World’s Billionaires Club Lose $70b In One Day

In what has been linked to the economic crisis in Greece and China, fuelled by leveraged investors exiting the market, 97 per cent of...

Indian car maker Mahindra eyes Nigeria, others in Africa’s expansion drive

India’s largest utility and tractor producer, Mahindra and Mahindra, has set up an Africa-focused business unit as it looks to maintain double-digit growth levels...

BVN Mania: Banks Flooded As Customers Hurry To Get Verified

The deadline for the registration of the Bank Verification Number has thrown many customers into a panic. Out of fear that they might not be...

Okonjo-Iweala spent $2.1bn without approval, says FG

The National Economic Council, chaired by Vice-President Yemi Osinbajo, on Monday accused a former Minister of Finance and Coordinating Minister of the Economy under...

BVN Registration Closes Tomorrow As CBN Rules Out Extension

The Central Bank of Nigeria (CBN) has ruled out the possibility of an extension of the deadline for customers to register for the Bank...

Apple Suppliers Start Making iPhones With Force Touch

Apple Inc. has started early production of new iPhone models with a feature called Force Touch, which senses how hard users are pressing down...

NNPC Probe Begins As PMB Sacks Board

President Muhammadu Buhari has dissolved the Board of the Nigerian National Petroleum Corporation with immediate effect. The announcement was made in a statement by the...

Things You Need To Know About BVN

Bank Verification Number, BVN, is a CBN initiative to check fraud in the banking system by giving every customer in the Nigerian banking system a...

Dangote, 6 foreign coys to begin gold, coal mining

The Nigeria Mining Cadastre Office (MCO) says that Dangote Group and six foreign companies are currently raising funds from the capital market to begin...

Dollar scarcity hits banks

Banks are under pressure to meet customers’ foreign exchange (forex) demand amid scarcity of the dollar in the financial services sector. This was the position...

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