The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have introduced new charges for customers for the Unstructured Supplementary Service Data (USSD) services, effective March 16. This is contained in a joint […]
The Director-General, World Trade Organization (WTO), Dr Ngozi Okonjo-Iweala, has expressed appreciation to President Muhammadu Buhari and Nigerian youths for supporting her candidacy for the WTO position. Addressing State House correspondents after a closed door […]
Crude oil prices traded in positive territory early on Thursday, buoyed by signs of supply tightness with a return of US demand, a weakening US dollar and optimism that president Joe Biden’s USD 1.9trn coronavirus […]
Nigeria’s Vice President Yemi Osinbajo has called for a “robust regulation” of digital currency in the country’s financial system, against the prohibition of this cryptocurrency by the Central Bank of Nigeria (CBN). Prof. Osinbajo, speaking […]
Africa’s biggest economy, Nigeria, has exited recession with its economy witnessing a surprise rebound, recovering faster than expected as the oil price and output increase this year. This development could also point to the growing […]
• WTI crude rose 0.8 percent to $58.44 a barrel • Last month, Saudi Arabia offered voluntary cuts to its oil production by additional 1 million barrels per day Oil prices rose on Tuesday to […]
A customer with the Polaris Bank, Akpakpava branch, Benin, Edo State, Mr Lucky Okunzuwa, has emerged as the first millionaire at the maiden draw of the bank’s ongoing nationwide Save & Win promo. The bank […]
The Central Bank of Nigeria (CBN) has warned commercial banks and other financial institutions to desist from dealing in cryptocurrency, declaring it illegal. It thereby ordered the closure of such accounts in commercial banks with […]
• Record number of crew kidnapped in Gulf of Guinea last year • Regional powerhouse Nigeria takes lead in warding off attacks The world’s biggest shipping company, A.P. Moller – Maersk, has demanded a more […]
As England began a fresh lockdown set to last weeks, the United Kingdom government on Tuesday launched an extra £4.6-billion ($6.3-billion, 5.1-billion-euro) package for virus-battered businesses. “This will help businesses to get through the months […]
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