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Business & Economy

Oil prices hit 2-year high as OPEC+ agrees to production cuts

Oil prices at the international market rose to the highest level in more than two years on Tuesday. This is coming on the heels...

Breaking: NCC denies asking subscribers to submit phone IDs

Telecom regulator, the Nigerian Communications Commission (NCC) has denied media reports (not Fedredsnews) that it has ordered mobile subscribers to submit the international mobile...

Breaking: Nigeria’s inflation rate drops to 18.12%

From the National Bureau of Statistics came the reports that Nigeria’s rate of inflation dropped to 18.12 percent in April 2021, the National Bureau...

Breaking: Amaechi inaugurates panel to investigate NPA MD’s N165billion fraud

Minister of Transportation, Rotimi Amaechi on Monday inaugurated a committee to investigate allegations of financial impropriety levelled against the suspended Managing Director of the...

NCC signs MoU for deployment of 5G services across Nigeria

The Nigerian Communications Commission (NCC) on Wednesday signed the Memorandum of Understanding (MoU) to begin the deployment of 5G services across Nigeria. TheNewsGuru.com (TNG) reports...

Nigeria’s Fintech giant, Flutterwave named ‘Pioneer’ on TIME’s 2021 list

A Nigerian fintech, Flutterwave, @theflutterwave, has been named a “Pioneer” on TIME’s 2021 list of the 100 Most Influential Companies in the World. In a...

Tayo Amusan’s Persianas Properties emerges prefered buyer of Shoprite business in Nigeria

Nigerian property group Persianas, owned by Tayo Amusan has emerged as the preferred buyer of Shoprite’s business in Nigeria as the South African retailer...

N60bn printed notes: ‘Stop playing the ostrich’, Obaseki advises finance minister

Edo Governor Godwin Obaseki has advised the Minister of Finance, Budget, and National Planning, Zainab Ahmed to wake up and be realistic about Nigeria's...

We are not aware of any printed currency – CBN, Finance Ministry react to Obaseki’s allegation

The Central Bank of Nigeria (CBN) on Monday told The Punch correspondent that it is not aware of the allegation that the apex bank...

FirstBank CEO says technology, innovation critical for post Covid-19 growth

…Thumbs up mobile banking (FirstMobile) and USSD (*894#) platforms Dr Adesola Adeduntan, Chief Executive Officer, First Bank of Nigeria Limited said technology, innovation and enhanced...

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