Business

People’s Bank of China injects $7b to revive economy

People's Bank of China(PBoC) on Monday cut interest rate on loans to banks by the largest margin in five years,…

7 hours ago

COVID-19: Ecobank commits N100m to National Radio Campaign

Ecobank Nigeria says it is committing about a hundred million naira to drive its National Radio Campaign “StaySafeNigeria”, being part…

19 hours ago

AfDB launches record breaking $3 billion “Fight COVID-19” Social Bond

The African Development Bank (AfDB) has raised an exceptional $3 billion in a three-year bond to help alleviate the economic…

3 days ago

UBA puts down N5bn to battle Coronavirus in Africa

The United Bank for Africa, UBA, has said it would provide N5 billion (U$14 million) to the COVID-19 Relief Support…

4 days ago

Coronavirus: Max Air, Air Peace, Dana Air, Arik suspend flights

Max Air Transport Company said it will suspend its domestic flights from 27 March to 12 April for the safety…

5 days ago

Sexual issues: I have more female customers than male – Ovite

It is a common belief in Nigeria, and indeed, the world that men have sexual problems than women.

5 days ago

Crude oil prices inch up after U.S. record $2 trillion stimulus

Crude oil prices went up at trade opening on Wednesday with optimism that the $2 trillion aid package to stimulate…

5 days ago

Bitcoin business needs government support – Odum

Odum Chijioke John, the Founder and Chief Executive Officer of Chiji14xchange, a leading Nigerian e-commerce company in the business of…

5 days ago

Aero Contractors suspend flights over coronavirus

Aero Contractors on Tuesday suspended all their flights for two weeks, beginning from 26 March.

6 days ago

Coronavirus: Nigerian Businesses Need To Position Themselves – Sogunle

Nigerian businesses need to prepare and brace themselves for a highly challenging period ahead as the coronavirus pandemic disrupts day-to-day…

6 days ago

Coronavirus: Mediacraft issues work-from-home order

Nigeria’s Public Relations firm, Mediacraft Associates, has directed all its staff to begin working from home in view of the…

7 days ago

COVID-19: Price of sanitisers, face mask, chloroquine soars in Onitsha

Demand for face masks, hand sanitizers and Chloroquine have skyrocketed at the Onitsha Drug Market in Anambra, following reported cases…

1 week ago

UBA Plc, affiliated companies cancel AGMs

United Bank for Africa (UBA Plc), Transcorp and all affiliated companies have announced the cancellation of their 2019 Annual General…

1 week ago

Updated: Oil prices regain some ground but still very low

Oil prices regained some ground in volatile Asian trade on Monday, but remained at multi-year lows due to the double…

1 week ago

COVID-19: MTN orders staff to work from home

As part of the precautionary measures to stop the spread of COVID-19 (Coronavirus), MTN Nigeria has directed its team to…

1 week ago

Union Bank asks some staff to work from home

The Union Bank of Nigeria Plc said on Sunday that some of its workers would work from home from Monday…

1 week ago

Coronavirus: MTN staff to work from home

MTN Nigeria on Sunday said its team would start working from home as part of the precautionary measures to stop…

1 week ago

Oil prices continue free fall, may plunge below $20

Oil prices fell more than $1 a barrel at the start of the trading session early Monday, as demand outlook…

1 week ago

Eko Hotel shut over threat of Coronavirus

Eko Hotels and Suites, Victoria Island was on Sunday shutdown  by the management over threat of the deadly Coronavirus.

1 week ago

Lagos shuts 32 illegal pharmacies, patent medicine stores

Lagos State Taskforce on Counterfeit, Fake Drugs and Unwholesome Processed Foods has shut 32 pharmacies and patent medicine stores for…

1 week ago

CBN’s Naira devaluation attracts kudos, knocks

The devaluation of Nigeria's currency ''Naira'' has met with a series of reactions from analysts.

1 week ago

Fuel price: NOGASA commends Buhari

Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) has lauded President Muhammadu Buhari for reducing fuel pump price from…

1 week ago

CBN says it has only adjusted Naira price, not devalue it

The Central Bank of Nigeria has reacted to news it has devalued the Naira by as much as 15 percent,…

1 week ago

Buhari commended for fuel pump price reduction

Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) has lauded President Muhammadu Buhari for reducing fuel pump price from…

1 week ago

Keystone Bank appoints Olaniran Olayinka as Acting MD/CEO

Keystone Bank Limited has announced the appointment of Mr. Olaniran Olayinka as the Bank’s Acting Managing Director/CEO, subject to approval…

1 week ago

Massive price slash as Jumia Nigeria announces Tech Week 2020

Jumia Nigeria has announced a price slash offer for customers in its upcoming Tech Week campaign which is scheduled to…

1 week ago

Emirates Airline suspends flights to Nigeria, New York, France, Germany

Emirates, one of the world’s biggest international airlines, is suspending all flights to Nigeria, France, Germany, New York and New…

1 week ago

Naira devalued as CBN seeks exchange uniformity

The Central Bank of Nigeria may have devalued the Naira by as much as 15 per cent as it seeks…

1 week ago

BOI raises €1bn to boost SMEs, others

The Bank of Industry (BOI) has raked in €1 billion from international capital market to boost Small and Medium Enterprises,…

1 week ago

“Business now at a standstill”: Lagos hoteliers decry low patronage

The Lagos Hoteliers Association (LHA) on Friday decried low patronage in hotels, attributing it to people’s reaction to the spread…

1 week ago