Business & Economy
Union Bank asks A/Court to restrain FCMB from releasing N1.64bn to Union Homes and Aso Savings
Union Bank Plc yesterday asked the Court of Appeal in Lagos to restrain two firms – Union Homes Savings and Loans and Aso ...
Business & Economy
CBN retains interest rate at 11.5% – Report
The monetary policy committee of the Central Bank of Nigeria (CBN) on Tuesday, January 26, 2021, unanimously voted to retain the monetary policy ...
Business & Economy
FIRS generates ₦4.9trn, meets 98% of 2020 target
The Federal Inland Revenue Service (FIRS) has announced a revenue collection for ₦4.9 trillion for the year 2020. The figure represents approximately 98% ...
Business & Economy
FG bans assemblies, overcrowding, others as schools resume Monday
The Federal Government, on Thursday, January 14, 2021, banned overcrowding and large gatherings such as assemblies and visiting days, as schools reopen on ...
Breaking News
BREAKING: Nigeria’s inflation climbs to 15.75%
The consumer price index, (CPI), on Thursday recorded 15.75 percent increase (year-on-year) in December 2020. In its monthly report released on Friday, January ...
Business & Economy
JUST IN: Bitcoin passes $40,000 for first time, doubles in value in less than a month
Bitcoin surged to $40,000 for the first time, doubling in value in less than a month and pushing the total market value of ...
Business & Economy
JUST IN: Onyeali-Ikpe assumes office as MD/CEO of Fidelity Bank
The new Managing Director/CEO of Fidelity Bank Plc, Mrs Nneka Onyeali-Ikpe, whose tenure formally commenced on January 1, 2021, has assumed office, becoming ...
Business & Economy
44,068MW stranded as power sector loses N645.15bn
The cumulative revenue lost by the power sector in 2020 was N645.15bn, while the total quantum of electricity constrained during the period was ...
Business & Economy
NSE reopens trading after Christmas holidays with N167bn gain
The Nigerian Stock Exchange, NSE, reopened trading on Tuesday, December 29, 2020, after the holidays to mark Christmas and Boxing Day celebrations with ...
Business & Economy
BREAKING: Nigeria’s inflation rate hits 14.89% in November as food prices increase -NBS
The National Bureau of Statistics, NBS, in it’s Consumer Price Index November 2020 report which was released on Tuesday, December 15, 2020, disclosed ...