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Business

Breaking: Supreme Court invalidates Naira redesign policy

Naira redesign: Lawyers, litigants frustrated over inability to file proceedings

Isa Isawade

3 years ago

“I know how much I spent fueling my vehicle to ensure that I come to court to file proceedings, but…
Twitter imposes restriction on number of tweets to read per day

Twitter to charge users to secure accounts

Nimot Sulaimon

3 years ago

Account holders who use two-factor authentication must use a second authentication method in addition to their password to increase the…
John Ehiguese

Mediacraft Associates gives staff palliative support amid economic hardship

Kazeem Ugbodaga

3 years ago

The allowance is to help alleviate the impact of the current economic difficulties many in the country are facing during…
Reps probe petroleum subsidy under Buhari, allege $10bn revenue loss

Reps panel makes a demand over Naira redesign

Isa Isawade

3 years ago

“We will continue to explore available opportunities to make sure that government does only what is right and in the…
Zenith Bank

Bank will remain open daily, CIBN assures Nigerians

Isa Isawade

3 years ago

“Banks will continue to ensure that adequate security measures are in place to protect staff and customers whilst safeguarding their…
CBN

Confusion: Banks dare CBN, to collect old N500, N1000 notes

Kazeem Ugbodaga

3 years ago

There had been report earlier on Friday that the Central Bank of Nigeria (CBN) directed commercial banks in the country…
Ex- Kano lawmaker Yusuf Sulaiman says emergence of Abdullahi Ganduje as National Chairman of APC has sent jitters to the camp of the PDP.

Cashless Policy: CBN bias, no allocation given to Kano in four days – KNSG

Kazeem Ugbodaga

3 years ago

He said the prejudiced approach by the CBN Governor, Godwin Emefiele, to the implementation of the cashless policy, no matter…
Malam Mele Kyari, Group Managing Director (GMD), Nigerian National Petroleum Corporation Ltd. (NNPCL)

NNPCL: Fuel subsidy now above N400bn monthly

Ayorinde Oluokun

3 years ago

According to him, NNPCL was spending about N202 as subsidy on every litre of petrol consumed across the country, adding…
Globacom

Samsung Galaxy S23 offer: Glo customers storm Gloworld shops

Kazeem Ugbodaga

3 years ago

The lucky ones who had earlier preordered their phones have started receiving their S23 devices, while the new customers have…
Flood

Kwara posts record N35.4bn IGR in 2022

Kazeem Ugbodaga

3 years ago

The record-breaking figure represents 112% of the agency’s IGR target for the year 2022  and it far surpassed the agency's…
CBN

Breaking: CBN orders banks to collect old N500, N1,000 notes

Kazeem Ugbodaga

3 years ago

The CBN had ordered banks to stop the collection of old notes from Nigerians since February 13, 2023, an action…
Samsung launches new smartphones in 55 countries

Samsung launches new smartphones in 55 countries

Michael Adesina

3 years ago

Samsung Electronics, South Korea’s tech giant, on Friday said it had launched its new Galaxy S23 smartphones in 55 countries.
The account of Algrain Foods Limited became toxic in the year 2016 and the Trustee appointed Mr. Ade Oyebanji SAN as the Receiver

Asset Finance: FCMB offers 100m to early-stage SMEs

Ademola Adegbamigbe

3 years ago

Small and Medium Scale Enterprises (SMEs) can now quickly access from N5 million to N100 million to purchase equipment needed…
Ortom asked Buhari to act now on Benue killings

Ortom to Buhari: Naira redesign policy will sink your image forever

Kazeem Ugbodaga

3 years ago

Poor implementation of the Central Bank of Nigeria's Naira redesign policy is causing upheavals in the land as protests and…
Falana and Emefiele

Supreme Court has to make example of Emefiele, nobody above law – Falana

Kazeem Ugbodaga

3 years ago

The Supreme Court had last week ordered the CBN to stay action on its deadline for the swapping of old…
Naira

Naira gains at Importers, Exporters Window

Nimot Sulaimon

3 years ago

An exchange rate of N462 to the dollar was the highest rate recorded within the day’s trading before it settled…
NBS says Nigeria's Merchandise Trade drops 3.76% in second quarter but soars 150% yearly

Shell excited as Bonga FPSO hits 1bn barrels export milestone

Ayorinde Oluokun

3 years ago

Bonga, a Floating Production, Storage, and Offloading (FPSO) vessel with a capacity to produce 225,000 barrels per day began operations…
Favour Ori, founder of Payday

Favour Ori’s PayDay launches 3:0 version with improved features

Michael Adesina

3 years ago

Payday is building a one-stop platform to help solve Africa’s financial services barrier including other services outside remittance.
Investors lose N1.14trn as NGX reacts to MPC decision

CWG, Fidelity Bank, NAHCO top losers chat at Equity Market

Kazeem Ugbodaga

3 years ago

On the other hand, Computer Warehouse Group (CWG), led the losers’ chart by 9.18 per cent to close at 89…
Ex- President Muhammadu Buhari insists naira redesign policy of former Governor of CBN Godwin Emefiele ensured 2023 elections were "cleaner"

Naira scarcity: Buhari, Emefiele meet behind ‘closed doors’ again

Kazeem Ugbodaga

3 years ago

Today's meeting took place at the State House, Abuja shortly after the president arrived from launch of Critical Operational Assets…
KS Enterprise Luxury Chauffeur Industry

KS Enterprise single-handedly revolutionizes Luxury Chauffeur Industry

Michael Adesina

3 years ago

KS Enterprise has an excellent proven track record with existing clients; working with high-net-worth individuals and global brands has curated…
Jordan Messoud

Jordan Messoud: How I made £250,000 from buying two off plan properties

Michael Adesina

3 years ago

Messoud researched profitable online products. He enrolled in a variety of courses run by successful mentors who taught him everything…
NECA warns that the proposed strike by the NLC will disrupt economic activities and businesses in the country and will be counter-productive.

Naira redesign policy destroying economy – NECA

Ayorinde Oluokun

3 years ago

According to NECA, the cash squeeze as a result of poor implementation of the policy has impacted on the purchasing…
Bola Tinubu

Six urgent ways CBN can bring relief to cash-trapped Nigerians – Tinubu

Kazeem Ugbodaga

3 years ago

Tinubu also advised the CBN to suspend immediately associated charges on online transactions and bank transfers and payments via POS…

UK-Nigeria trade volume hits £5.5 billion

Nimot Sulaimon

3 years ago

According to him, the United Kingdom exported 3.3 billion pounds to Nigeria in the first four quarters of 2022.
EFCC

Ekiti joins states suing FG, CBN over Naira crisis

Kazeem Ugbodaga

3 years ago

The statement said the suit, with the number SC/CV/162/2023, had Attorneys General of Kaduna State, Kogi State and Zamfara State…

CBN reacts to news of printing materials shortage

Isa Isawade

3 years ago

“The attention of the Central Bank of Nigeria has been drawn to a misleading report misquoting the Governor, Mr Godwin…

Jamaica plans to source vehicles from Nigeria

Isa Isawade

3 years ago

"For us, it is a tremendous opportunity to witness vehicle manufacturing taking place here in Nigeria, which is one of…
Naira

Naira floors Dollars at Investors and Exporters Window

Kazeem Ugbodaga

3 years ago

The figure represented an appreciation by 0.09 per cent compared with the 461.10 it exchanged on Thursday.
32-year-old Ekiti man Adeosun Adeola claims that N1.6 million kept in his custody got missing in his bank account by spiritual means.

Naira gains at Investors, Exporters window

Nimot Sulaimon

3 years ago

An exchange rate of N462 to the US dollar was the highest rate recorded within the day’s trading before it…
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