Nigeria may be forced to cut off power supply to the Republics of Niger and Benin over an outstanding N2.60 billion electricity debt. Details of... Read More
business
Last week, there were huge interests in the shares of Wema Bank, Zenith Bank and FBN Holdings on the floor of the Nigerian Stock Exchange... Read More
The need for regulators in the financial industry in the country, including the Central Bank of Nigeria (CBN), to understand the crypto asset space for... Read More
The International Monetary Fund has called for caution in the use of cryptocurrencies , describing it as a concern. It disclosed this during a virtual... Read More
The Nigerian National Petroleum Corporation (NNPC) has insisted there is no plan to increase pump price. NNPC’s Group General Manager, Group Public Affairs Division, Dr... Read More
The Department of Petroleum Resources (DPR) has dismissed media reports that it uncovered a missing 2 million barrels of crude in oil production records by... Read More
The Bitcoin (BTC) reached a new record on Sunday, rising above $49,000, equivalent to N23.5 million, for the first time. The world’s largest cryptocurrency crossed... Read More
Trading in Cryptocurrencies is not backed by the Central Bank of Nigeria (CBN) Act which recognizes the naira as the only legal tender in the... Read More
The apex bank has warned Nigerian banks against having any transactions in cryptocurrencies or facilitating payments for crypto exchanges. The Central Bank of Nigeria has... Read More
Without production, the three national refineries recorded N6 billion operational expenses in October 2020, The Nation learnt Tuesday. The total value of output by the... Read More
Nigerian banks migrate to new cheque standards, old ones expire 31 Dec. The new cheques with new standards effective 1 January 2021 Nigerian banks are... Read More
The big boys of the Nigerian Stock Exchange (NSE) reduced the value of the market on Friday as investors booked profit on them because of... Read More
Nigeria has officially slid into another economic recession, four years after the country recorded the first one under the administration of President Muhammadu Buhari. This... Read More
Zenith Bank Plc has announced its unaudited results for the third quarter ended September 30,2020 with gross earnings rising by 4% to N509 billion from... Read More
The consumer price index, (CPI) which measures inflation increased accelerated by 13.71 percent in September 2020, marking the 13th-consecutive uptrend since September 2019 and the... Read More
On September 1, 2020, the Central Bank of Nigeria (CBN) in a circular signed by its Director of Banking Supervision, Mr Bello Hassan, said the... Read More
After conquering the banking sector in Nigeria, Guaranty Trust Bank (GTBank) Plc is looking to disrupt the financial technology (fintech) space by formally launching its... Read More
The Petroleum Products Marketing Company, PPMC, had, Wednesday, announced a new ex-depot price of N151.56 for petrol, raising pump rice of the product to N161... Read More
Despite the economic challenges occasioned by the COVID-19 pandemic, Fidelity Bank has sustained the financial performance trajectory of recent years, with another set of impressive... Read More
FCCPC Opens Investigation into Competition and Possible Consumer Rights Violations in Pay TV Industry.... Read More
Access Bank Reacts To The Viral Video Of A Guy Who Claimed To Have Stolen Customers’ Data
1 min read
Access Bank has assured customers of the safety of their personal information denying reports of a breach of its system. The bank said in a... Read More
Ecobank Nigeria has further reviewed its monthly international spending limit downward to $20 per month for point of sales (PoS) and web transactions on... Read More
The management of the Nigerian Stock Exchange (NSE) has suspended trading in the shares of six companies listed on its trading platform. As a result... Read More
A top financial institution, Access Bank Plc, has dispelled news circulating on the social media that it experienced a breach in customer data, assuring its... Read More
The former Managing Director of Nestlé Nigeria, Mr Mauricio Alarcon, has been appointed as the new Chief Executive Officer of Nestlé Central and West Africa... Read More
A total of 11 companies listed on the Nigerian Stock Exchange (NSE) have been sanctioned and asked to pay fines to the tune of N48... Read More
Lagos based energy company, Lekoil Limited, is looking to raise the sum of $100 million in order to start drilling its Ogo oilfield after major... Read More
The debt-to-GDP (gross domestic product) ratio of Nigeria has slightly reduced to 19.00 per cent from 19.09 per cent within a period of 12 months,... Read More
The delay in the filing of the audited financial statements of Stanbic IBTC Holdings Plc has been blamed on the Central Bank of Nigeria (CBN),... Read More
Jeff Bezos has seen his Amazon empire boom during the coronavirus pandemic after millions of people turned to buying products online after lockdown shut down... Read More
