BUSINESS

Former CBN Governor, Sanusi and Osinbajo disagree on devaluation

Yemi Osinbajo, Nigeria’s Vice President, on Saturday reiterated the position of the Federal Government on devaluation of the naira, stating that the currency would not be devalued. However, a former Central Bank of Nigeria (CBN) Governor, Joseph Sanusi, replied that ...

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Jovago partners MTN to provide affordable hotels to subscribers

Hotel booking portal, Joavgo.com and mobile telecommunications company, MTN have entered a  partnership which will deliver to MTN’s Music+ subscribers’ discounts worth 20% OFF on all hotel booking around the country, as a means to providing affordable, convenient and easy ...

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GTBank applauds world class play at 2016 Lagos Polo

Following a successful two-week of exciting polo, music, fashion, champagnes and cocktails, the 2016 NPA Lagos International Polo Tournament came to a grand close on Sunday 21st February 2016 at the Lagos Polo Club, Ikoyi, Lagos. From thrilling performances by ...

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Naira now N364 to a dollar at parallel market

The naira gained N6 on Tuesday, as it traded at N364 to the dollar at the parallel market. The News Agency of Nigeria (NAN) reports the naira exchanged at N370 to one dollar on Monday. Mr. Buhari had on February ...

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Supersport introduces two new sport channels in Nigeria

MultiChoice, operator of Direct-To-Home satellite television (DSTV), has launched two new sport channels for Nigerian subscribers, SuperSport 11 (DStv channel 211, Nigeria: channel 231) and SuperSport 12 (DStv channel 212, Nigeria: channel 232). As revealed on SuperSport.com the two new ...

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Businesses will start shutting down in the next four weeks

CEO of Honeywell Flour Mills, Babatunde Odunayo, has stated that many companies in Nigeria will begin to shut down over the next four to six weeks. In an interview with CNBC Africa, he revealed that it was not the best ...

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UBA Earns ISO-IEC 20000-1: 2011 Certification

Pan African financial services group, United Bank for Africa (UBA) Plc has earned the prestigious ISO/IEC 20000-1: 2011certification from the British Standards Institution (BSI). The certification which was awarded to UBA after a process and systems audit, recognizes businesses that ...

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GTBANK ANNOUNCES FINAL TENDER RESULTS

Guaranty Trust Bank plc has announced the expiration and final tender results of the any and all cash tender offer (the “Tender Offer” or “Offer”) with respect to the U.S.$500,000,000 7.50 per cent. Notes due 2016 (the “Securities”), which Securities ...

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I lose at least $1million yearly serving Nigeria, God is directing me

Ibe Kachikwu, minister of state for petroleum resources, has revealed that his acceptance to serve the country cost him “at least a million dollars every year”. Speaking in Abuja on Sunday, Kachikwu said although his former job was more rewarding ...

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Food business is now the biggest in Nigeria

In the face of crashing oil price in the global market, Nigeria’s Minister of Agriculture and Rural Development, Chief Audu Ogbeh, during his tour of agricultural projects backed up by Kano State government, called on state governors in the country ...

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