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BUSINESS

House of Reps pass bill criminalising estimated billing
26 mins ago

House of Reps pass bill criminalising estimated billing

By  •  BUSINESS, POLITICAL

The house of representatives has passed a bill seeking to criminalise estimated billing in the country, among other things.

The lower legislative chamber passed the bill on Tuesday after considering …
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Transcorp Hotels Plc bids Farewell to Valentine Ozigbo and welcomes Owen Omogiafo as the Managing Director/Chief Executive Officer
1 day ago

Transcorp Hotels Plc bids Farewell to Valentine Ozigbo and welcomes Owen Omogiafo as the Managing Director/Chief Executive Officer

Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation of Nigeria Plc (Transcorp) and owners of the award-winning Transcorp Hilton Abuja and the iconic Transcorp Hotels Calabar hosted a farewell/welcome …
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Report failed e-transactions not reversed within 24 hours to CBN
2 days ago

Report failed e-transactions not reversed within 24 hours to CBN

By  •  BUSINESS, LOCAL

The Central Bank of Nigeria (CBN), said any failed instant payment transaction not reversed into the customer’s account within 24 hours after  complaint by the sender or beneficiary should be …
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NOVA Merchant Bank Rewards Excellence, Promotes One-Third of Workforce
5 days ago

NOVA Merchant Bank Rewards Excellence, Promotes One-Third of Workforce

By  •  BUSINESS, LOCAL

In fulfillment of its commitment to be the best place to work and its policy of rewarding  deserving staff members,  NOVA Merchant Bank has promoted about a third of its …
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UBA Customers Win N30m in Wise Savers Promo, N90m Still Up for Grabs
6 days ago

UBA Customers Win N30m in Wise Savers Promo, N90m Still Up for Grabs

Pan-African financial institution, United Bank for Africa (UBA) Plc has rewarded 20 loyal customers with N1,500,000 each, in the first edition of its quarterly draw for the ongoing UBA Wise …
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CBN and SEC Grant Provisional Approval For Diamond, Access Banks Merger
1 week ago

CBN and SEC Grant Provisional Approval For Diamond, Access Banks Merger

By  •  BUSINESS

The Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) has provisionally approved the merger of Diamond Bank and Access Bank.

Victor Etuokwu, Executive Director (Personal Banking), Access …
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NNPC working to crash price of cooking gas in Nigeria
2 weeks ago

NNPC working to crash price of cooking gas in Nigeria

By  •  BUSINESS, LOCAL

The Nigerian National Petroleum Corporation (NNPC), says it is working to crash the price of cooking gas in the country.

It said this would be done through the implementation of …
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Apple Inc shares tumble by as much as 10%
3 weeks ago

Apple Inc shares tumble by as much as 10%

Apple Inc shares tumbled as much as 10 percent on Thursday after the iPhone maker blamed weak China demand for its revenue shortfall in the holiday quarter, a clear sign …
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First trading day of 2019: NSE loses N134bn, see gainers and losers
3 weeks ago

First trading day of 2019: NSE loses N134bn, see gainers and losers

By  •  BUSINESS

The Nigerian Stock Exchange  (NSE) started the year 2019 on the red side, as the market shed N134 billion on Wednesday.

As at the last trading day of 2018, the …
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Nigeria’s daily crude oil production rises 9%
3 weeks ago

Nigeria’s daily crude oil production rises 9%

By  •  BUSINESS, LOCAL

Nigeria’s crude oil daily production recorded an upward swing of about 2.09million barrels in 2018, translating to a 9 per cent increment, compared with the 2017 average daily production of …
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