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Business & Economy

FirstBank partners NIBSS to drive digital payment convenience with Nigeria Quick Response(NQR)

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services organisation has announced its partnership with Nigeria Inter-Bank Settlement System plc (NIBSS)...

FIRS proposes collection of road tax

Cash strapped Buhari administration is considering the introduction of road tax that would target those operating in the informal sector of the economy. Muhammad...

Facebook set to rebrand…insiders tout possible new name

Technology giant, Facebook is set to rebrand, and that is authoritative, according to insiders who prefer to remain anonymous. A former Facebook executive Samidh...

‘I did not call for Naira devaluation, but increase in forex supply’ – Osinbajo

Contrary to the news in the media, Vice President Yemi Osinbajo has denied ever calling for the devaluation of the national currency, the Naira. This...

Uber enters Ibadan and Port-Harcourt

Ride-hailing company, Uber has announced the expansion of its services to two new cities in Nigeria, Port Harcourt and Ibadan. With this move, Uber’s...

FirstBank hosts Fintech summit 5.0, highlights the impact of open banking on financial inclusion

First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider, has announced that the 2021 edition of its annual FINTECH Summit is scheduled...

Tax war: Malami mulls challenging states at supreme court over VAT collection

The federal government will do everything legally possible, including approaching the Supreme Court, to ward off states' agitation for collection of Value Added Tax...

Senate directs oil companies to relocate headquarters to Niger Delta

The Nigerian senate has asked international oil companies (IOCs) operating in the Niger Delta region to relocate their headquarters to their states of operation. The...

Oil price tops $80 per barrel…highest ever in three years

Oil prices continued to surge as Brent crude, global oil benchmark, climbed a three-year high amid increasing demand for the commodity. At 11.25 am Tuesday,...

Federal Government to roll out of 5G network by January 2022

The Minister of Communications and Digital Economy, Isa Pantami, today announced that the Five Generation 5G) network will be available in Nigeria by January 2022. Mr...

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