATMs have reported problems…
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