The United States Federal Reserve (Fed) has raised its interest rate by 50 basic points — the biggest hike since 2000 — in an effort to...
Airtel Africa Plc says it has receieved final approval from the Central Bank of Nigeria (CBN) to operate as a super agent. Super agents are companies...
The Central Bank of Kenya (CBK) has directed commercial banks in the country to ration dollar sales following a shortage of the US currency. The apex...
The Advertising Practitioners Council of Nigeria (APCON) says it will sanction Sterling Bank over a controversial Easter ad likening the resurrection of Jesus Christ to Agege...
It’s becoming commonplace that women now go on low-cut. That, usually was not the case, even a decade ago. The pride of a woman used to...
Elon Musk, the billionaire founder of Tesla Inc., has bought a 9.2 percent stake in Twitter. According to a document filed with the US Securities and...
A federal high court in Lagos has dismissed a suit challenging the legality of the Central Bank of Nigeria (CBN)’s cashless policy. Akintayo Aluko, the presiding...
Bakers under the aegis of the Premium Breadmakers Association of Nigeria (PBAN) say the hike in diesel price and exchange rate volatility has caused many of...
The monetary policy committee of the Central Bank of Nigeria (CBN) has retained the monetary policy rate (MPR), which measures interest rate, at 11.5 percent. The...
African Development Bank (AfDB) says it has secured $15.6 billion for the construction of the Lagos-Abidjan highway corridor to ease transportation across West Africa. Akinwumi Adesina,...