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Wal-Mart is set to takeover Nigerian retail market soon!

    Wal-Mart is set to takeover Nigerian retail market soon!

Walmart, the world’s largest retailer by revenue, is about to open big box stores in Lagos, Nigeria’s and West Africa’s economic hub. Already, the company has opened a twitter account

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Nigeria’s economy to recover in 2016 – Lagarde

    Nigeria’s economy to recover in 2016 – Lagarde

After rounding off her working visit to the country, the managing director of the International Monetary Fund (IMF), Ms Christine Lagarde, has tipped the Nigerian economy to recover, albeit, slightly

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MTN acquires Visafone; 2000 workers sacked

    MTN acquires Visafone; 2000 workers sacked

According to a report by Technology Times, South Africa’s MTN Group, owners of MTN Nigeria, have concluded the acquisition of Visafone Communications Limited, a Nigerian mobile phone company, following an

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Naira loses 10% value

    Naira loses 10% value

The naira volatility continued almost throughout last year in both the parallel and interbank markets. At the last trading day for the year last Thursday, the naira crashed further against

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Savings From TSA Hit Over N2 Trillion

    Savings From TSA Hit Over N2 Trillion

• CBN Governor Promises Robust Economy, Stable Currency In 2016 Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefeile,

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Forex crisis hit Diamond Bank, stops use of Naira card in Dubai, China, others

    Forex crisis hit Diamond Bank, stops use of Naira card in Dubai, China, others

The current crisis in foreign exchange has taken toll on Diamond Bank. Indication of this became apparent as the bank

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Naira strengthens against dollar

    Naira strengthens against dollar

After weeks of free fall at the parallel market, the naira strengthened against the dollar on Friday. The currency gained

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Stanbic IBTC appeals judgment on FRC matter

    Stanbic IBTC appeals judgment on FRC matter

Mr Justice Buba of the Federal High Court delivered an oral judgment dismissing the proceedings issued by Stanbic IBTC Holdings

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NUPENG accuses security operatives, others of aggravating fuel sacrcity

    NUPENG accuses security operatives, others of aggravating fuel sacrcity

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) have accused security operatives manning filling stations across the country

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CBN to banks: fund SMEs or lose CRR refunds

    CBN to banks: fund SMEs or lose CRR refunds

Central Bank of Nigeria (CBN) Governor Godwin Emefiele yesterday mandated commercial banks to lower their risk rating for Small and

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