Business

CBN Raises MPR to 16.5%

Agency Report/ The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), on Tuesday increased the country’s Monetary…

2 years ago

CBN Directs Banks to Open on Saturdays

Editor/ The Central Bank of Nigeria (CBN) has instructed commercial banks in the country to work on Saturdays till Jan.…

2 years ago

Twitter to Drop 280 Character Limit for Longer Tweets

Editor/ Elon Musk has confirmed that he will be dropping the 280 character limit on Twitter "soon". The new social media…

2 years ago

Polaris Bank Rewards First Set of Winners in Ongoing ‘Save & Win’ Promo

The first set of 62 winners have emerged in the ongoing Polaris Bank Save & Win promo. The Bank in…

2 years ago

Estée Lauder Nears $2.8bn Deal to Buy Tom Ford

Editor/ Estée Lauder is nearing a deal to buy Tom Ford for about $2.8bn, including debt, beating out competition from…

2 years ago

Sam Bankman-Fried’s $32bn FTX Crypto Empire Files for Bankruptcy

FTX has filed for bankruptcy protection in the US after it was unable to meet a torrent of withdrawals, marking…

2 years ago

Twitter Blue: Signups for Paid Verification Suspended after Impersonator Chaos

Forbes/ Twitter appears to have disabled new signups for its $8 per month subscriptions that allow users to receive a…

2 years ago

New Naira: Nigerian Banks Get N52Bn Cash Deposits in 2 Weeks

Editor/ Barely two weeks after the announcement of plans by the Central Bank of Nigeria (CBN) to redesign some naira notes, about…

2 years ago

Titan Trust Bank Clinches Deal of the Year Award as CEO, Adaeze Udensi Emerges Female Banker of the Year

Titan Trust Bank Limited (TTB) and its Managing Director/CEO, Dr. Adaeze Udensi, were honoured at the 2022 edition of the BusinessDay…

2 years ago

Naira Redesign: CBN Limits Cash Deposits for Individual Accounts

Editor/ Central Bank of Nigeria (CBN) has directed that individuals can only deposit N5 million for new accounts and N50…

2 years ago