Category: Business

Dec 24
Naira stable at official market

Naira maintained stability against the U.S. dollar at the official market on…

Dec 24
Titan Trust Bank takes over Union Bank

Titan Trust Bank Limited, which barely three years ago won the central bank’s permit…

Dec 24
OPS wants small businesses exempted from higher taxation

Following the Federal Government’s plans to introduce new taxes in 2022, an economist,…

Dec 24
UBA rewards 63 customers in savings promo

United Bank for Africa (UBA) Plc has rewarded 63 of its customers spread across its…

Dec 22
Lagos, Rivers lead as subnational domestic debts hit N4.2tn

The domestic debt owed by state governments and the Federal Capital Territory…

Dec 22
Nigeria imports N13.7tn manufactured goods in nine months

Manufactured goods valued at N13.7tn were imported into Nigeria from January to…

Dec 22
Nigeria loses N499.32bn as Twitter ban hits 200 days

Nigeria’s economy has lost N499.32bn to the shutdown of Twitter since it came into…

Dec 22
Customers groan as cash-strapped banks slash withdrawal limits

Amid a surge in demand for more cash by bank customers as the Yuletide season…

Dec 22
DMO unlocks investment opportunity for Nigerians as it announces fourth Sovereign Sukuk offer

Investors now have a chance to partner with the Government towards the development of…

Dec 22
Olalere hinges business success on market research, collaboration

Group Managing Director, Numero Groups of companies, Omowunmi Olalere, has admonished…

Dec 21
Non-oil exports rise by 205%, hit N942bn in five years

Nigeria’s non-oil exports rose from N458.6bn recorded between January and September…

Dec 21
Nine hydropower projects to add 2,672MW to national grid – FG

The Federal Government has outlined nine completed and ongoing hydropower projects…

Dec 21
Competition by banks, fintechs drive consumer loans up 43% to N1.8trn

Bank customers enjoyed a 43 per cent increase in consumer loans in two years, as banks…

Dec 21
Nigeria spends N1.5trn on raw materials imports in 6 months

Nigeria imported raw materials worth N1.51 trillion in the first six months of 2021…

Dec 21
CBN withdraws $485.4m from external reserves in 17 days

The Central Bank of Nigeria (CBN) has withdrawn over $485.4 million from Nigeria’s…