Category: Business

May 12
“Don’t deposit more than $5k monthly,” banks inform customers

Reports reaching Nairametrics indicate some commercial banks have started sending new…

May 12
Digital ID will help drive financial inclusion – VP Osinbajo

FG to ensure a friendly business environment is created to promote ease of doing…

May 11
Nigeria’s revenue crisis may further worsen as India cuts oil imports by $39.5 billion

The revenue to be earned by Nigeria has come under further threat due to India’s drop…

May 11
Oil market reacts as Colonial Pipeline cyber attack affects prices

WTI oil futures are currently up by 1.34% (WoW) to $65.35 and the Brent oil futures…

May 11
How FG can implement blockchain technology for efficient service delivery

Blockchain technology is an efficient and cheaper platform for governance as it curbs…

May 11
President Buhari meets with heads of security agencies

President Muhammadu Buhari is currently in a meeting with heads of security agencies…

May 11
Investment in Nigeria rises by 75% in Q1 2021

The NIPC attributed the surge in investments to the gradual return of investors’…

May 10
Bitcoin, Dogecoin investors suffer losses in 24hrs as Ethereum gains

Bitcoin and Dogecoin investors suffered losses in 24hours as the two cryptocurrencies…

May 10
MDAs did not remit N3 trillion to Consolidated Revenue Fund in 6 years – Senate

Senate Committee investigations showed that MDAs were operating under illegalities in…

May 10
Dangote Sugar records revenue boost despite inflation and Apapa gridlock

Dangote Sugar has revealed it increased prices in the first quarter of 2021 to…

May 10
FG’s Social Housing: 2000 hectares mapped out in 24 States – Osinbajo

Osinbajo revealed that 17 states have shown interest in the Solar Power Programme, an…

May 06
Abbey Mortgage Bank records N76m in profit for Q1 2021

Abbey Mortgage Bank has recorded a Profit-Before-Tax of N76 million in Q1 2021. This…

May 06
Anyone who defaces naira to be jailed six months —CBN

The Central Bank of Nigeria (CBN) has issued a warning to Nigerians to desist from…

May 06
Tony Elumelu proffers solutions to Nigeria’s power challenges

The Chairman of Transcorp Group, Tony Elumelu has made suggestions on how to resolve…

May 06
Oil price nears $70 mark. Why Nigerians should be worried

On Wednesday morning, Oil prices increased to the highest level for over a month…