Nigeria has recorded its highest inflation rate since October 2016. The consumer price index, according to the National Bureau of Statistics (NBS), rose to 13.22 percent in...
Hundreds of drivers operating under cab-hailing platforms, Uber and Bolt, have threatened to embark on strike. The drivers made the threat in the early hours of today (Monday,...
When the Dangote Refinery finally kicks off its much-awaited operations, it will sell its petroleum products at international prices. This is according to Zainab Ahmed, the Minister...
Nigerian airline, Arik Air has on Monday, September 14, 2020, been shutdown nationwide. NAN reports that aviation unions including – National Union of Air Transport Employees (NUATE) and Air...
Yesterday (Thursday, September 10, 2020), Newsrand reported that some banks’ Chief Executive Officers (CEOs) resigned from the executive board of the Nigerian Economic Summit Group (NESG). The bank...
North African country, Egypt is considering the exportation of 10GW of surplus electricity to Europe, particularly Greece and Cyprus. This development emerged as Egypt’s sovereign wealth fund obtained...
The Nigerian National Petroleum Corporation (NNPC) has disclosed why all oil refineries in the country have been shutdown. Speaking on behalf of the state oil company, Mele...
The Central Bank of Nigeria has said that it will resume sales of foreign exchange to operators of Bureau de Change (BDCs) from Monday, September 7,...
Any attempt to imagine Fidelity Bank without an accompanying image of Nnamdi Okonkwo is a daunting task for many people. Since 2014, both Fidelity Bank and...
Ecobank Nigeria has launched an Application for Businesses. Known as Omni Lite App, it is targeted at enhancing the banking experience of its large pool of...