Section
322 stories from 2016 to 2025.
Page 14 of 17
Nigeria's renowned Oil magnate, Femi Otedola reveals that he's finally concluded plans to sell off his "Forte Oil". The billionaira via his verified Instagram handle made this known stating that his next line of…
Shareholders of FCMB Group Plc have commended the Board, Management and Staff of the financial institution for recording another impressive performance in 2018 in spite the challenging macroeconomic and regulatory…
Africa’s richest man and President of Dangote Group, Alhaji Aliko Dangote, has said his refinery, one of the world largest, when completed, will transform Nigeria’s economy. He stated this at the weekend at Dangote…
Fintech is an umbrella term that encompasses the innovative ways technology is used to deliver and transform financial services. From banking to payments to lending, fintech companies are increasingly attempting to…
Today, most banks offer online banking, and you can pay your bills, transfer money, and access a record of your checking account transactions, all from your web browser. Banking from the comfort of your sofa makes…
QuadrigaCX, Canada's leading cryptocurrency exchange company, has said it cannot repay $190m to clients because its founder died with their passwords. Founder Gerald Cotten, 30, died "due to complications with Crohn's…
Nigerian billionaire oil mogul, Femi Otedola is set to sell his 75 per cent direct and indirect shareholdings in Forte Oil. This was revealed by the Nigerian Stock Exchange in a statement on its website on Monday.
Access Bank and Diamond bank are expected to complete a merger within the first half of 2019 as the Central Bank of Nigeria (CBN) has no objection to the potential merger of the two banks. According to the boards of the…
The Federal Ministry of Water Resources has revealed the economic values of the $495 million credit facility the World Bank gave in support of the Transforming Irrigation Management in Nigeria Project (TRIMING). A…
The naira on Tuesday closed at N363.32 to the dollar at the investors’ window while market turnover at the window stood at 51.14 million dollars, the News Agency of Nigeria (NAN) reports. At the official CBN window, the…
The World Economic Forum (WEF) has ranked Nigeria 115 out of 140 countries in its 2018 Global Competitiveness Index. The report was made available to the News Agency of Nigeria (NAN) in Abuja by the Nigeria Immigration…
The Nigerian National Petroleum Corporation has denied the "insinuation that it has in its custody $3.5billion Subsidy fund.” The details of the Subsidy Fund had caused a row on the floor of the Senate on Tuesday. The…
Following the announcement of the withdrawal of operational license from Skye Bank Plc by the Central Bank of Nigeria (CBN) on Friday, the apex bank has assured all customers not to panic as their money with the bank is…
Reports have just emerged that the Central Bank of Nigeria has withdrawn the operating license of Skye Bank. According to TheCable, the Apex bank has revoked the license of the Skyebank to operate and report was made…
World-renowned business magnate and investor, Elon Musk is reportedly under the surveillance of the US Air Force after a podcast video where the PayPal co-founder was captured smoking weed got through the internet.…
One of Nigeria's leading financial institution, First City Monument Bank (FCMB) has extended its support towards youth empowerment by facilitating entrepreneurship training for about 1,000 members of the National Youth…
To boost the development of the small and medium enterprises (SMEs) in Nigeria, MTN has introduced a new LED board in Lekki, to assist businesses to advertise their products for free. The unveiling of the ‘ManintheBox’…
For those that are fond of using Google exchange rate, your calculation might be very awkward now as Google has crashed the exchange rate of dollar to N182.16. It is also worthy of mention that 1 British Pound is…
As Tronc prepares to sell off Los Angeles Times for $500 million, Michael Ferro, Chairman of the Newspaper company has stepped down. Ferro announced his retirement on Monday which took immediate effect. Justin Dearborn,…
Nigerian industrialist, Aliko Dangote has remained the number one richest man in Africa with a net worth of $12.2 billion in the latest ranking by the prestigious Forbes Magazine. This is an increase of $100 million…
