Business

The Minister of Agriculture and Rural Development, Alhaji Sabo Nanono has signed a Memorandum of Understanding (MoU) on behalf of the federal government with the United States Department of Agriculture (USDA) West Africa PRO-Cashew Project…
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Mr Jelani Aliyu, the Director General, National Automotive Design and Development Council (NADDC) informed the Press of the Federal Government's commitment to establish Automotive Industrial Parks in three states to promote local…
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 At least N5bn was lost to fraudsters by banks in Nigeria in three quarters of 2020, this is according to a released report by the Nigeria Inter-Bank Settlement System (NIBSS)  The NIBSS Insight report on ‘Fraud in the nation's…
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The consumer price index, (CPI) the parameters for measuring inflation increased by 16.47 per cent (year-on-year) in January 2021, indicating a 0.71 per cent increase from the figure recorded in December 2020 (15.75 per cent). The…
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Despite recent order by Nigeria's apex bank to all financial institutions to stop rendering services to cryptocurrency businesses and close all accounts linked with digital currencies, many Nigerians believe the CBN should have focused…
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The Managing Director of the Yomi Concession Company (LCC)  Yomi Omomuwasa, says the total debt of the company stands at N11.6 billion and $31.1 million for both local and foreign lenders respectively.  According to him, he…
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As part of a move to clarify the raging controversies over the recent policy on Cryptocurrency, the Securities and Exchange Commission (SEC) says there is no conflict between the SEC Statement on Digital Assets and their Classification and…
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The Nigerian Stock Exchange (NSE) has hosted the Registrar-General/Chief Executive Officer (CEO) of the Corporate Affairs Commission (CAC), Garba Abubakar to a digital Closing Gong Ceremony  The event which took place on Monday was as…
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On Friday, the Central Bank directed banks and other financial institutions to identify persons and entities operating cryptocurrency exchanges and close all such accounts. The CBN stated that dealing with cryptocurrencies and…
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As parents and guardians battle with the challenges of meeting the educational needs of their children and wards, especially with the resumption of schools, Nigeria's foremost financial institutions, First Bank of Nigeria Limited is set to…
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