Business
No news is spared in the business world
Nigerians lose N1.3tn as CBEX digital trading platform crashes
Nigerians took to their various social media platforms to lament their losses after a digital asset trading platform, known as CBEX, allegedly swept...
Japan grants Nigeria $30m for start-up hubs in Abuja
In a major boost to Nigeria’s digital economy, the Japan International Cooperation Agency (JICA) and the Federal Government of Nigeria have signed a...
Guinea woos Nigerian businesses with $20bn mega project
Guinean Ambassador to Nigeria, Siaka Cissoko, has called on businesses and investors in Nigeria to invest in an ongoing mega-project in Guinea worth...
UBA unveils upgraded PoS terminal, revamped MONI App to accelerate digital payments, empower businesses across Africa
United Bank for Africa (UBA) Plc, has unveiled its vastly improved Point of Sale (POS) Terminal as well as the UBA MONI App...
Naira records highest appreciation against dollar despite US tarrif pause
The naira recorded its highest appreciation against the dollar at the official foreign exchange market on Thursday after United States of America President,...
Sterling Bank leads protest for removal of transfer charges
In a landmark move that sets a new benchmark for customer-focused banking in Nigeria, Sterling Bank has championed the cancellation of bank transfer...
CBN reports $23.11bn net foreign exchange reserve
The Central Bank of Nigeria (CBN) has reported a substantial improvement in its Net Foreign Exchange Reserve (NFER) position as of the end...
Wema Bank announces N102.5Bn profit before tax in 2024
Wema Bank Nigeria has released its audited Consolidated Financial Statements for the period ended December 31st, 2024, to the Nigerian Exchange Group (NGX)....
Zenith bank soars above N1Tn in 2024
Zenith Bank Plc has announced its audited financial results for the year ended December 31, 2024, delivering significant growth across key performance indicators....
US imports over 2 million barrels of jet fuel from Dangote Refinery
The growing influence of the Dangote Petroleum Refinery & Petrochemicals is extending far beyond Africa and the Middle East, as the United States...
