Business
No news is spared in the business world
Naira crashes again, depreciates to N1,615/$ in parallel market
The naira continued its downward trend on Tuesday, falling to N1,615 per dollar in the parallel market, a further slide from N1,610 per...
Anticipation builds as Wema Bank clocks 80 in 8 days
All roads lead to Lagos on May 2nd 2025, when Wema Bank, Nigeria’s oldest indigenous bank, leading innovative bank and pioneer of Africa’s...
Nigeria strengthens trade and investment ties with the United Kingdom
Nigeria’s Minister of Industry, Trade, and Investment, Dr. Jumoke Oduwole, successfully concluded a series of high-level engagements in London, reinforcing Nigeria’s commitment to...
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...
