Following Wednesday’s sale of a total of $150 million through foreign exchange, forex, forwards by the Central Bank of Nigeria, CBN, the naira slightly appreciated at the street market closing Thursday at N444 to the dollar. The naira at the close of the day went stronger than the N454 it …

The Nigerian Bottling Company, NBC, makers of Sprite and Fanta, has been given seven days by the Consumer Protection Council, CPC, to provide detailed information about the composition and all laboratory tests of the two products. The Director-General of the apex regulatory agency, Mrs. Dupe Atoki, who wrote to the …

The Economic and Financial Crimes Commission (EFCC) has said it still has plans to prosecute former Governors who embezzled funds. This was disclosed by the EFCC Zonal Head, South-South, Ishaq Salihu, in an interview on Saturday. Salihu insisted that they would not bow to external pressure in its anti-corruption war. …

Heritage Bank in partnership with Ruby Agu Fitness Trainer is set to promote the well-being and “Timeless Health” of Nigerian women. The Dance Aerobics session, which will be anchored by Ruby Agu, who is a certified Fitness Trainer, Weight Management Specialist and Wellness Blogger, and Tomi Oyesola, Heritage Bank’s Group …

  As part of its corporate social responsibility, Heritage Bank Limited, Nigeria’s most innovative banking service provider, is promoting the country’s rich cultural heritage to the global community through the on-going Big Brother Naija. The Bank said in a statement that the feat was executed by tasking housemates to find …

Today, an unprecedented 65 million people around the world have been displaced due to conflict and disaster, the UN Deputy Secretary-General, Amina Mohammed, has said. Mohammed, who made the remarks at the “Solve at the United Nations” event on Tuesday, also said “there are 21 million refugees”. She said: “Half …

  As shareholders converged for its 4th annual general meeting, Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has reiterated its commitment to deliver outstanding value to clients and stakeholders. The meeting held in Lagos on Tuesday March 7, 2017. Approved by shareholders at the event was the …

Nigerian private sector activity expanded for a second straight month in February, driven by a rise in new business despite a fall in export sales, a survey showed on Friday. The Markit Stanbic IBTC Nigeria Purchasing Managers’ Index (PMI) rose to 52.2 last month after rising to 51.9 in January, …

The Nigerian Deposit Insurance Corporation (NDIC) has declared that an ‎estimated three million Nigerians lost N18 billion in the Mavrodi Mundial Movement (MMM) ponzi scheme. This was revealed in Kaduna on Thursday by the Managing Director of the corporation, Umaru Ibrahim, while speaking at the NDIC day at the ongoing …

As a part of its women empowerment initiative and sustained drive towards showcasing innovative women led technology entrepreneurs, Dangote Group sponsored the “Women in Technology Session” at the ongoing Social Media Week. Speaking at the session, Halima Dangote, Executive Director and daughter of Africa’s richest man, premised Dangote Group’s support …