Naira exchanges at N735 to a dollar
October 5,2022 Naira on Tuesday reversed 0.68 percent of its lost value, gaining N5 per dollar as demand moderated at the parallel market after the one-day public holiday to mark
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Fidelity Bank secures approval for private placement of unissued ordinary shares
Fidelity Bank Plc has secured the approval of its shareholders to issue its unissued ordinary shares by way of the private placement. This was approved at the Bank’s Extra-Ordinary General Meeting
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Bitcoin on the rise, as McDonald’s, Swiss city start accepting BTC for payment
October 5,2022 World’s most popular cryptocurrency, Bitcoin, has been on the rise since McDonald’s, a Multinational fast-food chain, integrated bitcoin into its payment option in Lugano, Switzerland, on Monday. In
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BREAKING: NNPC generates N674bn profit in 2021
October 4,2022 The Nigerian National Petroleum Company (NNPC) Limited has declared a profit after tax (PAT) of N674 billion for the year ended 2021. Mele Kyari, group chief executive officer
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JUST IN: FG sues Meta over unapproved adverts, seeks N30bn
October 4,2022 The Advertising Regulatory Council of Nigeria (ARCON) has sued Meta, the parent of Facebook, Instagram and WhatsApp platforms, for showing unapproved advertisements to the Nigerian audience. In a
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Consumers get N1.12tn bill, pay N775bn amid blackouts
October 4,2022 Consumers get N1.12tn bill, pay N775bn amid blackouts Figures obtained from the Nigerian Electricity Regulatory Commission on Monday showed that power consumers in Nigeria got a total bill
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Nigeria’s crude oil revenue jumps to N11tn
October 4,2022 Nigeria’s crude oil revenue jumped to N11tn in the first six months of 2022, according to the latest data from the National Bureau of Statistics’ Foreign Trade Statistics
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New private investors to buy N11.17bn worth of Fidelity Bank stake
October 3,2022 Fidelity Bank has concluded plans to sell a significant stake in the company to private investors, as the Nneka Onyeali-Ikpe-led company is in need of capital to fund
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Unity Bank, Lagos Food Bank partner to donate food items to Lagos community
September 29,2022 Agric lender, Unity Bank Plc and Lagos Food Bank have donated food items worth millions of Naira to Ogundimu Ilaje, a riverine community in the suburb of Lagos. The donation
Read MoreFG to prosecute Zinox boss, Ekeh, wife over alleged N170.3m fraud
September 29,2022 Nigeria’s federal government has charged Leo Stan Ekeh, chairman of Zinox Group, his wife, Chioma and 11 other suspects to court over alleged N170.3 million contract fraud. On
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