Business

CBN relaxes restrictions on fx rates quoted by IMTOs

Ayorinde Oluokun

2 years ago

The CBN had earlier directed Deposit Money Banks (DMBs) to sell their excess dollar stock in a bid to stabilise…

CBN orders banks to sell all excess dollars in their domains today

Kazeem Ugbodaga

2 years ago

The circular said the CBN had noted with concern the growth in foreign currency exposures of banks through their Net…

Otedola becomes board chairman First Bank Holdings

Taiwo Okanlawon

2 years ago

Femi Otedola became the major shareholder of FBN Holdings (FBNH), the owners of First Bank Nigeria, after acquiring a 5.07…

LIRS extends deadline for filing of annual Tax Returns

Kazeem Ugbodaga

2 years ago

Subair urged employers of labour to take full advantage of the extension to perform their civic obligation to avoid penalties…

2024 Budget: Lagos to invest N550.689bn on infrastructure

Kazeem Ugbodaga

2 years ago

The Commissioner said the Budget would also address development of affordable housing schemes and urban renewal projects in addressing the…

PayPal to sack about 2,500 workers globally

Taiwo Okanlawon

2 years ago

The payments firm announced it was launching new artificial intelligence-driven products as well as a one-click checkout feature.

AEDC appoints new management team

Ayorinde Oluokun

2 years ago

AEDC began operations and business of power distribution in November 2013 as one of 11 Electricity Distribution Companies (DisCos) granted…

CapitalMetriQ Swift Bank: Your Banking Sanctuary in a Chaotic World

Taiwo Okanlawon

2 years ago

CapitalMetriQ Swift Microfinance Bank's commitment to customer-centric banking is evident in its range of services. With free ATM cards, a…

CBN: Backlog of foreign exchange owed foreign airlines cleared

Ayorinde Oluokun

2 years ago

CBN said this on Tuesday while announcing payment of an additional 64.44 million dollars to the foreign airlines

How the Naira can bounce back – Reno Omokri

Kazeem Ugbodaga

2 years ago

"Gone are the days when the government artificially set the Naira's value. And all major Presidential candidates said they would…

Mining Sector: FG, RMAFC to deepen collaboration on revenue leakages

Kazeem Ugbodaga

2 years ago

Bello in his remarks stated that the commission's visit was hinged on pledging support for efforts of the Minister to…

Farmers, consumers, commend LASG, as fresh food fair kicks off

Kazeem Ugbodaga

2 years ago

Speaking during the fresh food fair, the General Manager of Lagos State Coconut Development Authority, Mr. Dapo Olakulehin, said the…

Glo subscribers in Lagos, Abuja, Warri get biz class return tickets to Europe

Kazeem Ugbodaga

2 years ago

To qualify, these subscribers had recharged a minimum N50,000 over the last 30 days of the promo and were consequently…

How I overcome challenges in automobile sales – Esheza Autos boss

Taiwo Okanlawon

2 years ago

From gender biases to industry complexities, the road to success has been fraught with obstacles. As a woman in a…

Sanusi counters Northern agitation: ‘Relocating CBN departments to Lagos in order’

Kazeem Ugbodaga

2 years ago

According to Sanusi, northern politicians would shout that "this is moving from Abuja to Lagos. Abuja is a federal capital,…

Interswitch begins sale of 2024 JAMB ePINS on Quickteller

Kazeem Ugbodaga

2 years ago

With this development, parents and guardians of prospective candidates aiming to register for the 2024 UTME can now obtain their…

Abiodun lauds Lafarge for significant contributions to socio-economic development

Kazeem Ugbodaga

2 years ago

The governor also commended Lafarge for its impact on industrial activities, providing valuable employment opportunities for residents and fostering skills…

Lekki Deep Seaport berths largest container vessel on Nigerian waters

Kazeem Ugbodaga

2 years ago

The vessel measuring 367M in length over all christened "Maersk Edirne" has a Breadth of 48.2 and carried a Gross…

In eight months of Tinubu administration, Nigeria’s stock market leads the world

Kazeem Ugbodaga

2 years ago

To address the low forex inflow, Nigeria is discussing as much as $1.5 billion of World Bank funding support for…

CBN announces first MPC meeting under Cardoso

Ayorinde Oluokun

2 years ago

By Kadiri Abdulrahman The Central Bank of Nigeria (CBN) has scheduled the first Monetary Policy Committee (MPC) meeting, under the…

Odu’a Investment moves to list on NGX

Ayorinde Oluokun

2 years ago

Odu'a group, owned by the governments of the Western states of Nigeria is a strategic investment and asset management firm…

NCAA vows to withdraw services from debtors

Kazeem Ugbodaga

2 years ago

While making a slide presentation of his vision tagged “NCAA Project 2024”, Najomo said his administration was committed to ease…

Dangote Refinery begins registration of distributors

Kazeem Ugbodaga

2 years ago

The company is also considering other marketers that have signified interest in the lifting and distribution of its petroleum products…

Glo, Nigeria’s proud ambassador – AbdulRazaq

Kazeem Ugbodaga

2 years ago

Globacom's Head of Mobility Business, Enterprise Business Group, Mr. Eric Uwaoma, disclosed that Globacom pioneered several innovations which have helped…

AMCON in legal battle with cooperative society over N14.7bn debt

Paul Dada

2 years ago

It wants interest at the rate of 14%Per annum from the 4th of April, 2022 until Judgment is delivered in…

Lagos businessman Bello- Osagie dragged to court over alleged N395m unpaid loan

Ayorinde Oluokun

2 years ago

The Defendant is a Director of Mtech Communications Limited.

NCC suspends barring Glo users from calling MTN lines

Paul Dada

2 years ago

“Whilst the commission expects MTN and Glo to resolve all outstanding issues within the 21 days, the commission insists that…

Why you need to write your will – Wuraola

Isa Isawade

2 years ago

“Trust is a currency of commerce and our daily living; we envisage that the business of Trust will grow exponentially…

MultiChoice begins 2024 Step Up Offer for DStv, GOtv customers

Kazeem Ugbodaga

2 years ago

In a statement by the company, it said the offer will run from January 15 to March 31. According to…

MPH.com sets new standards with cutting-edge luxury automotive analytics

Taiwo Okanlawon

2 years ago

As MPH.com looks to the future, it aims to keep luxury buyers and enthusiasts informed about the latest trends and…

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