The House of Representatives has rejected a motion seeking to suspend the ban on importation of vehicles into the country through land borders. Recall that the...
Internet scammers now target corporate emails and accounts, costing businesses hundreds of millions of dollars in year, a report by cybersecurity firm CrowdStrike has revealed. The...
Minister of Finance, Kemi Adeosun has revealed that N1.6 billion illegal bank charges have been recovered from one of the branches of a commercial bank. The...
By Odunewu Segun More than half of the banks operating in Nigeria have failed the Central Bank of Nigeria anti-money laundering stress test recently conducted by...
The Central Bank of Nigeria has signed a bilateral currency swap agreement with China worth Renminbi (RMB) 16 billion (about $2.5bn). The deal, which has...
Guinness Nigeria Plc has announced the appointment of Baker Magunda as its new CEO. The former CEO, Peter Ndegwa will take a new role at Guinness...
Group Managing Director of Diamond Bank, Uzoma Dozie, the bank’s chairman, Prof Chris Ogbechie, and their counterparts in Union Bank, Heritage Bank, Unity Bank Plc, Keystone...
By Strive Masiyiwa When I first arrived in Nigeria to set up the country’s first GSM mobile network, Econet Wireless Nigeria (now Airtel Nigeria), I had...
The Nigerian Ball-Point Pen Industries Plc. (NIPEN), a manufacturing subsidiary of CFAO Nigeria Plc. has announced a revenue income of N2 billion for its business...
By Odunewu Segun A former deputy governor of the Central Bank of Nigeria and presidential hopeful, Kingsley Moghalu, says the apex bank has lost its independence,...