Sterling Bank to Raise N27b From Money Market
Sterling Bank has disclosed plans to issue a N27 billion ($88.74 million) bond this year to boost lending. The bank…
More Nigerians Embrace Ponzi Schemes, Bitcoin Despite CBN Warning
Matilda Omonaiye/ Nigeria has continued to witness an increase in Ponzi schemes and investment in bitcoin despite the N18 billion…
CBN: Why the Naira is Getting Stronger
The Central Bank of Nigeria (CBN) has linked the recent appreciation of the Naira against other currencies to the result…
Nigeria Closes Second Round Bidding for Crude-for-Fuel Swaps
Rotimi Morgan/ The Nigerian National Petroleum Corporation’s (NNPC) ended a second of bidding for 2017 crude-for-oil product swap contracts this…
Nigeria’s GSM Subscriber Base Exceeds 155 Million …. MTN Maintains Dominance
Ronke Kehinde/ The number of mobile subscribers in Nigeria rose to 155.06 million in January from 154.53 million the previous…
Telcos Insist on Blocking Access to Facebook, WhatsApp, BBM, Others
Nigerian telecom operators have insisted on their plan to block subscriber access to Over-the-Top (OTT) services, including WhatsApp, imo, Skype,…
ECOWAS to Boost Trade Among Member States
The Economic Community of West African States (ECOWAS) has commenced the standardisation of electronic appliances and other goods to promote…
Zenith Bank Expands Operations in Gambia with Two New Branches
Zenith Bank Plc, which was recently rated among the top 50 global brands, has taken another step towards strengthening its…
Dangote to Invest Massively in Local Rice Production
Dupe Olaoye-Osinkolu/ Afrca’s leading indigenous conglomerate, Dangote Group, is poised to invest heavily in rice cultivation in its bid to…