Tag Archives: Business Gist

Buhari to intensify anti-corruption fight, allocates N17.b to EFCC By Emma Ujah, Abuja Bureau Chief & Michael Eboh The Presidency has proposed a N6.5 billion capital expenditure with which to buy cars, kitchen equipment, feed the animals in the Villa ...

First Bank of Nigeria Limited has increased transfer transaction limits on its FirstMobile Lifestyle app from N500,000 to a maximum daily limit of N1m. The Head, Digital Banking, First Bank, Mrs. Folasade Femi-Lawal, in a statement on Monday said the ...

Bitcoin, the world’s favorite cryptocurrency has surged from $700 to $1135 in the past few weeks. The digital currency has been exhibiting some promising trends this year, in spite of facing drastic setbacks following multiple hacking incidents in 2016. As ...

Chicken consumers in Asaba on Sunday expressed displeasure over the hike in charges for processing the commodity by butchers. A survey conducted by the News Agency of Nigeria (NAN) at the Abraka Market revealed that the price for processing one ...

Press Release No. 16/529 “IMF Staff Concludes Visit to Russian Federation” End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the ...

According to Moses Tule, the Director of Policy of the Central Bank of Nigeria, the on-going economic recession has persisted owing to application of wrong prescription by non-professionals, reports Vanguardngr. His words: “Some came in as doctors into the macro-economic ...

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 ...

If you have invested a fortune in this ponzi scheme particularly in Nigeria using bitcoin or transferring money via your bank account, please stop it from now on or if you have received your first payment, just stop investing please. Be ...

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 ...