Business

Music executive, Don Jazzy has revealed he once tried to sell, his now rested record label, Mo’Hit to another music executive, Obi Asika He said he attempted to sell it for just one million naira. In an exclusive interview with ...

  Nigeria’s premier financial institution and financial inclusion services provider has bagged two awards: Best SME Bank in Africa and Best SME Bank in Nigeria at the highly converted Asian Banker Global Excellence Retail Awards 2024. The Excellence in Retail ...

There is a need for the Nigerian Communication Commission (NCC) to investigate the operations of telecommunications companies operating in the country over poor service delivery. The resolution was passed as a sequel to the adoption of a motion under ‘Urgent Public ...

Dealers in Liquefied Petroleum Gas popularly known as cooking gas have expressed satisfaction over the fall in the price of the product. The dealers under the aegis of Nigerian Association of Liquefied Petroleum Gas Marketers, said the ban by the Federal ...

The Federal Government may have set in motion a plan to suspend the payment of import duties on staple food items, drugs, and other essential items for an initial period of six months as a measure to curb inflation. This ...

The Presidency has said two trending fiscal policy documents in circulation are still proposals and have not been approved by President Bola Tinubu. It also reiterated that the fuel subsidy regime has ended, and the government’s position on fuel subsidy ...

The Nigerian Deposit Insurance Corporation (NDIC) has assured depositors of Heritage Bank it was already in the process of paying them. The Managing Director of NDIC, Bello Hassan, stated this at a briefing where he outlined the processes of repayment, insisting that ...

The Central Bank of Nigeria has denied plans to revoke the licenses of Unity Bank, Polaris Bank, and Keystone Bank. “The content is fake and not from the CBN.” Online reports had claimed that the apex bank would terminate the licenses ...

In a move to safeguard the financial system and protect depositors’ funds, the Central Bank of Nigeria (CBN) has revoked Heritage Bank’s license, effective immediately. The Nigeria Deposit Insurance Corporation (NDIC) has been appointed as the liquidator, ensuring a smooth ...

Popular fashion designer, Veekee James, elated and grateful after her first appearance on CNN. In an emotional feature, she recounts her modest upbringing, living with her mother in a small home, where she first discovered her passion for fashion. With ...

  FBN Holdings Plc declared N238.53 billion profit before tax (PBT) in its unaudited first quarter (Q1) ended March 31, 2024 results, which was about 325.2percent growth from the N56.1 billion reported in Q1 ended March 31, 2023.   The ...

  FBN Holdings Plc declared N238.53 billion profit before tax (PBT) in its unaudited first quarter (Q1) ended March 31, 2024 results, which was about 325.2percent growth from the N56.1 billion reported in Q1 ended March 31, 2023.   The ...

A Federal High Court in Abuja has granted bail to Chioma Okoli in the sum of N5 million with two sureties. Okoli was arraigned on Tuesday, May 28, 2024 before Hon. Justice Peter Lifu, and was later remanded at Suleja Correctional ...

Kimberly-Clark, the producer and manufacturer of popular diaper brand ‘Huggies’ and various sanitary pads, is set to announce the closure of its production facility in Ikorodu, Nigeria, after several years of investing $100 million in the country. Huggies reportedly leaving ...

Renowned musician, Davido, is facing backlash on Twitter as users accuse him of scamming them through his recently launched cryptocurrency venture, $Davido. Many fans invested heavily in the project, trusting his reputation, but were left with significant losses when Davido ...

Erisco’s food critic, Chioma Okoli reportedly suffers a miscarriage due to the stressful legal battle with Erisco Foods over her product review. In 2023, Chioma Okoli shared on Facebook that the tomato paste she used contained excessive sugar, leading to ...

The Nigerian National Petroleum Company Limited said it has discovered a total of 122 illegal oil refining sites across the Niger Delta region in the past week A documentary released by the company on Tuesday said 65 illegal pipeline connections ...

  Nigeria’s economy growing – Wale Edun The Nigerian economy is experiencing a positive growth rate of 2.99 percent surpassing the 2.3 percent growth seen in the first quarter of 2023. Minister of Finance and Coordinating Minister of the Economy, ...

The Minister of Agriculture and Food Security, Abubakar Kyari, says the scarcity of tomatoes being experienced in parts of Nigeria is caused by “severe infestation known as Tomato Ebola or Tomato Leaf Miner”. Many households reportedly resorted to tomato pastes and other ...

Tigran Gambaryan, the Binance Holdings Limited cryptocurrency firm’s executive standing trial alongside the company in Nigeria, is very ill and requires comprehensive medical attention to avoid his d3ath in Kuje prision where he is presently being held, his lawyers have ...

  FIRSTBANK PARTNERS WITH PROPARCO ON CLIMATE PERFORMANCE   First Bank of Nigeria Limited, in partnership with Proparco, a Development Finance Institution is mainstreaming climate initiatives into its business operations and strategy. This is aimed at achieving a holistic integration ...

  FIRSTBANK’S FIRSTADVANCE – FINANCIAL EMPOWERMENT FOR GOOD REASONS Ade is a hardworking father in Lagos. Recently, fate dealt him a heavy blow when his young son, Tunde, fell scarily ill. Tunde’s illness struck suddenly, sending shockwaves through Ade’s world. ...

The Central Bank of Nigeria (CBN) has raised the interest rate by 150 basis points, from 24.75% to 26.25%. This decision was made by the Monetary Policy Committee (MPC) to control Nigeria’s soaring inflation levels, which reached 33.69% in April ...

Officers of the Nigeria Army have reportedly shut Banex Plaza, a shopping complex located in the Wuse 2 area of the Federal Capital Territory, following attacks on some of its personnel over the weekend. Abuja shopping complex SHUT after assault on ...

 Canadian rapper, Drake, has suffered a significant gambling loss after betting $565,000 on Tyson Fury to defeat Oleksandr Usyk. This marks yet another substantial loss for Drake, who has previously lost large sums of money on sporting events. Usyk made ...