An investment banking executive has died after allegedly working a 120-hour-a-week shift on a deal in the Financial Institution Group (FIG) sector. According to Trading View,...
The Central Bank of Nigeria has ordered banks operating in the country to start charging a cybersecurity levy on transactions. A circular from the apex bank...
The naira depreciated further to N1,430 at the parallel section of the foreign exchange (FX) market on Monday. The FX rate represents a 4.38 percent drop...
The Nigerian Electricity Regulatory Commission (NERC) has reduced the exchange rate for calculating the current electricity tariff for Band A customers by 16.03%, from N1,463.3/$ to...
The Competition and Consumer Protection Tribunal (CCPT) sitting in Abuja will today, Tuesday, hear and possibly determine the case against Multichoice Nigeria, a major pay-TV operator,...
The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to implement a 0.5 percent cybersecurity levy on electronic transfers. This is contained...
Ikeja Electric Distribution Company (IE) has announced the reduction of its electricity tariff for customers under Band A from N225/kWh to N206.80/kWh. In a circular signed...
OPay, a Nigerian-based financial technology firm, has warned its customers against using their accounts to facilitate cryptocurrency transactions. The fintech firm, in a statement on Friday,...
The Federal Inland Revenue Service (FIRS) has asked banks to deduct a 0.375 percent stamp duty charge on all mortgaged-backed loans and bonds. Mortgage-backed loans are...
Tony Elumelu, group chairman of United Bank for Africa (UBA), says unemployment is one of the biggest challenges on the continent. Elumelu spoke at the induction...