News

The Central Bank of Nigeria has again justified its reliance on the Loan Deposit Ratio to control the country’s rising inflation. The apex bank also said it is ready to...

Changpeng Zhao, the founder of Binance, was given a four-month prison sentence on Tuesday for enabling widespread money laundering on the biggest cryptocurrency exchange in the world. Although the judge...

Coca-Cola announced quarterly revenue and profitability on Tuesday that above analysts' projections as the company's Fanta and Fairlife beverage sales increased. The massive beverage company increased its organic revenue projection...

Mr. Amos Azi, Chairman of the Investments and Securities Tribunal (IST), has hailed the institution as a key organ of government that increases investor confidence and significantly adds to the...

The Lagos State Government approved and disbursed N849,555,000 in scholarships and bursaries to 10,066 students at its educational institutions. Mr Tolani Sule, the Lagos State Commissioner for Tertiary Education, presented...

According to a US media report, Tesla aims to slash hundreds of jobs in addition to a recent company-wide layoff as it cuts expenses in a competitive electric vehicle industry....

Opay, a significant financial services provider in Nigeria, has reassured its customers about the security of their cash in the wake of the Central Bank of Nigeria's (CBN) instruction to...

Nigerian DJ Anuoluwapo Sanni, popularly known as MaskQueen DJ Bella, achieved a historic accomplishment on Monday by breaking the Guinness World Record for the longest live-streamed concert by a DJ,...

Amid tight monetary policy and economic contractions, the loan portfolio of Nigeria's main deposit money banks increased by 57% to N37.17 trillion in 2023, up from N23.68 trillion in 2022....

About $2.4bn out of the claimed backlog of $7bn forex claims were fictitious, the Deputy Governor of Corporate Services at the Central Bank of Nigeria, Mohammed Bello, has said. He...