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Business

CBN’s e-Naira game-changer of Nigerian economy- BMO

Buhari Will Launch e-Naira Tomorrow

President Muhammadu Buhari will launch the e-Naira, also called Nigerian Central Bank Digital Currency (CBDC), on Monday, 25 October.
eNaira

CBN finally unveils eNaira tomorrow, Buhari is chief launcher

President Muhammadu Buhari will now unveil it on Monday, Nwanisobi said in a statement on the bank's website.
Femi Otedola now single largest shareholder in First Bank

FBN makes U-turn, confirms Otedola’s acquisition of 5.07% equity stake

By Chinyere Joel-Nwokeoma Barely 24 hours after denying notification of possible acquisition of shares by Mr Femi Otedola, FBN Holdings…
Femi Otedola

FBN Holdings speaks on Femi Otedola’s takeover

FBN in a statement to the Nigerian Exchange (NGX) Ltd. said it was yet to receive any notification of the…
Abisola Olusanya

Lagos acquires 750 hectares for feedlots: Olusanya

The commissioner said that the feedlots were under construction and would soon begin operations.
Facebook shuts ‘troll farm’ run by Nicaragua government

Facebook to rebrand with new name

Facebook Inc is under fire from regulators and lawmakers over its business practices
Nigeria young tech entrepreneur and CEO of Pan-African fintech startup, Payday, Favour Ori

Tech entrepreneur, Favour Ori breaks record in Rwanda

Payday, a Pan-African Fintech startup will now join notable firms that include; SalesLoft, SendGrid, ZipLine, Chainalysis, and DataRobot, at Techstars…
Chinese Yuan and US Dollars

Chinese Yuan weakens against USD

In China’s spot foreign exchange market, the yuan is allowed to rise or fall by 2 per cent from the…
Sylva at the inauguration of the new agencies of PIA

CEOs of DPR, PPPRA, PEF technically sacked

This followed the scrapping of their agencies, in line with the provisions of the Petroleum Industry Law.
Asian-African Chambers of Commerce and Industry

French govt partners Nigeria to empower youths in agriculture

Anrinle Adekunle, Vice-President of the Asian-African Chambers of Commerce and Industry, at the weekend said the French Government will partner…
Bello-Koko during the inspection of the Apapa Port control tower

NPA boss Bello-Koko upgrades Apapa Port control tower

According to him, the upgrade will position the ports on a competitive edge in the West and Central African sub-region.
China's economy stumbles

China’s economy stumbles, records slowest growth

The domestic economic recovery is still unstable and uneven," said National Bureau of Statistics (NBS) spokesperson Fu Linghui at a…
Online trading

How to manage risks while trading, investing online

If you are trading or investing in any of the capital markets, the risk is certain. Risk management techniques and…
Akeem Lawal of Interswitch

Interswitch unveils white paper on blockchain technology

Managing Director, Transaction Switching and Payment Processing, Interswitch, said the white paper was inspired by the need to demystify the…

CAC set to block fraudulent registration applications

Alhaji Garba Abubakar, the registrar-general of CAC, pointed out that the measure was to further boost the Federal Government’s fight…
Mukhtaar Tijani

Rise in solar industry offers insight into realities of Lagos’ energy map – Tijani

The General Manager, Lagos State Electricity Board, Engr. Mukhtaar Tijani at the weekend said the rapid rise of the solar…
Adeyefa

Rooomxix having splendid 2021 – CEO Gbenga Adeyefa

While many companies are still reeling from the massive impact of the global lockdown occasioned by the Coronavirus pandemic, some…
Online bank scams increasing in Britain

Britain now epicentre of online bank scams

A British record of 754 million pounds ($1 billion) was stolen in the first six months of this year, up…
Alexander Adegoke , right, wins NIM's Young Managers contest

BAT intern Adegoke wins NIM Young Managers Competition

NIM Young Managers Competition (YMC) is one of the institute’s corporate social responsibilities and contributions to youth development and empowerment.
Nigerians bothered about soaring food prices, not budget -Bismarck Rewane

Osinbajo “absolutely correct” on artificially low forex rate – Rewane

Renowned Nigerian economist, Bismarck Rewane, says Vice President Yemi Osinbajo was “absolutely correct” in his comments that Nigeria has an…
Lagos Trade Fair at TBS in 2019

LCCI announces date for Lagos International Trade Fair

over 200, 000 visitors are expected at the fair while about 1,500 exhibitors from 16 countries with an exhibition space…
Mr. Oscar Onyema

NGX Group set to list shares

Abimbola said the NGX Group would undergo a listing by introduction of more than 1.964 billion shares admitted to trading…
What Sanwo-Olu told Oyetola on his 70th birthday

Oyetola begins disbursement of CBN’s MSME loans

Sanya Olopade, the acting General Manager of Osun Micro Credit Agency said artisans, traders, farmers, manufacturers, and producers are among…
Yakuzak taking over from Olusegun Awolowo

Buhari appoints Yakusak CEO of NEPC, Awolowo ends second term

Yakusak, the Director, Policy and Strategy of the council, will succeed Olusegun Awolowo, who has been at the helms since…
Elon Musk and Jeff Bezos

Elon Musk leapfrogs Bezos for world’s richest title

According to Bloomberg billionaire Index of 500 leading billionaires, Elon Musk's personal wealth is now $222 billion, widening the gap…
Senate committee lauds CAC Registrar General on reforms

Senate committee lauds CAC chief on reforms

Sen. Francis Fadaunsi, Chairman of the Committee, gave the commendation when he led other members on an oversight visit to…
World Bank

Low, middle income countries’ debt hits $8.7T: World Bank

For low income countries alone, the debt burden increased by 12 per cent to $860 billion.
L-R): Mustapha Lukman, Divisional Head, Commercial and Business Banking Division, Managing Director/Chief Executive Officer, Tony Okpanachi, Managing Director/CEO, FCMB, Mrs. Yemisi Edun receiving the Award for the DBN Platinum Service Ambassador and Group Head, Business Banking, George Ogbonnaya recently in Lagos

Development Bank of Nigeria celebrates Service Ambassadors

In commemoration of the 2021 Customers Service Week, Development Bank of Nigeria celebrated its Participating Financial Institutions (PFIs), with a…

Quickteller Paypoint marks 2021 Customer Service Week

With the theme “Power of service”, Quickteller Paypoint recognized 40 transacting agents in October across four different regions in Nigeria.
IMF boss, Ms. Kristalina Georgieva under attack

Don’t throw away IMF’s Georgieva, Mo Ibrahim cautions hawks

Ibrahim said Georgieva is a victim of US-China tussle, just like Tedros Ghebreyesus of the World Health Organisation.
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