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Category: Business

Two Years After Listing On NGX, MTN Nigeria To Sell 575m Shares

MTN Group has disclosed that it will sell 575 million shares worth $241.7 million in the Nigerian unit to institutional investors and retail investors. This is the first...

CBN: eNaira more reliable than cryptocurrency

The Central Bank of Nigeria has said that the eNaira is more reliable than cryptocurrencies.     The CBN Director of Corporate Communications, Nnamdi Okwuosa,...

IMF: Nigerian Banks Closed 234 Branches, 649 ATMs Amid COVID-19 Pandemic

The International Monetary Fund (IMF) has stated that Nigerian banks closed 234 branches and 649 automated teller machines (ATMs) in 2020 amid the COVID-19 outbreak....

CBN: eNaira app to roll out for persons without bank accounts

The Central Bank of Nigeria (CBN) will soon unfold an eNaira application for persons without bank accounts to boost financial inclusion.     This was disclosed...

Meta: Facebook changes its company name

The Facebook boss, Mark Zuckerberg on Thursday announced the parent company’s name is being changed to “Meta” to represent a future beyond just its troubled social...

FULL LIST: NNPC okays N620B to take over Major federal roads in Nigeria

The Federal Executive Council (FEC) has given the Nigerian National Petroleum Corporation (NNPC) the approval to deploy about N620 billion of its tax liabilities to 21...

FG Puts Up Ex-Nigerian Minister Diezani’s Bras, Braziers, Waist Trainers, Others For Sale

The Federal Government has begun the process for the valuation and sale of property belonging to the former Minister of Petroleum Resources, Diezani Alison-Madueke which...

Nigeria: Businesses Without Functional Political System Will Collapse – El-Rufai

Governor of Kaduna state, Nasir El-Rufai has stated that there is a disconnect between political and economic elites in Nigeria. This was disclosed on Tuesday in Abuja...

Explainer: Step By Step Guide On How To Download And Operate Nigeria e-Naira Wallet

Easy access on how to download and open an e-Naira Wallet can be accessed below. The platform which was launched by the Central Bank of Nigeria on Monday, called e-Naira...

See The Guidelines For ENaira Platform

Following the launch of the enaira by President Muhamadu Buhari, the application for the digital currency introduced by the CBN has become available for download, with...