JUST IN: Okonjo-Iweala Seeks Second Term In Office As DG World Trade Organization
Ngozi Okonjo-Iweala, the first woman and the first African to lead the World Trade Organization (WTO), has officially declared her intention to pursue a second...
Tinubu’s Government Impose N50 Transfer Tax On Every OPay Transactions Above N10,000
OPay has announced the introduction of a one-time fee of N50 for electronic transfers exceeding N10,000 made into both personal and business accounts. This update...
10-Litres Of Fuel Now Higher Than Our Salaries – Filling Station Workers Lament Hardship
Petroleum Filling Station Workers in Nigeria have expressed deep frustration over the fact that, despite multiple hikes in the price of Premium Motor Spirit (PMS),...
BUSINESS: UBA Profit Rises To N757.7 Billion In 2023 From N201 Billion In 2022
United Bank for Africa (UBA) has reported a significant increase in its financial performance for the year 2023. The bank announced a profit before...
‘Recall Of BDCs Into The Foreign Exchange Has Led To Market Stability’ — ABCON Hails Cardoso’s FX Policies
The Association of Bureau de Change Operators of Nigeria (ABCON) says the recall of members into the foreign exchange (FX) market has led to stability...
Just In: Zenith Bank re-appoints Adaora Umeoji as Deputy Managing Director
Zenith Bank Plc has re-appointed Adaora Umeoji as its Deputy Managing Director by board. The announcement was contained in a notice filed with the Nigerian...
CBN, Egyptian Central Bank Sign MOU to establish a Nigeria-Egypt FinTech Bridge
The Central Bank of Nigeria (CBN) and the Central Bank of Egypt (CBE), yesterday, signed a Memorandum of Understanding (MOU) to establish a Nigeria-Egypt FinTech...
Foreign Exchange: Naira, close at N770 per dollar at the I&E window
Nigeria’s legal tender, the naira, closed at N770 per dollar at the investors and exporters (I&E) window on Monday, beginning the week on a fragile...
Breaking: Nigeria’s Inflation Hits 22.41% Following Fuel Subsidy Removal
Following the removal of subsidy on petrol, Nigeria’s inflation rate rose to 22.41 percent in May 2023, up from 22.22 percent in April 2023. This...
Tony Elumelu’s Wife Acquires More Transcorp Shares Becomes 3rd Highest Shareholder Following Otedola’s Exit
Awele Elumelu has bought 2,063,484,991 units of shares in Transnational Corporation making her the second-highest individual shareholder in the business. She now controls 5.076 per...