The World Bank has approved three new loan requests totalling $1.57bn in financing for Nigeria. According to a statement released on Monday, the approval is to...
The naira depreciated to N1,700 per dollar at the parallel section of the foreign exchange (FX) market on Friday. At the end of trading hours, the...
The Central Bank of Nigeria (CBN) has extended the suspension of processing fees on cash deposits for six months. The development comes six days before the...
Meta, the giant tech company, announced on Wednesday the integration of celebrity voices into its artificial intelligence chatbot, Meta AI, in an effort to compete with...
The National Bureau of Statistics (NBS) says the average price of domestic flight tickets in Nigeria rose to N123,700.14 in August. In its ‘Transport Fare Watch’...
Femi Otedola, the chairman of First Bank of Nigeria (FBN) Holdings and majority shareholder, has increased his stake in the financial company to 13.15 percent. Otedola...
The Federal Executive Council is proposing an amendment to the National Identity Management Commission Act No. 23, 2007 to allow for foreigners living in the country...
Investing platform, Risevest today notified users of the shuttering of its virtual card, effective from the 30th of September. In an email sent to users, Risevest...
The United States (US) department of justice (DoJ) has filed a lawsuit against Visa, accusing the company of illegally monopolising the debit card market. In a...
The federal government has approved the increase of the monthly allowance for National Youth Service Corps (NYSC) members from N33,000 to N77,000. The upward review will...