Monday, March 8, 2021
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How NIRSAL MD, Aliyu Abdulhameed awarded contracts to Gombe state gov’s brother without due process

The ability to eat your cake and have it is a trick only known to some exclusive political midfielders but the Managing Director of...

StarTimes risks winding-up over $11 million debt

A sports and entertainment network, beIN Media Group, has filed a petition in a Hong Kong court seeking a winding-up order against StarTimes, a...

NEXIM eyes N1.2tr balance sheet in 2022

The Nigerian Export-Import Bank (NEXIM) has set a target to grow its balance sheet to N1.2 trillion next year, Managing Director, Abba Bello, said...

Documents expose how NIRSAL MD, Aliyu AbdulHameed, son, allies allegedly siphoned Nigerian farmers N150bn (PHOTOS)

Agriculture is the oldest known profession to mankind, and the most essential factor to the continuous existence of humanity, since humans who drive the...

Niger Insurance settles over N1bn claims in 2019

Niger Insurance Plc said it paid N1.7 billion as claims in 2019. Chairman of the company, Dr Stephene Dike disclosed this at the 50th...

Naira maintains stability at forex market as Reserves stands hits $36.4b

The naira remains stable at the official and parallel markets, with the foreign exchange (forex) reserves standing at $36.4 billion, data from the Central...

Nigeria’s oil revenue price hits $57

Nigeria’s revenue is set to get a boost as crude oil prices continued to rally on Tuesday, hitting the highest level in nearly 12...
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News /


StarTimes risks winding-up over $11 million debt

A sports and entertainment network, beIN Media Group, has filed a petition in a Hong Kong court seeking a winding-up order against StarTimes, a...

Documents expose how NIRSAL MD, Aliyu AbdulHameed, son, allies allegedly siphoned Nigerian farmers N150bn (PHOTOS)

Agriculture is the oldest known profession to mankind, and the most essential factor to the continuous existence of humanity, since humans who drive the...

Niger Insurance settles over N1bn claims in 2019

Niger Insurance Plc said it paid N1.7 billion as claims in 2019. Chairman of the company, Dr Stephene Dike disclosed this at the 50th...

Companies /


AfDB okays $7m for mini-grid programme

The African Development Bank (AfDB) has approved a $7 million grant from the Sustainable Energy Fund for Africa (SEFA) for technical assistance in setting...

COVID-19: FirstBank launches ‘mask up, stay safe” campaign

First Bank of Nigeria Limited has announced its ongoing digital campaign “Mask Up, Stay Safe” as part of its advocacy to encourage everyone to...

OPay targets North Africa after Nigeria success

OPay, a Nigerian , wants to expand its payments service operations to North Africa early next year after breakthrough in African largest economy. Bloomberg reported...

Markets & Economy  /


Naira maintains stability at forex market as Reserves stands hits $36.4b

The naira remains stable at the official and parallel markets, with the foreign exchange (forex) reserves standing at $36.4 billion, data from the Central...

Nigeria’s oil revenue price hits $57

Nigeria’s revenue is set to get a boost as crude oil prices continued to rally on Tuesday, hitting the highest level in nearly 12...

13% Derivation: Abia, Delta, Imo, five others receive N6trn in 11 years – Report

Eight oil-producing states received N6.589 trillion from the Federation Account under the 13 per cent derivation principle, between 2009 and 2019, with little or...

Investing  /


FCMB projects   N3.53bn post-tax profit for Q1 2021

FCMB has forecast its post-tax profit to hit N3.53billion at the end of the first three months of year. In a release the bank sent...

FG signs investment promotion deal with Singapore, Morocco

The Federal Government said it has signed an investment promotion deal with Singapore and Morocco. It also stated that it was in talks with the...

GiTEX 2020: Nigeria Expecting $50m Investment – Pantami

The Federal Government has disclosed that about 50 million dollars foreign investments are already being expected into the economy for the support of various...

Business Education /


Naira maintains stability, exchanges for N474/$

The Naira exchanged to the Dollar in the parallel market at N474/$ on Thursday. The naira which recorded slight improvement in recent days continued to...

Afreximbank sets up $1b AfCFTA facility

AFREXIMBANK has set up a $1billion African Continental Free Trade Agreement (AfCFTA) Adjustment Facility to help member states adjust to the new trade regime...

Sterling Bank partners Lagos Govt on health insurance scheme

Sterling Bank Plc has concluded plans to partner with the Lagos State Government on its push to enrol all residents on a health insurance...

Opinion /


Systematic reopening of the Nigerian economy by the PTF

Eight months later, the arteries of the economy are pumping once again. Airports have reopened, bringing in 5,000 to 7,000 passengers daily. Schools have...

Recession: Nigeria’s Economic Crisis Requires a Political Solution – Kingsley Moghalu

It is no surprise that Nigeria has entered its second severe economic recession in five years since 2015; Kingsley Moghalu writes. According to Dr. Yemi...

Magu: Why FCMB must prove not to be conduit pipe

The melodrama involving Ibrahim Magu, suspended chairman of Economic and Financial Crime (EFCC), Prophet Emmanuel Omale of Abuja-based Divine Hand of God Prophetic Ministries...

Technology /


Tech bridging gap between kids, future, says MTN

MTN Nigeria on Monday said technology has become a tool that is bridging the gap between the kids and the future, positioning them to...

NCC asks Telcos to suspend sale of new Sim Cards

The Nigerian Communications Commission (NCC) has instructed Telcos in the country to halt the sale and reactivation of new SIM cards In a letter dated...

E-Payment transactions hit N111.29tn between January to September 2020

The value of transactions via digital payment platforms – Nigeria Interbank Settlement System Instant Payment System and Point of Sales terminals – rose to...

Jobs & Appointments /


Fidelity Bank Unveils Onyeali-Ikpe As Next CEO

Nnamdi Okonkwo, the outgoing Chief Executive Officer (CEO) of Fidelity Bank, has formally unveiled Nneka Onyeali-Ikpe as his successor to stockbrokers at the Nigerian...

MTN appoints Karl Toriola as CEO MTN Nigeria

MTN Group has appointed Karl Toriola, vice president for MTN Group’s West and Central Africa (WECA) region, as CEO of MTN Nigeria. MTN made this...

JAIZ Bank Plc appoints Sirajo Salisu, 2 others as Directors

JAIZ Bank Plc has announced the appointment of Dr. Sirajo Salisu as an Executive Director with effect from 1st January 2021. It also appointed two...

Lifestyle /


Comedian Craze Clown survives car accident on wife’s birthday

Nigerian Instagram comedian, Emmanuel Iwueke, known as Craze Clown, has narrated how he escaped a car accident that almost cost him his life. The Ukranian...

I was depressed after BBNaija – Alex

Alex Asogwa, a BBNaija season 3 housemate has revealed that the pressure from her celebrity status pushed her into depression after her return from the...

Burna Boy is first Nigerian singer with UK silver album

Popular Nigerian musician, Damini Ogulu, aka, Burna Boy, has become the first Nigerian musician with a certified silver album, “African Giant” in the UK. Burna...

Sports /


Super Eagles end 2020 at 35th in FIFA ranking

The Super Eagles of Nigeria have ended the year 2020 in 35th position in the latest FIFA ranking. According to the list released by the...

Benzema lifts Real Madrid to UCL knockout stage

Real Madrid forward, Karim Benzema netted two goals against Borussia Monchengladbach to send the Spanish club into the Champions League knockout stages. The other two...

UCL: Ronaldo’s Double Outshines Messi At Camp Nou

Five-time World Footballer of the year winner Cristiano Ronaldo scored two goals against Barcelona in a game that ended 3-0 at the Nou Camp. The...