Business

Following the suspension of fourteen commercial banks from the FOREX market and the re-reinstatement of some banks based on provision of evidence of compliance, some more banks have been re-admitted …

Facebook on Wednesday reported that its quarterly profit surged as its ranks of monthly users closed in on two billion, but warned of rising expenses and slowing revenue growth. The …

Ecobank plans to close branches and cut jobs as the Pan-African lender steps up investments in digital platforms, its chief executive said on Wednesday, May 3, 2017.   Speaking to …

Nigeria appears to be heavily indebted to China just as the nation battles with a massive debt in excess of $60 billion. The Federal Government of Nigeria’ indebtedness to China …

Google and Facebook have confirmed that they fell victim to an alleged $100m (£77m) scam, PM News reports.   In March, it was reported that a Lithuanian man had been …

Residents of the Federal Capital Territory, Abuja last weekend eulogised telecommunications giant, Globacom, as its stress-busting flagship comedy show, Glo Laffta Fest, hit the capital city. The event which held …

The businessmen and women of popular Computer village were thrown into confusion and despair on Saturday, April 29, 2017, as the state government places a 72-hour-notice of demolition at the …

Nigeria’s foreign exchange reserves rose to $30.8bn in April, the highest level since September 2015. The increase could be attributed to a recent rise in global crude oil price, and …

Dr Sarah Alade on Friday retired as the Chairman, FMDQ OTC Securities Exchange following her retirement from the Central Bank of Nigeria (CBN). Alade was the CBN representative on the …

U.S.-based businessman, Mr Charles Ihaza, says he has acquired about 453.9 hectares of land to establish a modular refinery in Eghudu, Ovia North East Local Government Area of Edo. Ihaza …