Etisalat has become one of the major casualties of the recession ravaging the Nigerian economy, with the telecommunications operator failing to meet its debt repayment terms with 13 Nigerian... Read more
An armed gang masquerading as police officers stole more than £1m in foreign currency from Johannesburg’s international airport, according to reports. The gang drove into a restricted... Read more
The Central Bank of Nigeria (CBN) said the recent appreciation of the Naira against other currencies was the result of its market monitoring and intervention. The acting Director, Corporate... Read more
The Nigeria Customs Service has given a a grace period of one month, between Monday, 13th March to Wednesday 12th April 2017 for owners of all vehicles within the Country whose custo... Read more
Nigeria’s Zenith Bank said on Tuesday it would seek shareholder approval next month to raise 100 billion naira ($318 million) via a combination of share or bond sale and global depository re... Read more
The first set of Nigeria-assembled Toyota cars will be rolled out in a couple of months, The Punch reports. According to the chairman, Toyota Nigeria Limited, Chief Michael Ade-Ojo, “The sem... Read more
For decades, the oil market has been dominated by Saudi Arabia, because it not only produced the most oil on a daily basis but also controlled the most oil underground. Those oil resources,... Read more
Walk around any phone store or browse online, and you’ll find rows of similar looking rectangular shaped smartphones. Compared to some of the crazy designs pioneered by Nokia (Helsinki... Read more
Nigerian protesters vandalised the head office of South African mobile phone giant MTN in Abuja on Thursday in apparent retaliation for anti-Nigerian violence in South Africa, a witness and... Read more
The Central Bank of Nigeria on Thursday reintroduced charges on cash deposits in banks. In a circular signed by the Director, Banking and Payments Systems Department, Mr. Dipo Fatokun, at CB... Read more