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Access Bank Launches “YouThrive” Initiative to Empower Nigerian Young Entrepreneurs

Access Bank Plc has launched a “YouThrive” initiative to empower 700,000 youth owned Micro, Small, and Medium-scale Enterprises (MSMEs) in Nigeria with N50...

BusinessNews

Keyamo Denies Claims of Relocating Fire-fighting Simulator to Lagos

The Ministry of Aviation and Aerospace Development has officially denied rumours of relocating a fire-fighting simulator from the Nigerian College of Technology, Zaria,...

BusinessNews

Security Agents in Kogi Intercept 53 Stolen Transformers

Security agents in Kogi State have successfully intercepted a truck transporting 53 stolen electrical transformers intended for electrification projects across the state. The...

BusinessFinanceNews

Nigerian Entrepreneurs Shine in 2024 Swiss-Africa Start-up Competition

The 2024 Swiss–Africa Academia-Industry Training (AIT) start-up competition has crowned twelve winners from Nigeria, South Africa, and Rwanda across diverse sectors like biotech,...

Customs Vehicle
BusinessNews

Customs Gives 90-Day Window for Import Duty Payment on Unsettled Vehicles

The Nigeria Customs Service (NCS) has introduced a 90-day window to regularise import duties on specific vehicle categories. This was conveyed through a...

BusinessNews

Breaking: FCT Residents Loot NEMA Facility for Foodstuffs

Amidst growing economic challenges, residents in the Federal Capital Territory (FCT) have taken matters into their own hands by looting a National Emergency...

BusinessNews

House of Reps Summons Binance CEO to Appear in Nigeria by March 4th

The House of Representatives Committee on Financial Crimes has issued a seven-day ultimatum to Binance Chief Executive Officer, Richard Teng, demanding his appearance...

BusinessNews

CBN Revokes Licenses of Over 4,000 Bureaux De Change Operators

The Central Bank of Nigeria (CBN) has decisively revoked the operational licenses of 4,173 Bureaux De Change (BDC) operators. This information was disclosed...

BusinessNews

FG Mulls Slamming Binance with Fine of over $10 Billion, after Detaining Executives

Special Adviser to the President on Information and Strategy, Bayo Onanuga, has stated that Nigeria may slam Binance with a fine of over...

BusinessNews

Binance Says it will not Pay any fines to Nigerian Government

Contrary to the Nigerian government’s claim of potential $10 billion fines, Binance Holdings Ltd stated on Friday that it is not engaged in...

MTN Nigeria
BusinessNews

MTN Nigeria Records N740 Billion Forex Loss

MTN Nigeria Plc has reported a staggering pre-tax loss of N177.8 billion, starkly contrasting the N518.8 billion pre-tax profit recorded the previous year....

BusinessNews

South African Tycoon Predicts Rebound for Nigeria Amid Corporate Departures

South African billionaire Christo Wiese revealed that Nigeria’s sizable and expanding population presents an irresistible opportunity for businesses despite the recent departures of...