Business

BusinessNews

NTSB begins investigation into Friday helicopter crash, Access Holdings to reveal successor

The American National Transport Safety Board (NTSB) has said possible weather conditions were likely responsible for the helicopter crash that killed Access Holdings...

BusinessNews

“We will Close Borders to Stop Food Shortage”- Kyari

Abubakar Kyari, the Minister of Agriculture and Food & Security, has disclosed that the Federal Government is considering closing the nation’s borders to...

BusinessNews

Ecobank, Sendwave, Others Instructed to Pay Customers Money Sent From Abroad in Naira only

Nigerian banks have commenced the implementation of the Central Bank of Nigeria’s (CBN) revised guidelines on international money transfer operations. These regulations permit...

BusinessNews

NNPC to Transfer Significant Part of its Revenue to CBN 

The Nigerian National Petroleum Company (NNPC) Limited and the Central Bank of Nigeria (CBN) have reviewed their decision to centralize a significant portion...

BusinessOpinion

WHY LESS QUALIFIED PEOPLE ARE DOING BETTER THAN YOU

‎Mara’s article recently got published in a highly-ranked mental health magazine. She shares the news on her LinkedIn, and that is where Sarah,...

BusinessFinance

Why it is Unwise for CBN to Convert Domiciliary Accounts to Naira- Kalu Aja

Over the past couple of days, there have been speculations that the Central Bank of Nigeria (CBN) has plans to convert foreign currencies...

Copper
BusinessNews

Bill Gates and Jeff Bezos-Backed Firm Discovers Massive Copper Deposit in Zambia

KoBold Metals, a California-based metals exploration company backed by billionaires like Bill Gates and Jeff Bezos, has discovered a substantial copper deposit in...

BusinessFinance

CBN Discovers False 2.4 billion FX Backlog

In a recent interview with Arise Television, Central Bank of Nigeria (CBN) Governor Olayemi Cardoso disclosed that 2.4 billion of the $7 billion...

IThis afternoon the national power grid suffered yet another collapse, throwing the entire country into darkness. The collapse was reported to happened around 3 pm, as confirmed by the Enugu Electricity Distribution Company (EEDC).
BusinessNews

Nigeria’s Electricity Grid Collapses Again

Nigeria faced yet another electricity grid collapse on Sunday, plunging several cities, including the capital Abuja, into darkness. The Abuja Electricity Distribution Company...

BusinessLife-Style

Apple’s Vision Pro: Magic or a Mirage?

The Apple Vision Pro made its debut in US Apple stores on Friday, marking the tech giant’s first major release since the Apple...

BusinessFinance

CBN’s Recent Effort to Stabilize Nigeria’s Volatile Exchange Rate: a Policy Overload?

“CBN bans banks and Fintechs from International Money Transfers” “CBN mulls the conversion of 30bn domiciliary accounts to Naira”  “CBN hikes import duty...

CBN Releases Foreign Currency Exposure Guidelines to Curb Insider Trading
BusinessNews

In 24 hours, CBN increased Import Duty by another 4.4%

The Central Bank of Nigeria (CBN) has raised import duty rates by 4.4 percent within 24 hours, causing uproar among importers and Customs...