Business

Successful pitches to get up to N3,000,000 each Scheme has 3-month moratorium Application opens May 10

Management of Dangote Cement Plc has clarified that the price of a bag of cement from its factories and plants across Nigeria (as at 12th April, 2021) is N2,450 in Obajana and Gboko, and N2,510 in Ibese inclusive of VAT. The…

Peradventure you (or anyone around u) lose a phone, here is a guide to prevent financial losses. The thieves steal victims' money from their bank accounts using USSD. So in case anyone loses phone around you, quickly help deactivate…

South African Company, Shoprite Holdings Limited has revealed that it is ready to conclude the sale of its Nigerian outlets, and that is expected to be done by the end of the year. Shoprite made this known in its latest financishopriteal…

After 48 hours of blocking MTN customers from banking channels including the Unstructured Supplementary Service Data and banking apps, commercial banks on Sunday have reconnected MTN customers to banking channels. It was gathered that…

MTN customers in Nigeria now have alternative electronic payment platforms to recharge their phones as the mobile network operator on Saturday announced that customers can recharge airtime through payment solutions platforms such as…

In recent times, there has been a lot of outcry with regard to cryptocurrencies. These outcries are usually from the government who believes that these digital currencies possess a risk. The Federal government has an active ban on…

A few days ago, telecom mobile operators withdrew the USSD shortcode service bank from their platform which means customers would have huge challenges in carrying out financial transactions via the USSD platforms. And now, Nigerians will…

The Central Bank of Nigeria (CBN) has announced a “Naira 4 Dollar Scheme” – an incentive for senders and recipients of international money transfers. The Apex bank made this known in a circular to international money transfer operators…

The Friends Of Prof" Announce The 2021 Empowerment Programme Of The March 8th Initiative; Winners To Get N100,000 - N1,000,000 Each.

Nigeria’s Securities and Exchange Commission, SEC has said it has put on hold plans to regulate cryptocurrencies in the country. “For the purpose of admittance into the SEC regulatory incubation framework, the assessment of all persons…

Ecobank Nigeria has launched a feature that allow its customers to transfer money via email, SMS and Whatsapp – which are new features available on the bank’s Mobile App. Ecobank customers can now transfer cash without the beneficiary’s…

The Nigerian Senate on Thursday directed the the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele to appear before its Committees on Banking, Insurance and Other Financial Institutions, ICT and Cybercrimes, and Capital Market to…

According to a member of the Monetary Policy Committee (MPC), the Central Bank of Nigeria (CBN) has not stopped any individual from dealing in cryptocurrency. Recall that the Central Bank of Nigeria (CBN) has ordered banks in the country…

The Central Bank of Nigeria, CBN, has ordered Deposit Money Banks (DMBs), Other Financial Institutions (OFIs) and Non-Bank Financial Institutions (NBFIs) local financial institutions against having any transactions in crypto or facilitating…

The Steering Committee of the MSMEs Survival Fund and Guaranteed Off-take Stimulus Scheme chaired by the Honourable Minister of State, Federal Ministry of Industry, Trade and Investment, Amb. Mariam Y. Katagum, wishes to announce the…

The payment for the beneficiaries of the FG MSME survival fund payroll scheme started on October  26, 2020 after its application ended on the 15th of the same month. Following the success of the program, the Buhari-led administration has…

According to the Data obtained from the Federal Ministry of Power on Friday, about N20.5bn revenue was lost by Nigeria’s power sector between January 1 and 22, 2021, as operators in the business complained that energy was still being…

The Central Bank Of Nigeria, CBN has advised all Deposit Money Banks (DMBs) accredited Cheque Printers/Personalised, and the Nigeria Interbank Settlement System (NIBSS), to educate their customers on the revised cheque book, introduced…

The Central Bank of Nigeria (CBN) has announced its plans to release about 300,000 metric tonnes of maize into the market by next month. This move is anticipated to crash the price of maize in the market and make it more available and…