Category: Business

Red Cross and Tony Elumelu Foundation partner to empower 200 Nigerian entrepreneurs

The International Committee of the Red Cross (ICRC) and the Tony Elumelu Foundation (TEF) signed a memorandum of understanding Monday to empower 200 entrepreneurs from...

Central bank inaugurates financial inclusion committee in Kano

Kano State Secretary to the State Government, Alhaji Usman Alhaji, has inaugurated the financial inclusion state steering committee at Central Bank of Nigeria, Kano...

NAICOM announces rates for compulsory classes of insurance

The National Insurance Commission (NAICOM) as part of efforts to curb the increasing challenge of rate cutting in the industry on Monday released approved rates for...

President Buhari to commission new AfDB building

Nigeria’s President, Muhammadu Buhari, will commission the new office complex of the African Development Bank in Abuja on January 18, 2018, consolidating the...

Dangote retains Africa Richest man for 7th year

Aliko Dangote, President and Chief Executive of Dangote Industries Limited, has been adjudged the richest man in Africa by Forbes. Mr. Dangote, ranked Africa’s richest...

CBN warns against investing in cryptocurrencies

The Central Bank of Nigeria has warned Nigerians and financial institutions to stay away from bitcoin and other digital currencies. The apex bank said the virtual...

No plans to hike fuel price – Ibe Kachikwu

The Minister of State for Petroleum Resources, Emmanuel Ibe Kachikwu, has denied news reports that the federal government was planning to jack up the pump price of...

Chief of staff lies on subsidy – Senate

The Senate has said claim allegedly made by the Chief of Staff to the President, Mallam Abba Kyari, during a meeting with stakeholders in the oil industry on the...

India, Thailand risk landing on currency manipulator watchlist

India and Thailand may have to give freer rein to the rupee and baht this year to avoid triggering US accusations that they’re manipulating their currencies to support...

Mike Tyson set to open 40-acre Marijuana farm in California

Former boxing champion Mike Tyson has broken new ground as he is set to open a marijuana ranch in southern California. The U.S state legalized the sale of non-medical...