Business News

Today marks a significant milestone in the African cryptocurrency industry, as Yellow Card (https://YellowCard.io/) becomes the first fintech on the continent to launch PayPal USD (PYUSD). This new stablecoin fromPayPal, issued...

1. NGX to shed N193bn as Union Bank delists  Total value of shares listed on the Nigerian Exchange Limited, NGX, is to drop by N193.7 billion following the delisting of...

The Nigerian-American Chamber of Commerce (NACC) is encouraging Small and Medium Enterprises (SMEs) in Nigeria to leverage technology for optimal business growth during challenging times. The chamber's president, Dame Adebola...

The Nigeria Customs Service, Seme Area Command, said it facilitated N8bn worth of export cargoes from September till date. The Customs Area Controller in charge of the command, Timi Bomordi,...

Airtel Africa Plc has announced that it will pay the interim dividend for the half-year period ended September 2023 to its shareholders who will receive the payment in Naira at...

The Central Bank of Nigeria has announced its intention to extend the validity of the old N200, N500, and N1,000 noted indefinitely. This is as the apex bank declared its...

The Nigerian National Petroleum Company Limited has said the $2.8bn Ajaokuta–Kaduna–Kano gas pipeline project being constructed by Oilserve Limited will be inaugurated next month. Executive Vice President, Upstream, NNPC Limited,...

The Central Bank of Nigeria (CBN) has made a significant announcement, extending the legal tender status of old N200, N500, and N1000 notes from the initial deadline of December 31,...

1. Manufacturers kick against CBN Price Verification Portal  The Manufacturers Association of Nigeria has told the Central Bank of Nigeria to rescind its recently introduced Price Verification System... Read more...

The Federal Government may lose investments worth N183.3bn due to a failed contractual agreement of 25 concessioned public facilities and infrastructure granted to private investors. This new development is coming...