All posts in: Business

    Banks Direct Staff To Provide Soft Drinks To Customers Over Scarcity Of New Naira Notes

    Following the lingering shortage of new notes showing no sign of abating, thus fuelling anger among Nigerians, some banks in the co...

    Naira drops in value to US dollar at official market

    Naira weakened slightly against the United States dollar at the Investors and Exporters segment on Monday. The local unit depreciated by 67 Kobo or 0.15 per ce...

    Naira appreciates against US dollar at official market, P2P

    Nigerian currency recorded an upward movement against the US dollar at the official and unofficial foreign exchange markets during the weekend. In the I...

    New Naira Scarcity: Man Spends Night At ATM Point To Withdraw (Photo)

    New Naira Notes Scarcity: Man Reportedly Spends Night At ATM Point So He Could Be First Person To Withdraw, IGBERETV reports. ...

    Capital Hotels renames Sheraton Abuja after management faceoff

    Capital Hotels Plc has renamed the Sheraton Hotel, Abuja. Capital Hotels Plc shut down the leisure outf...

    Tingo Foods Targets 12,000 Direct Jobs With Its Multi Billion Naira Food Processing Facility

      Tingo Foods, a subsidiary of Tingo International Holdings Inc, will in coming months decongest the labour market wit...

    Naira loses against US dollar across fx markets, as demand soars

    Naira depreciated against the Dollar at the official foreign exchange (FX) market on Thursday, February 2 amid increased demand for the dollar. The...

    Nigeria’s capital market closes with N142.1bn gain despite sell-off in Guinness, Ardova

    The Nigerian stock market closed on a positive note on Wednesday, with the equity capit...

    MTN Nigeria CEO laments Nigeria’s exchange rate volatility, as firm faces Starlink threat

    As Elon Musk’s Starlink commences operation in Nigeria, the Chief Executive Off...

    Emefiele Has Weaponised The CBN And Is An Enemy Of Democracy - FFK

    Former Aviation Minister, Femi Fani-Kayode, has slammed the governor of the Central Bank of Nigeria, Godwin Emefiele, over the new monetary policy, IGBE...

    Zenith Bank Finally Sends N3.23m to Lady Who Lost N4.039 Million

    A leading Nigerian commercial bank, Zenith Bank has returned N3.23 million to Chiamaka Agim, a Lagos State resident whose N4.039 million was erroneously d...

    NAIRA REDESIGN: Reps threaten to issue arrest warrant for CBN Gov, Emefiele, banks MDs

    The failure of the Governor of the Central Bank of Nigeria, Godwin Emefiele, to appear before the House of Representatives over the ...

    Family Rejects Old Naira Notes As Bride Price In Niger State

    A family in Gbako LGA of Niger State has asked a suitor to take back the old N1,000 and N500 notes he gave as bride price, IGBERETV reports. It was rep...

    Naira falls as dollar demand jumps by $35.96m

    Nigerian currency, the naira once again recorded a poor performance against the US dollar amid a rise in dollar demand. ...

    Naira value drops at official market

    The demand for foreign exchange (FX) at the Investors and Exporters (I&E) market weakened the value of the Naira at the end of last week. On Friday Nigerian currency value...

    Delta highest, as nine oil-producing states earn N1.5trn in 3 years

    Oil-producing states in Nigeria received a total of N1.5 trillion as 13 percent derivation funds between 2021 and 2022. Data released by the Fed...

    Investors cut ties with GTBank, others amid CBN’s N1m sanctions threat

    Investors are cutting ties with Access Bank, Guaranty Trust Holding Company (GTCO) and other firms in the Nigerian banking industry amid the threa...

    37m T-Mobile customers suffer cyber attack, customers’ data stolen

    German telecommunications company, T-Mobile, has suffered a cyber attack that hacked into personal data from 37 million current customers. The ...

    Banks To Pay N1m Fine Daily Over Failure To Collect New Naira Notes - CBN

    The Central Bank of Nigeria (CBN) has said that any commercial bank that fails to pick up the new naira notes for distribution will be fined N1 m...

    Ikpeazu Visits Ariaria Int'l Market, assures Traders of Continued Govt Support

      Governor Okezie Ikpeazu says that the total victory of the PDP in the forthcoming general elections will bring about greater devel...

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