The Central Bank of Nigeria (CBN) has secured a court injunction to freeze the bank accounts of four financial technology (fintech) firms for operating as asset management companies without a …
FEATURED NEWS
-
-
FEATURED NEWSSpotlight
Facebook, TikTok won’t lift ban on posts that promote Taliban after the fall of Afghanistan
Facebook and TikTok said Tuesday they won’t lift bans on content that promotes the Taliban after the group took control of Afghanistan. The social media giants told CNBC they consider …
-
LG Electronics (LG) Home Appliance & Air Solution Company has opened a new online showroom, LG HVAC Virtual Experience, as consumers and businesses have looked to online recourses to help …
-
Adidas has struck a deal to sell underperforming sneaker and sportswear brand Reebok to Authentic Brands Group for up to €2,1bn ($2,46bn), as the German sporting goods company concentrates on …
-
Business PoliciesFEATURED NEWSWestern Africa
FG hikes vehicle number plate, driving licence rates by 50%
The federal government has reportedly begun the implementation of new rates for vehicle number plates and driving licences across the country. The Joint Tax Board (JTB) explained that Nigerians will …
-
Business mogul, Aliko Dangote, is the only Nigerian to make a list of 500 billionaires published by Bloomberg Billionaires Index on Tuesday. The index which was updated by the close …
-
FEATURED NEWSSpotlightWestern Africa
WEMA Bank expands long-term business agreement with Network International
WEMA Bank Plc., one of Nigeria’s oldest financial institutions, has renewed and expanded its long-term business agreement with Network International the leading enabler of digital commerce across Africa and the …
-
Foreign Minister, Geoffrey Onyeama, has summoned the Indonesian Ambassador to Nigeria over an alleged assault on a Nigerian Diplomatic Agent in Jarkarta, Indonesia. Onyeama in a statement in Abuja said …
-
After posting its most recent earnings “beat”, Tesla is taking on two starkly different strategies for its U.S. and its China business. In the United States, the automaker is raising …
-
With over 7000 cryptocurrencies out there in the market, the total cryptocurrency market capitalization is estimated to be approximately US$1.3 trillion. The market cap which started at $1.41 trillion in …