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Business & Economy

Naira has risen again…

From its shameless performance against the major foreign currencies, particularly the America dollar, Nigeria's national currency, Naira, has appreciated from its worst performance ever...

Hackers breach banks and telcos in 16 countries, steal $11m. Nigeria among.

At least 16 African banks, financial services, and telecommunication companies have been attacked by a French-speaking cyber criminal named OPERA1ER, which has stolen at least...

Buhari congratulates FirstBank on 40 years of cross-border banking in UK

President Muhammadu Buhari has congratulated the Board, Management, and Staff of First Bank of Nigeria Limited (FirstBank) for cross-border services through FBNBank UK in...

Communications regulator, NCC alerts Nigerians against harmful ‘Mobile Apps Group’

The Nigerian Communications Commission’s Computer Security Incident Response Team (NCC-CSIRT) has advised against the installation of apps from the offending publisher, the ‘Mobile Apps...

MTN, Airtel, others to collect Value Added Tax on behalf of FIRS

The Federal Inland Revenue Service (FIRS) ha appointed telecom giants, MTN, Airtel, as well as money deposit banks in Nigeria to withhold Value Added...

Naira depreciation will not significantly affect the health of Nigerian banks – Fitch

Fitch Ratings, a US-based credit rating agency has assured that Nigerian banks can withstand the current depreciation of the naira.  Fitch disclosed this in a...

Trapped Funds: Emirates to suspend flight operations to Nigeria

''Without the timely repatriation of the funds and a mechanism in place to ensure that future repatriation of Emirates’ funds does not accumulate in...

Addax, NNPC resolves conflict over oil blocks

Addax Petroleum has exited four Nigeria oil blocks OMLs 123/124, 126/137 as the Nigerian National Petroleum Company Ltd on Tuesday signed a Memorandum of...

FCMB boss, Yemisi Edun, confers with Fellowship of Chartered Institute of Bankers

The Chartered Institute of Bankers (CIBN) has conferred its Fellowship award on the Managing Director of First Monument Bank (FCMB), Mrs Yemisi Edun. The Fellowship...

Sanlam Nigeria hosts stakeholders’ fora

“What I love about Sanlam is, they do not just promise, they also deliver. The company gives me peace of mind because they are...

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