Business

The Central Bank of Nigeria (CBN) has distanced itself from reported plans to amend the Foreign-Exchange Act to provide for the imprisonment of anyone who holds foreign currencies, particularly the United States dollars, for more than 30 days. The apex ...

The alternative to transfer money online has made life a great deal more advantageous for some individuals. For instance, imagine a scenario in which you’re part the check yet would prefer not to bother the server with independent bills. One ...

Today, Fillippo Amato, Counsellor, Head of Trade and Economics Element of EU, explained that recession couldn’t be addressed with traditional development tools. He explained the recession was a current development that has been as a result of amount of factors, ...

English: When shall we gain our freedom from enslavement? thepanafrican We are tired of being tired worldwide, Marcus Garvey told us that that they are some of us that look like us but do not care about us. Why do ...

Aliko Dangote, Africa’s richest man, is in support of Kemi Adeosun’s stance that Nigeria should not consider obtaining a loan from the International Monetary Fund (IMF). Speaking at the IMF spring meeting in April 2016, Adeosun had desribed Nigeria as ...

Most of those sacked were branch managers and senior staff. A source, said: “There were no signs that such action was contemplated before we proceeded on the Salah break.   But we came in this morning (yesterday) strategising on how to ...

chloescupcakeheaven: So in the wake of the demolition of @nulijuice and other small business trying to make a difference in our economy, we got this marked on our wall today with a lot of officials and soldiers in tow. This ...

The attached picture says it all. Produced in Nigeria by the Anambra Govt. Visit Onitsha and get a bag of rice for just N9000. #BuyNaijaToGrowTheNaira

The Nigerian foreign exchange market recorded an inflow of $309 million on Monday — a considerable surge from Friday’s transactions. Bola Onadele, head of market regulator, FMDQ OTC securities exchange,told Reuters that the trade included one $270 million transaction at ...

Guaranty Trust Bank on Wednesday reported 91.38 billion naira half-year pre-tax profit, more than 63.11 billion declared in 2015.  The leading fintech bank and one of the largest banks in Nigeria announced net interest income of 79.12 billion naira, slightly ...