With less than a year until Nigeria’s banking recapitalization deadline, only seven banks have met or are on track to meet the new capital ...
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Showing posts with label Business News. Show all posts
Showing posts with label Business News. Show all posts
A Celebration of Leadership and Unity: Obinna Amajuoyi's Birthday Bash with Business Luminaries in Ghana
A Celebration of Leadership, Friendship, and Unity: Obinna Amajuoyi's Birthday Bash On the 29th of March 2025, Downtown City Exclusive ...
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Dangote Refinery Reduces Petrol Price to N899.50 for Christmas Holiday
Dangote Petroleum Refinery has slashed the price of Premium Motor Spirit (PMS) to N899.50 per litre, down from N970, in a bid to provide re...
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Lekki Free Zone’s Turnover Hits $5 Billion
Managing Director, Lekki Free Zone (LFZ), Bolatito Ajibode has said about $5 billion has been generated as revenue through the zone, with i...
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The World Bank has approved three new loan requests totalling $1.57bn in financing for Nigeria.
The World Bank has approved three new loan requests totalling $1.57bn in financing for Nigeria. According to a statement released on Monday...
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The Inspiring Journey of Obinna Pascal Amajuoyi, the CEO Binna Group Limited.
The Inspiring Journey of Obinna Pascal Amajuoyi, the CEO Binna Group Limited. Obinna pascal Amajuoyi In the commercial city of Aba, Abia St...
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Tension in the Red Sea: US Redesigned Houthis Terrorist Organisation
The U.S. on Wednesday redesignated Yemen's Houthis as a foreign terrorist organization as tensions continued to escalate in the Red Se...
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Nigerian Banks Set To Launch Compliant Naira Stablecoin In 2024
Following the Central Bank of Nigeria's circular, a consortium of Nigerian banks, fintechs, and blockchain companies are developing a Na...
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Emefiele Pumped ₦10Tn Into Economy through intervention programmes – Governor of the Central Bank of Nigeria Cardoso
The Governor of the Central Bank of Nigeria, Dr Olayemi Cardoso, has said that the apex bank will be asking Deposit Money Banks to increase ...
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OpenAI Employees Ask Board To Quit Or They'll Resign and join Microsoft subsidiary run by Sam Altman
To the Board of Directors at OpenAl, OpenAl is the world's leading Al company. We, the employees of OpenAI, have developed the best mod...
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Visa Application Centres In Abuja, Lagos Remain Open – Canadian High Commission
The Canadian High Commission in Nigeria has confirmed that its visa application centres in Abuja and Lagos remain open to the public. This ...
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Fitch affirms Nigeria’s rating, retains stable outlook on reforms
Fitch Ratings has affirmed Nigeria’s long-term foreign-currency issuer default rating at ‘B-‘ with a stable outlook, citing the reforms bein...
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Nigeria’s Electricity Deficit, World’s Largest -UK Envoy
British High Commissioner to Nigeria, Richard Montgomery said Nigeria has the world’s largest electricity deficit that affects 90 million o...
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Ukraine sets to build grain terminal at Lekki Port
The Ukrainian Ministry of Agrarian Policy and Food in collaboration with Lagos Free Zone, a venture of the Tolaram Group, have signed a Mem...
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IMF Working on A Global Central Bank-backed Digital Currency platform
IMF Working on Global CBDC Platform Concept In a bid to foster efficient and fairer international transactions, the Internatio...
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President Bola Tinubu instruct CBN Governor, Godwin Emefiele to Devalues Naira To 630/$1
The Central Bank of Nigeria (CBN) has devalued the Naira to N631 to the dollar from N461.6 it sold at the Importers and Exporters (I&E)...
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The movement of the nuclear weapons has already begun,” Alexander Lukashenko, President of Belarus declares.
“The movement of the nuclear weapons has already begun,” Alexander Lukashenko told reporters during a summit of the Eurasian Economic Forum ...
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Hilda Baci Breaks Guinness World Record For Longest Cooking Marathon
Nigerian chef Hilda Baci has broken the Guinness World Record for the longest cooking time. Hilda broke the record of 87 hours, 45 minutes,...
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Chairman of Dangote Group, Aliko Dangote Lists The Obstacles To Trade At The Ports In Nigeria
The president of Dangote Group, Aliko Dangote, has revealed that a lot of government agencies, especially at the country’s ports are set up...
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Taiwan, Malaysia Detect ‘cancer-causing’ Substance In Indomie Noodles
Manufacturer protests as Taiwan, Malaysia detect ‘cancer-causing’ substance in Indomie noodles Indofood, makers of Indomie instant noodles,...
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Remo Stars Crowned NPFL Champions for 2024/2025
Remo Stars Crowned NPFL Champions for 2024/2025 In a historic triumph, Remo Stars have emerged as the champions of the 2024/25 Nigeria Prem...
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Remo Stars Crowned NPFL Champions for 2024/2025 In a historic triumph, Remo Stars have emerged as the champions of the 2024/25 Nigeria Prem...