Business/Economy

Analysts Foresee Naira Stability at N1,500 in H2 2024 CHIGOZIE AMADI Following the recent injection of foreign exchange sales to Bureaux De Change (BDCs), by the Central Bank of Nigeria’s (CBN), analysts have predict that the...

Banks Defy Stiff Competition from Fintechs, Grow Deposits by 63% to N115tn CHIGOZIE AMADI Despite fierce competition from Fintechs, individuals and institutions are increasingly entrusting their funds into the safekeeping and management of Nigerian banks as...

Report: Recovery Costs for Energy, Water Infrastructure Sectors Reach $3m Yearly CHIGOZIE AMADI Sophos,a global leader of innovative security solutions for defeating cyberattacks, has released a sector survey report, titled: ‘The State of Ransomware in Critical Infrastructure...

eTranzact Plans Merchant Acquisition to Boost Operation CHIGOZIE AMADI The Chief Executive Officer, of eTranzact, Plc, Niyi Toluwalope has stated that the company is set to enhance its operational performance by focusing on merchant acquisition and the direct-to-consumer market. He...

N30bn Lawsuit: ARCON Explains Reason for Withdrawal Suit against Meta CHIGOZIE AMADI Contrary to the views in some quarters that the Advertising Regularly Council of Nigeria (ARCON), was compelled to withdraw the N30billion Lawsuit it instituted...

Nigeria Launches Guided Trade Initiative Under AfCFTA for Economic Growth CHIGOZIE AMADI Nigeria has embarked on a historic endeavor with the launch of the Guided Trade Initiative under the African Continental Free Trade Area (AfCFTA), signaling...

Swiftlink to Deepen Financial Inclusion with Payment Services CHIGOZIE AMADI Chairman, Swiftlink Global Services Limited, Alhaji Umaru Abdul Mutallab, has said the company remained committed to supporting the significant achievements in financial inclusion driven by the...

$1trn Economy: IoDCGG, FRC, ICSAN Issue Code of Corporate Governance for Public Sector   CHIGOZIE  AMADI In a bid to boost the federal government’s aim to achieve a N1 trillion economy by 2026, the Institute of Directors Center...

Zenith Bank Retains Position as Nigeria’s Number One Bank By Tier-1 Capital for Fifteen Consecutive Years CHIGOZIE AMADI For the fifteenth consecutive year, Zenith Bank Plc has retained its position as the Number One Bank in...

*Says Nigeria is heading towards difficult debt management situation CHIGOZIE AMADI The Lagos Chamber of Commerce and Industry (LCCI) has lamented that the high yielding federal government’s bonds and treasury bills are drying up funds from...