Nigeria’s 105-year old financial institution, Union Bank, has launched SpaceNXT, a technological and innovation hub, in Nigeria’s seat of commerce, Lagos. The bank revealed this on...
The Revenue Mobilization Allocation and Fiscal Commission (RMAFC) has finally presented the report of the review of the vertical revenue allocation formula to the President, Major...
The Nigerian National Petroleum Company (NNPC) has paid over $3.68 billion in cash call debt to five oil companies. The payment is part of NNPC’s total...
The Central Bank of Nigeria (CBN) has imposed an N800m fine on three Deposit Money Banks in the country for violating regulations barring customers from transacting...
American global tech payments giant Visa has built an innovation studio in Kenya as it seeks to help Africans develop digital solutions. The multinational financial services...
Nigeria’s debt stock could be in excess of over N50 trillion compared to the N39.56tn reported by the Debt Management Office (DMO). This is according to...
Nigerian currency continues its free-fall to the United States dollars and financial experts have told Nigerians to expect further depreciation as the year progresses. According to...
The Financial Services Regulation Coordinating Committee (FSRCC) has issued a note of warning to Nigerians when making investments. According to FSRCC, Nigerians must always make efforts...
UK investor, Unilever Group, has acquired the tea business of its subsidiary, Unilever Nigeria, through another subsidiary, Unilever Tea MSO Nigeria Limited, a move that will...
Elon Musk has taken a 9.2% stake in Twitter, according to a US securities filing. The news sent Twitter shares soaring about 25% in pre-market trading....