Business Trending

Nigeria’s Central Bank Implements Interest Rate Hike Amidst Economic Challenges

In a move to address inflationary pressures and sustain the economy, the Monetary Policy Committee (MPC) of the Central Bank

Business Trending

NNPC Implements Bold Cost-Cutting Strategy: Merges Subsidiaries to Boost Profitability

In a strategic move to streamline operations and enhance profitability, the Nigerian National Petroleum Company Limited (NNPCL) has taken significant

Business Trending

Federal High Court Threatens Arrest Warrant for Suspended CBN Governor Over $53 Million Debt

In a recent development at the Federal High Court in Abuja, the suspended Governor of the Central Bank of Nigeria

Business Trending

Landmark Ruling: Ecobank Ordered to Pay Honeywell Flour Mills N72.2bn in Damages

The Federal High Court in Lagos has delivered a significant ruling, compelling Ecobank Nigeria to pay a staggering sum of

Business Trending

Nigeria’s Inflation Rate Moderately Rises to 22.79% in June 2023, Surprising Analysts

Nigeria’s inflation rate experienced a moderate increase, reaching 22.79% year-on-year in June 2023, surpassing analysts’ expectations. This rise comes amidst

Business Trending

Rising Inflation Triggers Surge in Cement Prices, Alarming Builders Nationwide

In response to soaring inflation rates, distributors nationwide have recently implemented substantial price increases for cement and related products, causing

Business Trending

Access Bank Acquires Standard Chartered Bank’s Subsidiaries in Africa, Expanding Its Presence in the Region

Access Bank Plc and Standard Chartered Bank have announced a significant agreement for the acquisition of Standard Chartered’s subsidiaries in

Business Trending

Central Bank of Nigeria Implements Term Limits for Bank Executives, Aims to Enhance Corporate Governance

The Central Bank of Nigeria (CBN) has announced significant changes to the tenure of bank executives, with a new regulation

Business Trending

Flutterwave Launches Tuition: Revolutionizing African Students’ Education Payments

Africa’s leading payments technology company, Flutterwave, has unveiled Tuition, an innovative payment product designed to facilitate convenient fee payments for

Business Trending

Prominent African Advocate Tony Elumelu Joins King Charles III and President Joe Biden at Climate Finance Mobilisation Forum

Heirs Holdings Chairman, Tony Elumelu, has been invited to participate in the Climate Finance Mobilisation Forum alongside King Charles III