Business

The Federal Government has said that it would spend between N269.38billion and N497.13billion on the provision of six million free meters to various unmetered power users across the country. According to the quarterly reports of the…

The Federal Government has blamed the inability of some Ministries, Departments and Agencies (MDAs) to pay staff salaries to the fact that the 2020 Budget was passed into law before the conclusion of negotiation on the new minimum wage and…

The Central Bank of Nigeria (CBN) has said it would  introduce guidelines to assess the level of exposure of banks with international authourisation that are engaging in cross broader expansion. This, it said,  would enable it to monitor…

Nigeria’s external reserves dropped by $50.84 million from $35.75billion as of October 2 to $35.69 billion as of October 12, according to the data obtained from the Central Bank of Nigeria (CBN). The CBN disclosed that the reserves,…

The Nigerian Communications Commission (NCC) has remitted N344.71 billion to the Consolidated Revenue Fund (CRF) in the last five years. Executive Vice Chairman (EVC) of the commission, Prof. Umar Garba Danbatta, said this while briefing…

When it first launched in Nigeria in 2012, Jumia quickly realized just how much work was needed to build a logistics service that could enable its e-commerce ambitions across the continent. Early day e-commerce businesses on the…

Hackers could be able to guess your passwords and much more by analysing your body position whilst on a video conferencing call, experts have claimed. The way people move their shoulders when typing on Zoom calls can betray what keys…

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, will host an SME webinar themed “Rebuilding your Business” by 10am on Tuesday, 10 November 2020 via Zoom meetings.   The event is organised…

The Major Oil Marketers Association of Nigeria (MOMAN) has said the recent fire outbreak at the depot of one of its members, OVH Marketing Limited, would not cause product supply disruptions. MOMAN said, in a statement, on Sunday, that…

Ayodele Olalere A group, the Access to Justice, has described as 'gross abuse of regulatory powers' the decision by the Central Bank of Nigeria to freeze accounts of 20 promoters of #EndSARS protests. The group, in a statement accused…