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GET READY FOR THE NEXT EVOLUTION: REDMI 14C IS COMING SOON!

pretty onyi -
Rumors are buzzing about the upcoming Redmi 14C, with hints pointing to a sleek and sophisticated design that maintains Xiaomi's renowned build quality. Expect a...
Business

CBN APPROVES $20,000 FOR ELIGIBLE BDCs AT ₦1,580 PER DOLLAR

pretty onyi -
The Central Bank of Nigeria (CBN) has announced the approval of $20,000 for each eligible Bureau De Change (BDC) at an exchange rate of...
Business

FLUTTERWAVE STRENGTHENS EXECUTIVE TEAM WITH NEW CFO, MITESH POPAT

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Flutterwave, Africa’s leading payments technology company, has announced the appointment of Mitesh Popat as its new Chief Financial Officer. Mitesh Popat brings 20 years of...
Business

AFRICAN COUNTRIES THAT FEATURE CHINESE-FUNDED PROJECTS ON THEIR BANKNOTES

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China’s extensive investment in Africa is prominently showcased on the banknotes of several African countries, reflecting their significant infrastructure contributions. Here’s a look at...
Business

“Kalu Aja: Tinubu’s Actions Fall Short of His Promises on Hardship”

Efiok Ephraim -
Kalu Aja, a financial analyst and educator, has criticized President Bola Tinubu for discrepancies between his public statements and his actions, especially in light...
Business

MUTUAL BENEFITS ASSURANCE PLC CALLS FOR POLICY REFORMS TO BOOST INSURANCE PENETRATION IN NIGERIA

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Mutual Benefits Assurance Plc has expressed concern over the low insurance penetration in Nigeria and has called for policy reforms to increase insurance uptake...
Business

POWER GENERATION PLUNGES NATIONWIDE BY 45.4%, INDUSTRY STAKEHOLDERS CONCERNED

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Nationwide power generation in Nigeria declined by 45.4% to 2,777.04 Megawatts (MW) yesterday, following a peak generation of 5,040.72 MW recorded at the national...
Business

VICE PRESIDENT SHETTIMA INAUGURATES $115M UPGRADE PROJECT AT WEST AFRICA CONTAINER TERMINAL

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Vice President Kashim Shettima officially inaugurated a $115 million upgrade project at the West Africa Container Terminal (WACT) in Onne, Rivers State, on Wednesday....
Business

EXPERT WARNS NIGERIANS ABOUT RISKS IN CRYPTOCURRENCY SPACE

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Alternative finance and cryptocurrency expert, Rume Ophi, has cautioned Nigerians against being influenced by celebrity endorsements or promises of quick wealth. In a statement...
Business

TRADE UNION CONGRESS OF NIGERIA REAFFIRMS COMMITMENT TO WORKERS’ RIGHTS

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The Trade Union Congress of Nigeria (TUC) has reaffirmed its dedication to protecting the rights and interests of Nigerian workers. The TUC pledged to...
Business

CBN REPORTS FIRST EXPANSION IN ECONOMIC ACTIVITIES IN 13 MONTHS

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The Central Bank of Nigeria (CBN) announced that economic activities experienced their first expansion in 13 consecutive months, reaching 50.2 index points in August...
Business

STANBIC IBTC PENSION MANAGERS REAFFIRMS COMMITMENT TO RETIREES’ WELFARE

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Stanbic IBTC Pension Managers has reiterated its dedication to the welfare of retirees and the delivery of quality service. Following the circulation of a...
Business

WIND FALL TAX AS A PATHWAY TO ECONOMIC DIVERSIFICATION IN NIGERIA

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Industry experts suggest that the recently introduced windfall tax could be pivotal in diversifying Nigeria's economy, which has long depended on the oil and...
Business

QATAR AIRWAYS EXTENDS DISCOUNT PARTNERSHIP WITH ACCESS BANK UNTIL DECEMBER 2024

pretty onyi -
In an effort to reduce financial barriers to air travel, Qatar Airways has extended its discount partnership with Access Bank until December 2024. The...
Business

NAIRA DEPRECIATES TO N1,640 PER DOLLAR IN PARALLEL MARKET

pretty onyi -
The Naira depreciated to N1,640 per dollar in the parallel market yesterday, compared to N1,620 per dollar on Wednesday. In the Nigerian Autonomous Foreign Exchange...
Business

Johan Rupert Reclaims Africa’s Richest Title as Dangote Faces $1 Billion Loss

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South African billionaire Johan Rupert has reclaimed his position as Africa’s richest person, surpassing Nigerian industrialist Aliko Dangote. According to the Bloomberg Billionaires Index,...
Business

The Importance of Planning Ahead

pretty onyi -
In Nigeria, there is often skepticism about the value of life insurance. However, the experience of Jewel Okwechime, a customer of Stanbic IBTC Insurance,...
Business

OPay Strengthens Security with Innovative Nightguard Feature

pretty onyi -
In response to rising financial fraud, OPay has introduced a groundbreaking security feature called Nightguard. This new functionality aims to provide enhanced protection for...
Business

₦555M FINE: NIGERIAN BANK RESPONDS TO DATA BREACH ALLEGATION

pretty onyi -
Fidelity Bank has denied allegations made by the Nigerian Data Protection Commission (NDPC) that it breached data protection laws, leading to a fine of...
Business

10 African Countries That First Introduced Polymer Banknotes

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Polymer banknotes, introduced to enhance durability, security, and sustainability, have been adopted by several African countries. Here’s a list of African nations that transitioned...
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