Business News

Access Bank Plc,    yesterday, said it will raise Tier 2 capital of $250 million (N90 billion) to strengthen its capital base ahead of its merger with Diamond Bank. Meanwhile...

Chinese tech giant Huawei Technologies appointed Chairman Liang Hua as its acting chief financial officer (CFO) following the arrest in Canada of its CFO, who faces extradition to the U.S....

NIGERIA GDP 2018 CHART The evolution of the online trading industry has been significant in recent years. Indeed, with $5.3 trillion traded on the forex markets each day, it’s hardly surprising...

The Central Bank of Nigeria’s monetary policy of high-interest rates to commercial banks has been listed as part of the reasons Small and Medium Enterprises are not growing. Edo State...

To stem cross border leakages and forestall attendant products price hikes, Managing Director of the Petroleum Products Marketing Company (PPMC), Mr. Umar Ajiya, has enjoined Major Marketers Association of Nigeria...

Donald Trump Donald Trump has renewed threats to impose tariffs on imported cars after General Motors announced job cuts and plant closures. The US President tweeted that tariffs were "being...

Three Nigerian tier-1 banks get new Fitch Rating Fitch Ratings is a global provider of credit ratings and research. Founded in 1913, the company is part of the Fitch Group...

the Disruptor in Chief In what might be the end for stockbroking firms in Nigeria and Africa at large, Veritaseum, a United States-based blockchain technology firm has hinted that the...

CBN CHAIRMAN The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) today retained its key rate at 14 percent, the governor announced. The Committee also retained the...

  Carlos Ghosn Nissan board issued a statement which said the decision to dismiss the two men was unanimous, the chairman and the executive director. The move could potentially test...