Business

Kizz Daniel’s wife has bagged an endorsement deal just 7 days after the singer disclosed to his fans that they were married The deal is with an automobile dealership. It would be recalled that the musician had stirred reactions online ...

  Newly listed stock, Transcorp Power, its parent company, Transcorp and FBN Holdings were the major drivers of the N194bn gain the market capitalisation of the Nigerian Exchange recorded on Tuesday. The market cap rose by 0.35 per cent to ...

The UICL Project manager, Engr Charbel and ADRON HOMES chairman/CEO, Aare Adetola Emmanuel king and Arch Makinde Northern Nigeria Project director for the construction and development of Snowfall Park and Gardens Jos, Plateau State. In a bid of comfortability.and affordability ...

  In a bid to boost start-up capital and place more resources at the disposal of aspiring young entrepreneurs in Nigeria, retail lender, Unity Bank Plc has increased the prize money for winners of its flagship Entrepreneurship Development Initiative, known ...

Elon Musk announced on Wednesday that his social media company X is considering getting rid of likes and repost figures on posts He made the comment to attendees of the Morgan Stanley Technology, Media, and Telecom Conference. The move, his ...

  Jeff Bezos reclaimed the title of the world’s richest person, surpassing Elon Musk with a net worth of $200 billion Musk’s fortune decreased by $31 billion in the past year, while Bezos gained $23 billion. Bezos’ rise comes as Tesla shares fell over ...

The Economic and Financial Crimes Commission, on Monday, indicted banks as being linked to about 70 per cent of the financial crimes in Nigeria EFCC’s Chairman, Ola Olukayode, disclosed this while speaking in Abuja at the 2023 Annual Retreat and ...

Enugu State Internal Revenue Service (ESIRS) has sealed the Enugu outlets of ShopRite, Spar abd other supermarkets over alleged failure to remit purchase tax in their malls to the government after being served several warning notices   According to the ...

Billionaire businessman, Aliko Dangote, has named the 120km road leading to his refinery in Lagos after the late Group Chief Executive Officer of Access Holdings, Herbert Wigwe, in recognition of his exceptional contributions to the project The announcement was made ...

Qatar Airways has partnered with Access Bank to offer the bank’s customers across Africa discounts on flights. In a statement made available to our correspondent on Friday, it was revealed that the airline would offer a 12 per cent discount ...

  The Managing Director of First City Monument Bank, Mrs Yemisi Edun, has urged accountants to make sustainability accounting the cornerstone of their practices, while calling for transparency. Edun stated this while delivering the keynote address at the Western Zone ...

The Central Bank of Nigeria (CBN) has revoked the operating licenses of 4,173 Bureaux De Change (BDC) operators, citing non-compliance with regulation The CBN invoked its powers under the Bank and Other Financial Institutions Act (BOFIA) 2020, Act No. 5, ...

The crypto trading platform Binance has been slammed with a $10 billion fine by the Federal Government over allegations of influencing the country’s forex crisis The special adviser to President Bola Tinubu on information and strategy, Bayo Onanuga, disclosed this ...

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that foreign exchange backlogs have been cleared in all the banks except for five of them Cardoso said this on Thursday during an investor call facilitated by the ...

  The revenue of indigenous energy firm, Seplat Energy has appreciated by 11.5 per cent in the financial year 2023 to $1.06bn from $951m in the corresponding period of 2022. Based on the Audited results for the period ended December ...

  Financial services firm, OPay, has called on its customers to complete the regularisation of their accounts by linking their Bank Verification Numbers or their National Identity Numbers as mandated by the Central Bank of Nigeria. In a December 1 ...

The Nigerian Communications Commission has said telecommunication companies that fail to comply with the directive to block Subscriber Identity Module cards not linked to National Identification Numbers will face sanctions. The Director of Public Affairs, NCC, Reuben Mouka, told The PUNCH on ...

Kellogg’s CEO Gary Pilnick faces backlash, suggesting poor families opt for ‘cereal for dinner’ amid rising food prices Despite being worth nearly $16 million, Pilnick insists cereal is an affordable and trendy choice for struggling families. Addressing concerns about increased ...

The Federal Government has allegedly detained two senior executives of Binance, a crypto currency exchange company According to a report by Financial Times, both executives flew into Nigeria last week following a ban on their website and were arrested by ...

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says himself and his team are not responsible for the current economic woes in the country He stated this on Tuesday in Abuja at the Monetary Policy Committee (MPC) ...

Mazi Simon Ekpa has announced that Biafrans have voted to establish Biafra digital currency, known as Biafracoin, amid the Naira crisis The Finnish-based lawyer, Ekpa, disclosed this on Wednesday in a statement through his official X handle. The adoption of ...

  Real estate firm, Wemabod, has completed the signing of its ‘Wemabod Financing SPV Limited N50bn Bond Issuance Programme’. Speaking at the signing ceremony, which was held in Lagos, the Chief Executive Officer of Wemabod, Yemi Ejidiran, said the funds ...

  The African Export-Import Bank on Wednesday, disclosed that it has become the largest financier of oil and gas projects in Africa. The bank disclosed investing $30bn in industry projects, with Nigeria receiving 60 per cent despite reduced global funding ...

  FBN Holdings has become the country’s most capitalised bank valued at N1.22tn, topping Guaranty Trust Holding Company and Zenith Bank. At the close of trading on Monday, GTCO’s market cap stood at N1.16tn, and Zenith Bank was N1.11tn. The ...

  The Katsina State Government via the State Governor, His Excellency, Dikko Radda, has aligned with The Alternative Bank’s mission to support rural economies through innovative financial solutions, tailored to empower local businesses and stimulate sustainable development across the state. ...