The Naira to Dollar exchange rate in the black market is usually higher than the official rate by the Central Bank of Nigeria (CBN). It […]
Category: Business
Business reports.
PHOTO: Ice pellets destroy over 300 farms in Katsina
The Chairman of Kafur Local Government Area in Katsina State, Alhaji Garba Kanya, has confirmed that a heavy down pour accompanied by ice pellets has […]
You’ll no longer be able to use your Naira card for foreign payments — Union Bank tells customers
Union Bank of Nigeria (UBN) has notified its customers that starting August 1, 2022 they would be unable to make international transactions using their Naira […]
Old monies: Richest Nigerians of the ’60s, family and source of wealth
Before the emergence of Dangote, Africa’s richest man, Nigeria has never lacked wealthy men and women. The epitaph, ‘giant of Africa’ was said to have […]
Can Jumia products be trusted?
E-commerce has been one of the trendy places in recent times where people purchase anything they need online. The purchased products are then delivered to […]
‘I better pass my neighbour’: Customs seizes smuggled generators, rice
The Nigeria Customs Service (NCS), Federal Operations Unit (FOU) Zone A, on Thursday said it had intercepted 42 units of smuggled tiger generators. The Customs […]
Top 5 big Nigerian companies owned by Igbo businessmen
The Igbos are known for their dominance in different businesses and industries. The outstanding ones with big companies are listed below in no ranking order: […]
MTNN public offer oversubscribed by 139.47%
MTN Nigeria Communications (MTNN) Plc has announced that its first public offer for sale of 575 million shares recorded an oversubscription of 139.47 per cent. […]
Union Bank: Enough of new generation banks acquiring older ones ― Shareholders
Some shareholders on the Nigerian Exchange Ltd (NGX) said that new generation banks are setting the pace in the financial industry with Titan Trust Bank […]
Yuletide: Nigerian banks announce early closure
Some Nigerian banks have announced the early closure of their branches in preparation for the Christmas celebration. Guarantee Trust Bank (GTB) in a statement shared […]