Section
Business
635 stories
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BUA Blames Wholesalers For Preventing Nigerians From Buying Cement Bags For Approved N3500
The management of BUA Cement Company has explained the reasons why its cement was not sold at the promised ex-factory price of N3500 per bag. Although the company…
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Wema Bank Launches MSME Payment Solutions
Wema Bank has announced the re-launched of its suite of Micro, Small and Medium Enterprise solutions designed to provide businesses and customers with a diverse range of seamless…
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Binance Stops Naira Transactions From March 8
Binance Nigeria, yesterday, announced plans to cease all services in naira, the country’s local currency, from March 8, 2024. The cryptocurrency platform announced the decision on its website.…
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We’ve Attracted $30bn Foreign Direct Investment – Tinubu
Nigeria’s President Bola Tinubu says his nine month-old administration has attracted $30 billion Direct Foreign Investment commitments to shore up the Nigerian economy. President Tinubu stated this at…
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Dangote Mulls Setting Up Trading Arm For Lagos Mega Refinery
Africa’s richest man Aliko Dangote is planning to set up an oil trading arm, likely based in London, to help run crude and products supply for his new…
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Bank Of Ghana Suspends GTB, First Bank’s Forex Licences
The Bank of Ghana has suspended the Foreign Exchange Trading Licences of two Nigerian-owned banks, Guaranty Trust Bank Ghana Limited and FBNBank Ghana Limited. The suspension takes effect…
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New Mobile Banking App, MMPSB, Enriches Customers’ Experience
The mobile banking app recently launched by MoneyMaster Payment Service Bank Limited (MMPSB), Nigeria’s leading payment service bank, has been enriching the banking experience of the bank’s customers.…
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Cement Manufacturers Declare N710b Profit
Nigeria’s three cement manufacturers recorded profit of N710.03 billion in 2023 as significant upsurge in sales and considerably higher prices lessened pressures on operations. A sectoral intelligence report…
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ALSCON Requires $500M To Revitalise Aluminum Smelter Plant In Ikot Abasi — MD
The Managing Director, Aluminum Smelters Company of Nigeria (ALSCON), located in Ikot Abasi Local Government Area, Akwa Ibom State, Mr Dmitriy Zaviyalov has said that the company requires…
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Nigeria Has Made Positive Contributions To OPEC – Secretary-General
The Secretary General of the Organisation of the Petroleum Exporting Countries (OPEC), Haitham Al-Ghais, said Nigeria had made positive contributions to the organisation since becoming a member in…

