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One Month After Abokifx Shutdown, Naira Fails to Rise

Almost a month after the Central Bank of Nigeria forced foreign exchange update platform, Aboki FX, to suspend its operations, the naira has failed...

Flutterwave To Triple Valuation By $3 Billion

Flutterwave Inc., a Nigerian payments firm, is seeking fresh funding at a valuation of $3 billion or more, a figure that would roughly triple...

FASHION, MUSIC AT ITS BEST AT THE 2021 HEINEKEN DFA SHOWCASE

The 2021 Heineken Design Fashion Africa (DFA) Showcase, which took place at the Eko Convention Centre of Eko Hotel, Lagos, was one of the best...

MTN Nigeria Offers N90 Billion Bond For Sale

MTN Nigeria is offering N90 billion worth of bonds with 10 years maturity for sale to investors after obtaining regulatory approval for the exercise. The...

Airtel Nigeria To Buy Shares From Minority Shareholders

Airtel Networks Limited (Airtel Nigeria) has initiated a process to buyback 8.27 percent minority shareholdings at N55.81 per share, estimated at N61.24 billion. Buyback is...

Globacom Partners With France Satellite Deployment

Globacom, the second-largest telecoms operator in Nigeria by subscriber number and market share, has signed a deal with Eutelsat of France for satellite deployment...

E-naira: Companies Sues CBN

A cease and desist notification has been sent to the Central Bank of Nigeria (CBN) concerning the use of the name “eNaira.” This is according...

Federal Government To Imposes E-naira On Business Owners

The Central Bank of Nigeria says the e-naira which is set to be launched on October 1, 2021, is a legal tender equal to...

JUST IN: Naira Crashes At Official Market

JUST IN: Naira Crashes At Official Market Naira has crashed further at the official market over high demand pressure.     The exchange rate between the naira...

Russian Companies, Businesses Ready to Invest In Nigeria- Chamber president

The President of the Russian Chamber of Commerce, Mr Sergey Katyrin, has said that Russian companies and businesses were ready to partner and invest...

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